"The American people, I think, not only have a toleration but also a hunger for explanation and complexity, and a willingness to acknowledge hard problems. I think one of the biggest mistakes that is made in Washington is this notion you have to dumb down things for the public."After eight years of Manichaean ethos, elitism looks attractive.
— Barack Hussein Obama, interview with Newsweek's Jon Meacham
Trump rules Bessent out for Fed chair
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The president, in an interview on CNBC’s Squawk Box, said Bessent told him
Monday evening that he does not want the job as central bank head.
32 minutes ago
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