David Rubenstein, the FOMC, & Saving Spirit Airlines 4/29/26
About this episode
Today is likely Jay Powell’s final FOMC meeting as Federal Reserve Chair, with Kevin Warsh expected to be sworn in as his successor. Carlyle Group co-founder and co-chairman David Rubenstein discusses the Fed’s two-day policy meeting and Powell’s legacy leading the central bank. Then, a heated debate over a potential federal rescue of Spirit Airlines: Association of Flight Attendants international president Sara Nelson and Advancing American Freedom senior fellow Joel Griffith break down the pros and cons of a $500 million bailout. Plus, Elon Musk continues his testimony in the high-profile trial against OpenAI CEO Sam Altman, and CNBC’s Dan Murphy reports on the UAE’s departure from OPEC.
Dan Murphy - 06:35
David Rubenstein - 16:00
Sara Nelson & Joel Griffith - 30:32
In this episode:
David Rubenstein, @DM_Rubenstein
Sara Nelson, @FlyingWithSara
Joel Griffith, @JoelGriffith
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY
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