Evercore Chair Emeritus Ralph Schlosstein says the US economy is in solid shape and the Federal Reserve is correct to stay patient on rates. Speaking with Romaine Bostick on "Bloomberg The Close," Schlosstein also comments on the federal spending bill and the New York City mayoral race. 00:00 Economic impact of tariffs and Fed policy 03:29 Fed Chair Jerome Powell and possible successors 06:34 Schlosstein's views on the federal spending bill 07:28 NYC mayoral race and why he never entered