Jim Millstein, Co-chairman of Guggenheim Securities and former Treasury Department chief restructuring officer, dives into the complexities of regulatory changes affecting the financial sector. He shares insights on the impacts of trade policies with China and outlines challenges posed by the U.S. deficit and Treasury financing. Millstein also discusses the transformative role of AI in professional services, emphasizing its potential to boost productivity and enhance competitiveness in banking and law. This conversation is a blend of economic analysis and forward-thinking strategies.