Can the Fed Chairman and Treasury Secretary Do Their Job and at the Same Time Please Their Boss

Pavlina Tcherneva checked in with Ian Masters of Background Briefing for a far-ranging conversation that begins with Fed Chair Warsh’s keynote at Jackson Hole and Treasury Secretary Bessent’s recent intervention in the bond market, touches on the AI bubble and its echoes of the Roaring ’20s, and finishes with the growing risks posed by the plutocratic excesses of our current era.

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