March 21, 2025: Interest Rates, EU Tariffs, GOP Discord on Combatant Commands
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March 21, 2025: Interest Rates, EU Tariffs, GOP Discord on Combatant Commands
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Join us as we break down the Federal Reserve’s decision to hold interest rates steady while signaling two rate cuts by the end of the year. We analyze the impact of tariffs on inflation and interest rates, as well as the EU’s decision to delay retaliatory tariffs—a move that could reshape global trade dynamics.
Next, we turn to Capitol Hill, where the GOP chairs of the House and Senate Armed Services Committees have fired a warning shot at Donald Trump and the Pentagon over proposals to consolidate combatant commands and reduce U.S. leadership in NATO. For the first time, key Republicans are openly challenging Trump on defense policy. We discuss what this means for America’s global military presence and whether it’s time for the U.S. to step back from being the world’s police—not just in Europe but also in Japan and beyond.
Finally, on "This Day in History," we look back at March 21, 1952, when DJ Alan Freed hosted the first-ever rock and roll concert—the Moondog Coronation Ball—an event that changed music history forever.
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