Interesting speech today by Governor Waller. Has Fed been so direct on this before?
“one of those challenges (to the international role of the dollar) is the complex relationship between the dollar and geoeconomics… including sanctions against Russia.” federalreserve.gov/newsevents/spe…

'Ultimate Endless Shrimp’ promotion cost company $11 million
bloomberg.com/news/articles/…

One man, in the eyes of Donald Trump, is a “money machine.” The other is a guy named “Scott.”

Meet 2 men short-listed for Trump's Treasury secretary, by Katherine Burton, Amanda Gordon + Nancy Cook

Frugal, nimble, and topping the polls: Trump’s 2024 campaign

I unpack it all on the Big Take DC podcast w Nancy Cook + Anthony Scaramucci

Have a listen --->

podcasts.apple.com/us/podcast/tru…

That Paul Ryan is a senior advisor to Paradigm is pretty important context for any stablecoin or crypto comments (and something TV anchors should be aware of if it comes up unprompted) policy.paradigm.xyz/policylab/coun…

This is exciting.

DC slammed Trump's tariffs but has applauded Biden's

Contrasting reactions to similar policy moves just a 6 years apart is yet another reminder of how far US political consensus has shifted against free trade, writes Gavin Bade

politico.com/news/2024/05/1…

Powell on the Fed’s independence: “I'm less worried about that than the sort of things that have been in the press lately might suggest.” 👀

“In most cases, the CEO has no one to talk to,” Engel said. “He can’t tell people what’s going on with his wife, with his girlfriend. He can’t tell them about what’s going on with his mistress.’’

Fascinating read by Heather Perlberg

bloomberg.com/news/articles/…

Coming up today on Bloomberg TV:
I’ll be sitting down with Secretary Janet Yellen. John Micklethwait with Emmanuel Macron, & Jonathan Ferro with David Solomon.

Hey there Saleha Mohsin. You're in a prime spot at Kinokuniya inSingapore.

On my way to Sydney, Melbourne & Singapore over the next ten days and picked this book by Saleha Mohsin to read on the flight. Highly recommend for this work which is both timely and spot on about the dynamic changes & challenges to the rules based international economic order.

During the Milken Institute Global Conference on Monday, a passionate debate over diversity, featuring hedge fund manager Bill Ackman, took place behind closed doors bloomberg.com/news/articles/… via @bbgequality

Global investors' views of U.S. soundness 'may end up being much more fragile than we thought,' per Ernie Tedeschi

These books, from authors like Saleha Mohsin and Jim Sciutto, will help you better understand the wars unfolding around the globe.
nextbigideaclub.com/magazine/7-boo…

“Given the massive size of the capital markets, I think the evidence is reasonably clear intervention doesn’t work — even in the scales that the Japanese engaged,” Lawrence H. Summers told David Westin on Bloomberg TV

Summers oversaw fx interventions during his tenure at Treasury

Russia’s state-controlled gas giant Gazprom reports its first annual net loss since 1999 on falling shipments to Europe and lower prices for the fuel trib.al/ahjyWa5

Trump in a Fox interview last night:

'The dollar is situated that businesses are going to flee our country. The dollar is set at a very, very bad mark in terms of jobs'

'The dollar is set for China and Japan and other countries to do great'