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Wall Street Week
Bloomberg Wall Street Week - July 12th, 2024
Jul 13, 2024
Key Square Capital CEO criticizes lack of Fed independence under Biden, Columbia Law Professor discusses Supreme Court's impact on bank regulations, Former British Ambassador analyzes Labour Party's economic challenges, Equity Group Investments President reflects on succession plans, Aspen Economic Strategy Group Director talks about fostering dynamism in US economy
38:29
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Quick takeaways
- The Fed's lack of independence under Biden, Supreme Court's impact on bank regulations, and Labour Party's economic challenges.
- U.S. debt exceeding 7% of GDP poses challenges, need for fiscal responsibility, and risks of financial instability.
Deep dives
Industrial Policy in the U.S. Economy
Discussing the appropriateness and challenges of industrial policy in steering economic growth and innovation. Questions focus on when state-driven policies succeed, potential risks of propping up non-viable firms, and the capacity of state intervention to drive positive outcomes.
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Discover
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