Transcript: Gary Cohn on "Face the Nation with Margaret Brennan," June 14, 2026

TL;DR

Opening the straits is expected to lower gas prices due to a psychological shift in consumer behavior.
The price of energy impacts groceries, manufacturing, and all consumer goods.
The Federal Reserve, under new chairperson Kevin Warsh, is expected to focus on monetary policy based on economic data.
American entrepreneurial spirit and technological advancements are seen as strengths that create jobs and solve global problems.
Historically, technological advancements have led to GDP growth and job creation, not the demise of human capital.

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