David Stockman on reining in government spending, the outlook for Federal Reserve policy and Nancy Reagan’s legacy

Maria Bartiromo, Fox Business, Released on 3/11/16

“Negative interest rates are almost criminal. That’s taking away from savers!”

David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author, most recently, of The Great Deformation: The Corruption of Capitalism in America.

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