15 Sep 2025
48m

Trump’s Battle with the Fed Explained | The Real Eisman Playbook Episode 25

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The Real Eisman Playbook

In this episode of "The Real Eisman Playbook," Steve Eisman interviews Rob Kaplan, vice chairman of Goldman Sachs and former president of the Dallas Fed, discussing current economic issues such as the Fed's response to presidential pressure, tariffs, and labor market weakness. Kaplan shares insights on the Fed's internal discussions, the impact of tariffs on businesses, and his experiences at the Dallas Fed, including dissenting opinions during the COVID-19 pandemic. The conversation shifts to Kaplan's career in investment banking, his return to Goldman Sachs after a period in academia and public service, and changes within Goldman Sachs, emphasizing client-centric principles and the importance of integration in mergers and acquisitions, and regulatory challenges in the banking sector.

Outlines

Part 1: Fed Independence and Economic Context

Part 2: Investment Banking and M&A Insights

Part 3: Goldman Sachs' Future and Regulatory Environment

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