Former Fed Vice Chair Lael Brainard, Cleveland Cliffs Soars, Crypto IPO Pipeline 7/21/25

Former Fed Vice Chair Lael Brainard reacts to the reports that Treasury Secretary Soctt Bessent talked the President out of firing Powell, plus her outlook for rate policy. Then Cleveland-Cliffs stock soars as it says it’s benefiting from U.S. tariffs on foreign steel and aluminum. And as bitcoin hits new records, a number of crypto companies looking to test to public markets. VC Ben Lerer gives his outlook for the industry. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.