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Funding & Business

Portes: Waller Would be an 'Excellent' Fed Chair, Hassett a 'Disaster'

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Christopher Waller is the best option out of the contenders for next Fed chair says Richard Portes, Professor of Economics at the London Business School and founder of the Centre for Economic Policy Research. Kevin Hassett, meanwhile, would be a ‘disaster’ warns Portes.
Speaking to Bloomberg’s Francine Lacqua, Portes added that ‘anybody who Trump puts up will be confirmed’. (Source: Bloomberg)



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Funding & Business

Oscar-Winning Producers $30M in Black Film Bet

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David Steward II, founder and CEO of Lion Forge Entertainment, says the company has come a long way from comic book publishing to producing shows like the Oscar-winning Hair Love and the new animated series Iyanu. Edward Hamati, chief investment officer of Steward Trust and a Lion Forge board member, tells Romaine Bostick on “The Close” that it’s critical to retain as much ownership as possible in distributor relationships. (Source: Bloomberg)



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Funding & Business

Tether to Launch New US Stablecoin

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Tether CEO Paolo Ardoino and Tether USAT CEO Bo Hines discusses the launch of their new US-regulated stablecoin with Tim Stenovec and Scarlet Fu on ‘Bloomberg Crypto.’ (Source: Bloomberg)



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Funding & Business

Former BLS Chief Recounts Shock of Getting Fired Over Jobs Data

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Erika McEntarfer, who was fired as commissioner of the Bureau of Labor Statistics last month, said official notice of her dismissal came as a complete surprise in a short email from the White House.



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