. >> thank you >> for more on this let's bring in donald kohn he joins us now in his first tv interview. >> so aagree with much of what steve said i think the fed is doing what it needs to do in a very strong economy. so the economy is growing at an unsustainable pace we are creating 200,000 jobs a month. the unemployment rate is coming down at some point it will add to inflation pressures. we already see a little of that but not much as we saw today the feds got to raise interest rates to contain inflation pressures. >> so given that you think that i guess you disagree with the content of the president's comments what do you make of the fact that he made such comments about federal reserve policy whatever the content was >> so i think it's unfortunate i think the policy that was initiated under clinton and extended to bush and obama of the president not overtly entering into monetary policy gave the fed a little more breathing room so i think powell has said very clearly that they are focused on the legislative mandate they have been given for maximum employment and they will do what t

on "closing bell" we speak with donald kohn. an interview you don't want to miss ♪ to err is human.cipate is lexus. experience the lexus rx with advanced safety standard. experience amazing. >>> welcome back to "squawk alley. i am jackie deangeles, build in crude oil stocks of 6 millio