

Live From the Bloomberg Global Forum
22 snips Sep 24, 2025
Admiral Michael Mullen, former Chairman of the Joint Chiefs of Staff, shares insights on NATO dynamics and U.S. military commitments, emphasizing the importance of support for Ukraine amidst growing tensions with Russia and China. He discusses the morale of service members and the challenges facing the Pentagon. Anne Black, Managing Director at J.P. Morgan Wealth Management, delves into generational wealth transfer, highlighting the evolving nature of philanthropy among younger donors and the significance of aligning family foundations with purposeful giving.
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How Lloyd Austin Got Noticed
- Michael Mullen met Lloyd Austin as a three-star in Iraq and brought him into senior joint staff roles.
- That early in-theater assessment led Mullen to champion Austin's rise through the Pentagon.
Pentagon Facing Leadership Uncertainty
- Mullen says the Pentagon faces major uncertainty amid leadership change and firings.
- He warns operations remain capable but morale and direction are unsettled at senior levels.
Putin As An Escalating Threat
- Mullen calls Vladimir Putin the most dangerous leader and sees Russia's resurgence as an existential threat to Europe.
- He argues U.S. support is pivotal to stopping further Russian aggression beyond Ukraine.