Peter Orszag, CEO of Lazard and former OMB director under Obama, discusses the economic impacts of President-elect Trump's cabinet selections and their potential ripple effects on the market. He emphasizes the importance of Fed independence and strategic planning in a shifting political landscape. Meanwhile, Drew Scott, co-founder of Scott Brothers Global, shares insights on the current housing market and their new HGTV show, which encourages homeowners to renovate instead of relocate, addressing affordable housing and innovative solutions like Accessory Dwelling Units.

Peter Orszag, an economist and former government official, now CEO of Lazard, shares his insights on navigating both Wall Street and Washington. He dives into the complexities of today’s M&A landscape, influenced by technology and regulations. Orszag discusses the critical role of geopolitical knowledge in financial decision-making and highlights the significance of effective leadership in the face of international tensions. He also reflects on the evolution of sustainability initiatives within finance and the impact of diverse teams on advisory success.

Bill Cohan discusses the ascent of Peter Orszag, the new CEO of Lazard, and his plans to double revenue by 2030. They explore the culture and history of Lazard as a Wall Street bank. They also discuss the disconnect between positive economic trend lines and pessimistic sentiment under the Biden administration.