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Bloomberg

Bob Diamond on UK Political Turmoil, Tokenization and Crypto Bill

Bob Diamond, founding partner and CEO of Atlas Merchant Capital, discusses the emerging trend of tokenized real-world assets. Speaking with Bloomberg's Caroline Hyde on "Bloomberg Markets," Diamond also comments on the recent UK political turmoil, the outlook for Middle East markets and the Senate Banking Committee advancing the so-called Clarity Act that would establish the CFTC as the primary regulator for large parts of the crypto industry.

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Bloomberg

Guggenheim's Schwartz Concerned Private Credit Will Crack

Alan Schwartz, executive chair of Guggenheim Partners, discusses surging US power demand from electrification and AI, arguing data centers and hyperscalers should be seen as partners in lowering long term electricity costs. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Schwartz also addresses the recent concerns about the private credit market.

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Bloomberg

Mnuchin Talks Semiannual Reporting, AI and Fed Rates

Steven Mnuchin, founder of Liberty Strategic Capital and former US Treasury Secretary, says he supports the proposal released by the Securities and Exchange Commission that will allow US companies to choose to report earnings semiannually. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Mnuchin also comments on the economic impact of AI, the conflict in Iran, the federal budget deficit and Federal Reserve monetary policy.

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Bloomberg

Ackman Talks Succession Plan, Universal Music Bid and Mamdani

Pershing Square founder and CEO Bill Ackman says succession at the company is already in place. Speaking with Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills, California, Ackman also discusses his bid for Universal Music Group, the rise of prediction markets and offers his views on New York City Mayor Zohran Mamdani.

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Bloomberg

Hassett on Powell Staying at Fed, Inflation and Oil Spike

National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking on "Bloomberg Surveillance," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.

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