Once the Housing and Urban Development Secretary under President Obama, Shaun Donovan now runs a nonprofit devoted to increasing housing supply and advancing equity. In a conversation about America’s housing affordability crisis, Sec. Donovan explains how the Low-Income Housing Tax Credit in President Trump’s spending bill incentivizes private investment. House Speaker Mike Johnson (R-LA) touts his wins in the spending bill and shares his perspective on monetary policy. Speaker Johnson also weighs in on the Epstein files, saying he and the President believe in transparency. Plus, Netflix reported a strong second quarter, top Federal Reserve official Christopher Waller is calling for a rate cut this month, and The Late Show will end, come next May. 

Shaun Donovan - 13:46

Speaker Mike Johnson - 20:27

In this episode: 

Mike Johnson, @SpeakerJohnson

Melissa Lee, @MelissaLeeCNBC

Joe Kernen, @JoeSquawk

Zach Vallese, @zachvallese