Bannon’s departure / the stock market under Trump

Listen 00:49:00
Steve Bannon

President Donald Trump speaks about the US role in the Paris climate change accord in the Rose Garden, Wednesday, June 1, 2017, in Washington. (AP Photo/Andrew Harnik)

Guests: Ron Elving, Mark Zandi

President Trump had been expressing his displeasure with his advisor Steve Bannon for months and finally, on Friday, the White House announced that Bannon was out.  Bannon, Trump’s chief strategist with alleged ties to the white nationalist movement, has been a controversial figure since joining the Trump campaign last summer.  We’ll talk with RON ELVING, senior editor on the NPR’s Washington desk, about what Bannon brought to the White House,  what might change now that he is gone and how Trump is weathering the fallout since his much maligned response to the events in Charlottesville.  Then, MARK ZANDI of Moody’s Analytics explains the  “Trump bump” in the stock market and why CEO’s have abandoned their official roles as advisors to the President.

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