What, Barbra Streisand wasn’t accessible to supply skilled commentary on Federal Reserve coverage? As a substitute, Friday’s Morning Joe went with former ESPN podcaster Pablo Torre. And the end result was a weird combination of perplexity and pathos. His look was a basic illustration of the perils of venturing outdoors ‘core competencies,’ in corporate-speak, and holding your self out as an expert-on-everything.
Torre used to host the ESPN Every day podcast, however Pablo left ESPN and has gone off on his personal, now internet hosting Pablo Torre Finds Out, and serving as a daily Morning Joe visitor.
Substitute host Katty Kay invited Torre to touch upon two tales: President Trump’s try and oust Lisa Cook dinner as a member of the Federal Reserve, and the President’s plan to ship federal brokers to Chicago to extend arrests of what Kay referred to as “unauthorized immigrants.”
Kay even requested Torre to elucidate why, in response to Trump’s efforts to take away Cook dinner, the greenback and the markets “have not tanked in the way in which that some individuals thought they is perhaps?”
So, Torre was now additionally a Jim Cramer-style market analyst?
As for Kay, she and her fellow libs have been seemingly not simply considering, however hoping, that markets would tank, with the blame being laid at Trump’s toes. Torre launched right into a meandering mess of a commentary. He twice talked about “lag” within the impression of Trump’s insurance policies.
Pablo, the one lag you need to be speaking about is that within the golf downswing.
Torre ultimately admitted to feeling like he is taking “loopy capsules, once more,” and curiously concluded with a well-known Ronald Reagan quote: “belief however confirm.”
A plaintive Pablo described himself as being “In New York on my own on a Friday earlier than Labor Day weekend. It is very lonely right here.”
Kay felt Pablo’s ache and tried to consolation him: “I am so sorry you are on their own. It does one thing to you, being solitary up within the studio. I do know we can’t overlook you, Pablo. We all know. We all know you are there.”
Pleasant recommendation, Pablo: you have been nice on ESPN Every day. Keep on with sports activities!
One could not assist suppose that the opposite panelists, Sam Stein, David Ignatius, and Jonathan Martin, have been saying to themselves, “Why the heck is that this sports activities man being requested to opine on topics that we truly know one thing about?!”
The transcript is under. Click on “develop” to learn:
MSNBC’s Morning Joe
8/29/25
6:10 am EDTKATTY KAY: A listening to is now set for 10 a.m. this morning in Washington, D.C., after Federal Reserve Governor Lisa Cook dinner filed a lawsuit in opposition to President Trump. Claiming that his to take away her from her place is illegal, she is asking to stay an energetic member of the board. In her lawsuit, which additionally names the Fed’s Board of Governors and Chair Jerome Powell as defendants, Cook dinner describes her ouster as unprecedented and unlawful. The submitting argues that the president doesn’t have the ability to unilaterally redefine “trigger,” utterly unmoored to case legislation, historical past and custom, and conclude, with out proof, that he has discovered it. Trump has accused Cook dinner of mortgage fraud, however she has not been charged with a criminal offense.
In the meantime, federal authorities are planning to surge brokers to Chicago subsequent week in an effort to extend arrests of unauthorized immigrants. Federal legislation enforcement officers inform NBC Information the plans contain Immigration and Customs Enforcement, Border Patrol, and different federal companies.
. . .
Okay, so we learn these tales collectively, Pablo, as a result of, once more, it’s a part of this strategy of the nation that’s altering earlier than our eyes.
You are up in New York. I am gonna rapidly pull you in on a form of market response to this, as a result of one of many shocking issues, notably in regards to the Lisa Cook dinner listening to, is we had anticipated that there could be extra market response than there was. Sure, the greenback’s fallen a bit, however it hasn’t tanked, and the markets have not tanked in the way in which that some individuals thought they is perhaps. What is going on on with the markets and the Fed?
PABLO TORRE: Yeah, look, we’ve been ready, frankly, for the bigger Trump financial technique to recover from the lag interval and truly impression, you already know, Important Road America, so to talk.
And so the by way of line in these conversations when it comes to what’s taking place with the market, it brings us again to this bigger examination of, do we wish the Fed? Do we wish the CDC? Do we wish these organizations, the transportation regulators, to be in place, such that their skilled recommendation, which is warning us in a long-term method, and warning us, hey, it is not merely sufficient to be reactive however proactive, will we nonetheless contemplate their counsel on this to be worthy of inclusion within the room?
And so the query of how will you get away with this, it does rely on this lag, Katty. And we will speak in regards to the methods by which what’s taking place in Chicago tends to be the consolation zone for Donald Trump when it comes to the playbook he desires to run.
However all this feels acquainted. All this feels of a bit. All of it appears like we’re in reruns, frankly. Um, I do not know in the event you guys in D.C. really feel that method. Definitely in New York, it simply form of appears like, okay, so we’re making an attempt to take the recommendation of the consultants, or the man who’s saying, is not every thing effective now? Does not it really feel okay proper now within the current tense? Sufficient for you? And that form of makes me really feel like I am taking loopy capsules, once more.
However that is simply me in New York on my own on a Friday earlier than Labor Day weekend. It is very lonely right here.
KAY: I am so sorry you are on their own. It does one thing to you being solitary up within the studio. I do know. We cannot overlook you, Pablo. We all know you are there.
TORRE: Belief however confirm.
