NEC's Gary Cohn on U.S. Jobs Report, Regulations

The video discusses the U.S. administration's focus on job growth, deregulation, and financial reforms. It highlights concerns about wage growth, the impact of regulations on job creation, and the need to review Dodd Frank to enhance bank lending. The discussion also covers the Volcker Rule, orderly liquidation authority, and the administration's adaptability in setting priorities. Finally, it addresses trade issues and the role of currency policy in achieving fair trade.

What is a major concern regarding the rise in job numbers discussed in the video?

• The increase in part-time jobs

• The lack of wage growth

• The decrease in job quality

• The rise in unemployment

What is identified as the top priority for the White House in terms of economic policy?

• Healthcare reform

• Job growth

• Infrastructure development

• Tax reform

Which regulatory act is being reviewed for its impact on bank lending?

• The Gramm-Leach-Bliley Act

• The Dodd-Frank Act

• The Sarbanes-Oxley Act

• The Glass-Steagall Act

What is the main goal of revisiting the Volcker Rule according to the video?

• To expand its scope

• To simplify and adjust it

• To eliminate it completely

• To replace it with new legislation

What is the White House's stance on regulation as discussed in the video?

• They aim to eliminate all financial regulations

• They want to increase regulatory burdens

• They support smart regulation

• They are against all forms of regulation

How does the White House plan to handle multiple issues simultaneously?

• By delegating all tasks to Congress

• By focusing on one issue at a time

• By ignoring less important issues

• By being adaptable and flexible

What is the administration's approach to trade as mentioned in the video?

• To impose heavy tariffs

• To restrict all imports

• To focus solely on exports

• To promote fair and free trade