White: Democrats Will Have to Give Up Something Big

Dec. 4 (Bloomberg) -- Politico Chief Economic Correspondent Ben White and Cypress Group Partner Pat Cave discuss the keys to a cliff compromise. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
25:17 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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