Capitol Alert: Neel Kashkari at ease among financial tickers on morning TV
02/14/2014 8:37 AM
02/14/2014 8:50 AM
Neel Kashkari got to know the financial media during his time at the U.S. Treasury Department, so when he went on CNBC's Squawk Box on Friday, it was just like old times.
"Great to see you, Becky," the Republican candidate for governor told co-anchor Becky Quick. "It's been a long time."
Kashkari and Quick talked for a few minutes about his political ambitions, and then the caption on screen switched from "Kashkari's Run for Governor," to "Kashkari's Economic Outlook."
"Let's talk about the country on a broader scale," Quick said. "Where do you think we stand right now? Because we have seen some pretty lousy economic numbers."
Kashkari, wearing a white shirt and red tie and with financial updates running beneath him, said he hasn't been "paying a lot of attention closely to the day-to-day stock market." But the former Goldman Sachs executive suggested he still could keep up with Quick.
"It does feel to be much more of a stock pickers market," he said, "than any kind of broad-scale rally over the next six to 12 months."
From CNBC, Kashkari jumped to Fox News, for a segment on Fox & Friends. While at Treasury, Kashkari managed the bank bailout known as the Troubled Asset Relief Program, and Tucker Carlson asked if he had any regrets.
The program became a political liability for many Republicans who supported it, but Kashkari said it was a necessary intervention in an economic crisis.
"So you don't regret what you did at all?" Carlson asked.
"No," Kashkari said. "Absolutely."
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