What Treasury Secretary Scott Bessent said at the Milken event (and how his critics responded)
- In today’s CEO Daily: Diane Brady at the Milken Institute Global Conference in Los Angeles.
- The big story: Trump’s movie tax may have the opposite effect of the one intended.
- The markets: Western markets are down, Asian markets are up.
- Analyst notes from EY on Fed independence, JPMorgan Chase on global GDP, JPMorgan Chase on earnings, and Pantheon Macroeconomics on employment.
- Plus: All the news and watercooler chat from Fortune.
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