Treasury chief Scott Bessent says Fed Funds Rate should be 1.5% to 1.75% lower, predicts .5% cut Sept 17, teases up to 11 Powell replacements
Julian Hebron
Stephen Miran, chair of Trump's Council of Economic Advisors, nominated to open Fed governor role. How fast can he be confirmed and how long could he serve?
Doing what brings you personal fulfillment is another form of being rich: lessons from Quentin Tarantino, Jensen Huang, Arnold Scharzengger.
Trump approves The Late Show sign for Powell’s new Fed building. Just joking, but admit it: "The Late Show" is a better Trump nickname for Powell than "Too Late."
Is the Fed succeeding at it's dual mandate of low prices and low unemployment? Besset says the Fed should be examined to make sure.
"I think we can go ahead and call this a trendy up-and-coming artist mecca,” says developer after seeing colorful bench and bearded man in a flannel shirt walking by. 😂 via The Onion
Meta’s AI talent recruiting spree has added some of the most accomplished AI leaders out there. Here are their bios.
U.S. tax & spending bill expected to add $3+ trillion to deficit next 10yrs. Will it set off debt spiral that ends Fed independence?
This interactive NYT post has handy Yes/No questions to see how new Trump bill hits your wallet, taxes, business, healthcare, student loans.
FHFA chief Pulte’s crypto mortgage push helps some crypto holders get home loans easier. But don’t worry, it won’t lead to mortgage crisis 2.0. Colin Robertson explains.

Rocket bridge loans let you tap existing home equity for down payment on new home (and to fix up your place to sell), and the interest-only payments don't hit your pre-approval on the new home.
AI video tools like Google’s Veo 3 and Runway can make scenes. Here’s a tutorial from WSJ’s Joanna Stern and Jarrard Cole.
Mortgage rates back up to 7%, which stings, but 7% is right in middle of 2023 to 2025 range. Here's what'll influence rates direction next.
If you put 10% down on a home, and assumed spending 30% of income on housing, here's income you need to buy a home in every U.S. state.

