Cooper, Alexandra (1994- )

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    Musk, Trump, A.I. and Other DealBook Summit Highlights

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    The economy, inflation, tariffs, the future of media, pardon politics and other big topics that made headlines this year.Jeff Bezos was cautiously optimistic that President-elect Donald Trump would be more measured in his second term.Michael M. Santiago/Getty ImagesFour takeaways from the DealBook Summit The U.S. election dominated the news agenda this year, and the two people at the center of Donald Trump’s win came up in nearly every conversation yesterday at the DealBook Summit. The president-elect and Elon Musk may not have been in the room, but questions about how they will shape business and politics were front and center.The general view of the day was cautious optimism, even among those who had publicly criticized Trump and Musk — or been targeted by them.But many questions remain. What will Trump and Musk mean for government, business and the economy? Will they succeed in cutting regulation and government spending? And will they go after their perceived enemies and rivals?Here are four big themes from this year’s event.What will happen with the economy?Most of the speakers were willing to give Trump the benefit of the doubt, or at least played down worries about his most disruptive policy ideas.Jay Powell, the Fed chair, addressed one of the biggest questions hanging over the next administration: Will the president-elect go after the central bank’s independence? No, Powell said emphatically. The Fed, he said, was created by Congress and its autonomy is “the law of the land.”“There is very, very broad support for that set of ideas in Congress in both political parties, on both sides of the Hill, and that’s what really matters,” he said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      The Biggest Takeaways From the DealBook Summit With Jeff Bezos, Sam Altman and More

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      Serena Williams, Jerome H. Powell, Jeff Bezos and other leaders across business and technology discussed artificial intelligence, inflation, the media and what the world would look like under a second Donald J. Trump presidency.Mr. Bezos, for one, thinks the president-elect has “a good chance of succeeding.”Elon Musk wasn’t in the room, but he was present throughout at the DealBook Summit. The speakers were largely optimistic about his efforts in the new administration.The event, hosted by Andrew Ross Sorkin, founder of DealBook, has taken place since 2011.Here are five main themes:Inflation is still an issue, but there’s a chance for growth.Jerome H. Powell, the chair of the Federal Reserve, said the economy was in a “very good place.” Inflation has come down, and the labor market has rebounded. The big takeaway for investors: The central bank can afford to be more cautious when it considers lowering interest rates, Mr. Powell said. (The next Fed meeting will be Dec. 17-18.)Ken Griffin, the billionaire founder of the hedge fund Citadel and a top donor to the Republican Party, placed the blame for inflation squarely on the Biden administration, which, he argued, “put this country on an inflationary path that was unprecedented in our lifetime.” Mr. Powell has “had to deal with cleaning up the mess,” he added.Former President Bill Clinton said inflation was the “fundamental problem” that helped Mr. Trump return to the White House.“The average person had not really lived through something like this for 40 years, since the ’70s,” Mr. Clinton said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Harris Hits Back at Republican Criticism of Childless Women

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      For the first time, Vice President Kamala Harris dismissed criticism from some Republicans that she does not have biological children, saying in a podcast interview on Sunday that much of the commentary was “meanspirited” and misunderstood women who either can’t have children or simply did not want to.In an appearance on the podcast “Call Her Daddy,” which is popular with Gen Z and millennial women, Ms. Harris discussed reproductive rights and economic issues. She addressed comments from Sarah Huckabee Sanders, the governor of Arkansas, who recently suggested that having biological children helped with her humility — a virtue she implied Ms. Harris lacked.“I don’t think she understands that there are a whole lot of women out here who, one, are not aspiring to be humble,” Ms. Harris told the host, Alex Cooper. “Two, a whole lot of women out here who have a lot of love in their life, family in their life and children in their life. And I think it’s really important for women to lift each other up.”When the conversation turned to attacks by Republicans against “childless cat ladies,” Ms. Harris called the criticism, popularized by past comments by Senator JD Vance of Ohio, former President Donald J. Trump’s running mate, “mean and meanspirited.” Ms. Harris referred to her stepchildren, Cole and Ella Emhoff, as her children.“I love those kids to death,” Ms. Harris said. “And family comes in many forms. I think that increasingly, you know, all of us understand that this is not the 1950s anymore.”The “Call Her Daddy” interview was part of several appearances that Ms. Harris will make this week with news outlets and niche podcasts or radio shows. Several of the platforms are considered to be friendly to her, or at least far less probing than a traditional news interview would be.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More