My Milken takeaway: Griffin's "crony capitalism" comments were unusually frank for a Milken headliner. But on the sidelines of the annual paean to globalism in Beverly Hills, industry leaders warned of how Trump's policies could kick off a recession. www.politico.com/news/2025/05...

Wall Street has been paralyzed by trade policy uncertainty. That’s only a prologue for what’s in store after President Donald Trump announces global tariffs at a Rose Garden ceremony Wednesday that he has dubbed "Liberation Day." www.politico.com/news/2025/04...

I spoke with @jc-econ.bsky.social for POLITICO Magazine. “Investors are tuning into the fact that — at a minimum — Trump 2.0 is going to be quite a bit different from Trump 1.0.,” Coronado told me. “He’s not as sensitive to the stock market as we thought.” www.politico.com/news/magazin...

Powell made clear that uncertainty - particularly with trade policy - has made it difficult to attach much conviction to the Fed's economic forecast. Here is why that matters --> www.politico.com/newsletters/...

Morning Money: Most economists still expect the U.S. economy to expand over the next year, but there are growing signs that business leaders are tempering their plans for future investment as they digest the rapid-fire policy changes coming out of Washington. www.politico.com/newsletters/...

The arrival of Elon Musk’s allies at the Labor Department has sparked fears that the quality of the agency’s reports on everything from inflation to jobs could suffer at the hands of inexperienced outsiders — with global consequences By @samjsutton.bsky.social & me: www.politico.com/news/2025/02...

The oracle of Biden’s inflation woes has a warning for Trump feat. interviews with @LHSummers and James Carville www.politico.com/news/2025/02...

Big banks might have to eat crypto whether they like it or not  www.politico.com/newsletters/...

Today’s MM: Jamie Dimon is ready to talk about debanking. www.politico.com/newsletters/...

Lawful channels for migration are a much better response to black-market immigration than vast deportation camps. Without immigration our labor force would be shrinking. Now, today. I talked with @samjsutton.bsky.social of @politico.com —> www.politico.com/news/2025/01...

Trump won the election b/c voters were angry over immigration and inflation, former Trump adviser Stephen Moore told me. “There is no question that having 8 to 10 million people deported — many of whom are working — would put a strain on the economy." www.politico.com/news/2025/01...

Donald Trump made a meal over surging egg prices throughout the 2024 presidential campaign. Now, he’s going to have to eat it. www.politico.com/newsletters/...

Today’s MM: What Michael Barr’s decision means for Fed independence. Also, interviews with both Chris Dodd and Barney Frank about the political independence of the vice chair of supervision role www.politico.com/newsletters/...

Here's how Trump's Council of Advisers pick Steve Miran thinks tariffs could work (and how they could lead to new currency policies/trade agreements) www.politico.com/newsletters/...

NEW from me: Jeff Bezos, Larry Fink and Donald Trump’s Treasury pick Scott Bessent all agree: Turbocharging economic growth is the best route to reining in the U.S.’s massive $36 trillion debt. History is not on their side. www.politico.com/news/2024/12...

Today’s MM: When it comes to Trump, Big Bank CEOs Ac-Cent-Tchu-Ate the Positive. Plus, a must read from @eleanormueller.bsky.social breaking down the gavel race for House Financial Services www.politico.com/newsletters/...

Had the pleasure of joining fellow W&M Tribesman @robblackwellab.bsky.social on the "Banking With Interest" podcast to discuss Bessent, taxes and Trump 2.0. Give it a listen here www.intrafi.com/press-insigh...

The economic clashes looming in Trump 2.0 www.politico.com/news/2024/12...