Gavin Newsom: “Politicians should not be making monetary policy.”

“And so part of it is that these interest rates, I think would be a great thing, not just for the debt of our country, frankly, but also for homeownership. I could agree more in that respect. And look, no, I just don't think Politicians should not be making monetary policy. at our peril and the professionals should. But all of us are very eager to see that happen. I think the market's obviously starting to, you know, they baked that cake already in anticipation.” (42:13–42:21)

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