Seven weeks ago, Warsh took questions from the media, and it didn't go well . Markets sold off as he seemed vague and evasive about the reasoning behind the latest interest rate decision. Wednesday, he gets a do-over. Why it matters: Investors will be thirsty for a more detailed explanation of the Fed's decision than the one Warsh offered in late July — even while respecting his intention not to give explicit guidance about future policy moves. - Markets are pricing in a quarter-point increase in rates — but the why behind that likely move is more significant than the act itself, for what it says about the Fed's analytical framework under its new leadership. - And if the Fed's policymaking Federal Open Market Committee elects to…
Newsom claimed that if he did run against Harris, it would be a "gift" to Republicans and other Democratic presidential hopefuls because it would be "mutual assured destruction," and therefore, does not serve a greater purpose.
Christopher Gallant, who is running against Representative Nick LaLota on Long Island, acknowledged that the photos that surfaced in media reports on Monday were legitimate.
While fly fishing in Montana, CNN’s Jake Tapper asks Governor Gavin Newsom what it would take for him to run for president in 2028. This is part of on an ongoing series where Jake Tapper joins politicians from both sides of the aisle in some of their favorite places to discuss how they got to where they are today. Watch the full interview on https://cnn.it/4yE5Xq9 Tuesday at 8AMET.
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