The Federal Reserve, under Kevin Warsh, has decided to keep interest rates steady. Former Fed vice chairman Roger Ferguson discusses the decision and the FOMC member dissents. After Dr. Anthony Fauci’s testimony before the Senate Homeland Security Committee, Committee Chair Sen. Rand Paul (R-KY) discusses his plan to consider holding Dr. Fauci in contempt for exercising his Fifth Amendment rights 111 times throughout the hearing. CNBC’s Dan Murphy reports on the latest strikes between the U.S. and Iran, and Amos Hochstein, former White House Senior Advisor for President Biden, discusses strategies in regional conflict and its impact on global energy. Roger Ferguson - 5:05 Sen. Rand Paul - 21:11 Dan Murphy - 37:03 Amos Hochstein - 42:50 In this episode: Rand Paul, @SenRandPaul Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Fed Holds Interest Rates Steady & Dr. Fauci Pleads the Fifth 7/30/26

Squawk Pod

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[SPEAKER_08] Bring in show music, please.

[SPEAKER_03] Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod. Don't fight the Fed. New chair Kevin Warsh stands pat on interest rates for his second meeting. Will that be enough? There was dissension in the ranks and the markets didn't love the lack of clarity. Former Federal Reserve Vice Chairman Roger Ferguson joins us.

[SPEAKER_06] To keep saying you're resolute and then to not act, causing the question exactly how resolute you are.

[SPEAKER_03] And former infectious disease chief Dr. Anthony Fauci's Senate committee hearing on the COVID pandemic.

[SPEAKER_05] On the advice of counsel, I respectfully decline to answer based upon my rights under the Fifth Amendment to the Constitution.

[SPEAKER_03] Rand Paul is ready to hold him in contempt.

[SPEAKER_15] We think he destroyed records, but all he would have said yesterday was, I deleted records maybe I shouldn't have. That would be the truth.

The Fed Holds Interest Rates Steady & Dr. Fauci Pleads the Fifth 7/30/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The Fed Holds Interest Rates Steady & Dr. Fauci Pleads the Fifth 7/30/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.