UBS On-Air: Paul Donovan Daily Audio 'Political checks and balances'

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Recorded22 Nov 2024

Publishersecure.ubs.com

Handlerec:4543261

Show notes

Former US Congressperson Gaetz withdrew from the nomination to be US attorney general. This is not a post with much direct importance to investors (beyond a general belief in the rule of law). However, it might be read as the Senate challenging someone regarded as an unorthodox choice. Investors often prefer orthodoxy, especially for roles at (for instance) the Federal Reserve.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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