Twitter, Fed and Senate election OH

Key Takeaways:

  • Finance and business may intersect with Elon Musk’s effort to take over Twitter.  Will the corporate politics of the takeover collide with the debate over big tech and a bias against the political right.
  • Fed continues to send strong signals that the May meeting will increase rates by 50bps, debate appears over.
  • Battle for Senate control may hinge on Republicans holding seat in OH where popular Republican is retiring and President Trump is taking sides.

The business and political world collided when Elon Musk announced his intention to take over Twitter and make it a private company.  Big Tech has been the focus of a political tug-of-war as both Democrats and Republicans have fought over how best to regulate the growing influence the industry seems to have. For Republicans there has been a great deal of concern over the fact that some conservative politicians, led by former President Trump, have been taken off of platforms, and specifically Twitter which had become the communications source of choice by the former President.

In both my political and corporate careers I would sometimes work with business entities that were concerned about hostile takeovers and advise on how government action could be part of either a defense or acquisition strate...
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