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Podcast: Squawk Pod
Episode: A Russian Mega-Yacht Auction & Allegations of Mortgage Fraud 8/21/25
Description: While the worldâs central bankers convene in Jackson Hole, Wyoming, President Trumpâs Director of the Federal Housing Finance Agency Bill Pulte has accused Federal Reserve Governor Lisa Cook of "mortgage fraud.â CNBCâs Steve Liesman discusses the allegations and sits down with Kansas City Fed President Jeffrey Schmid to discuss the Fedâs mandate, inflation metrics, and the state of the U.S. economy. Author Walter Isaacson is closely watching the Trump administrationâs interest in corporate America; the renowned biographer warns that âstate capitalismâ could bring the country down a path toward âcrony capitalism.â Plus, CNBCâs Robert Frank reports...