Fed, Yellen Need to Undo Mnuchin's 'Nasty, Mean' Actions: Alan Blinder

The transcript discusses the current economic momentum and the need for potential stimulus to sustain recovery. It emphasizes targeted financial aid for unemployed individuals, small businesses, and state and local governments. The conversation also highlights the challenges of addressing inequality, especially with a potentially Republican-controlled Senate. Additionally, the role of the Federal Reserve and its possible actions to support the economy are explored, including the impact of previous decisions by Secretary Mnuchin.

What does the speaker identify as a major issue that needs to be addressed regarding inequality?

What does the speaker suggest about the Federal Reserve's potential actions to support the economy?

How does the speaker perceive the actions of Secretary Mnuchin regarding emergency lending facilities?