Market volatility brought about by the Trump administration has roiled Wall Street, while putting CNBC and Fox Business squarely in the spotlight
MSNBC’s Lawrence O’Donnell opened his show in unusual fashion on March 11, joking that he had cut back watching his own network and was devoting most of his time to its corporate sibling, the business channel CNBC.
“It’s a really exciting time to watch CNBC. It’s especially fun if you’ve watched CNBC in normal times,” the host told Rachel Maddow during their handoff banter, later adding that the business network “normally puts reasonable people to sleep.”
While that might sound harsh, the chaos of the Trump administration’s opening weeks, with his back-and-forth, on-and-off actions related to tariffs and wanton cuts to reduce government, has propelled the business channels into the eye of the storm.
