Fmr. Obama Treasury Counselor Rattner: Powell Got Inflation Wrong Because WH Was Wrong and He's 'a Team Player'

On Thursday's broadcast of MSNBC's "Morning Joe," Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, argued that Federal Reserve Chairman Jerome Powell got inflation wrong in part because "the White House was signaling that they thought inflation was going to come down." And Powell "is a team player" who was up for re-appointment around a year ago.