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What will the GOP tax bill do for the economy?

And what will Jerome Powell do for the Fed?

President Donald Trump speaks to the House Ways and Means Committee about tax reform legislation yesterday at the White House, flanked by Speaker of the House Paul Ryan, left, and committee Chairman Kevin Brady.
President Donald Trump speaks to the House Ways and Means Committee about tax reform legislation yesterday at the White House, flanked by Speaker of the House Paul Ryan, left, and committee Chairman Kevin Brady.
Drew Angerer/Getty Images

Sudeep Reddy of Politico and Don Lee of the Los Angeles Times join us to discuss this week’s business and economic news. We breakdown what exactly the 261,000 new jobs, the dropping of the unemployment rate and the new GOP tax plan mean for the economy. We also discuss what changes could happen when Jerome Powell replaces Janet Yellen as Federal Reserve chair. Lastly, we touch on what to expect of President Donald Trump’s Asia trip. 

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