Yahoo Finance
August 25, 2025
HKS Authors
See citation below for complete author information.
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government (on leave)
Charles W. Eliot University Professor
Abstract
As US stocks cool off from Friday's rally, fueled by Federal Reserve Chair Jerome Powell's Jackson Hole speech, Lawrence Summers, former US Treasury Secretary for the Clinton administration, joins Opening Bid to discuss the Fed's next move, the economic impact of Trump's tariffs, Trump's calls for Fed governor Lisa Cook to resign, and the US government's 10% stake in Intel (INTC).
Citation
Summers, Lawrence H. "Larry Summers talks Powell, Trump, tariffs, & US stake in Intel." Yahoo Finance, August 25, 2025.