Stockman on Jerome Powell Dismissing Recession Concerns: 'He's Missing Three Giant Skunks'

David Stockman on "Closing Bell" (CNBC, Feb. 27, 2018)

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.