Skip Navigation
Breaking News
Breaking News
from Washington and beyond

Environmental Groups Sue Biden Administration to Stop the Invasive Willow Oil Drilling Project

“It’s clear that we can’t count on Biden to keep his word on confronting climate change and halting drilling on public lands.”

Protesters demand President Biden stop the Willow Project by unfurling a banner outside the White House on December 2, 2022.
Paul Morigi/Getty Images for This is Zero Hour

The people are not letting the government off the hook for breaking promises. Numerous conservation, environmental, local, and Indigenous advocacy groups have filed lawsuits against the government to stop Willow, a massive oil drilling project in Alaska set to pillage up to 600 million barrels of crude oil over 30 years.

A lawsuit filed Wednesday, led by environmental law organization Earthjustice, accuses the Biden administration of failing to consider alternatives that could have reduced greenhouse gas emissions and environmental impacts. The gargantuan oil drilling operation is projected to emit the equivalent of roughly two million cars’ worth of carbon pollution every year.

Biden’s approval of the Willow project comes after he repeatedly promised “no more drilling.”

“Now we have to step up and fight for these priceless wild places and the people and animals that depend on them. It’s clear that we can’t count on Biden to keep his word on confronting climate change and halting drilling on public lands,” said Kristen Monsell, a senior attorney at the Center for Biological Diversity.

The lawsuit also charges the administration did not assess the full climate impact of the project, neglecting to consider additional pollution from future development once the project’s infrastructure is in place. Earthjustice cites ConocoPhillips’s description of the project to investors as the “next great Alaska hub,” and that as much as three billion barrels’ worth of oil may lie nearby for them to further plunder from inside the earth.

The lawsuit also charges the Bureau of Land Management, the United States Fish and Wildlife Service, and the National Marine Fisheries Service with failing to consider how the project directly violates their mandates of protecting surface resources and endangered species.

“Permitting Willow to go forward is green-lighting a carbon bomb. It would set back the climate fight and embolden an industry hell-bent on destroying the planet,” said Christy Goldfuss, chief policy impact officer for the Natural Resources Defense Council.

The Wednesday lawsuit follows one filed the day before by another six groups, led by Trustees for Alaska, which leveled similar charges against the government. The lawsuits note that the now-approved project violates similar laws that led a court to void previous approval for the project signed off on by Trump.

“ConocoPhillips has made record profits year after year and hopes to continue to do so at the cost of our communities and future generations,” said Siqiñiq Maupin, executive director of Sovereign Inupiat for a Living Arctic. “The true cost of Willow is a future where we lose our traditional practices and diet because of the pollution and destruction to land, water, and climate caused by the fossil fuel industry’s unending greed.”

Lindsey Graham Suggests Shooting Down Russian Fighter Jets After U.S. Drone Downed

“What would Ronald Reagan do right now?” the Republican senator asked on Fox News.

Senator Lindsey Graham
Kevin Dietsch/Getty Images

Senator Lindsey Graham thinks the best response to a Russian plane allegedly colliding with an American drone is to go on the offensive, despite the West trying for more than a year to avoid outright conflict with Moscow.

“We should hold [Russia] accountable and say that if you ever get near another U.S. asset flying in international waters, your airplane would be shot down,” Graham told Fox News host Sean Hannity Tuesday night.

Tensions rose Tuesday after a Russian jet was accused of clipping an unmanned U.S. drone over the Black Sea. Washington accused Moscow of being reckless and unprofessional. Russia has denied that its plane was involved and demanded the United States cease flights near its borders.

Graham has been unwavering about the need to oppose Russia and help Ukraine fend off Moscow’s invasion—often calling for greater escalation. Last year, Graham suggested that Russian President Vladimir Putin should be assassinated in order to end the conflict.

Earlier Tuesday, Graham insisted on Twitter that aiding Kyiv should be an American “priority” and compared Russian President Vladimir Putin’s attempt to seize Ukraine to Hitler’s rise to power.

The South Carolina lawmaker was also one of just three senators (and the only Republican in the group) who visited Ukraine in January, when the South Carolina lawmaker urged the U.S. to send tanks to Kyiv.

But throughout the entirety of Russia’s war in Ukraine, which has now gone on for more than a year, Western countries have been clear that they want to avoid direct conflict with Moscow. Part of the reason why the U.S. was so hesitant to send Kyiv tanks in the first place was because Russia has repeatedly warned that providing tanks to Ukraine would be seen as a major provocation.

Putin also warned in September he would use nuclear weapons in retaliation if “the territorial integrity of our country is threatened.”

Tennessee Is Willing to Give Up Nearly $1.3 Billion in Funding for This Anti-Trans Bill

The Republican legislature’s commitment to knocking down trans rights is astonishing.

Drone view of Tennessee state Capitol
Joe Sohm/Visions of America/Universal Images Group/Getty Images

Tennessee Republicans are continuing the assault on trans people’s rights, this time by arguing they shouldn’t be able to have their driver’s licenses reflect who they are.

On Monday, Tennessee state Senate Republicans passed a bill that would define “sex” in the state code as one’s gender assigned at birth.

Senate Bill 1440 bill defines evidence of a person’s biological sex as included, but not limited to, “a government-issued identification document that accurately reflects a person’s sex listed on the person’s original birth certificate.” Consequently, people would not be able to stray away from that original documentation; trans people would not be able to modify their driver’s licenses or other government-issued IDs to match their identity.

Beyond being another hateful iteration of the conservative assault on trans people’s rights, the bill could have the state of Tennessee losing buckets of money as the legislation would contradict federal guidelines. If it passes the bill, Tennessee could lose $1.2 billion worth of federal education funding, and another $750,000 of federal grants dedicated towards supporting women and children. Other state and local government entities could be impacted as well.

Even with that potentially astronomical loss of funding, the bill passed the Senate 27-6, exhibiting the relentless urge Republicans have to target trans people at any cost.

“This is their latest cruel attempt to stigmatize, marginalize, and erase the LGBTQ+ community, particularly transgender Tennesseans,” said Human Rights Campaign Legal Director Sarah Warbelow. “Let’s be clear: the goal of this bill is to exclude the LGBTQ+ community from nondiscrimination protections in the state of Tennessee and to perpetuate a false narrative of who transgender people are.”

Having a driver’s license or birth certificate match one’s identity would naturally be significant personally to transgender people—but it would also affirm their identity in a legal sense, and shield them from further discrimination and harassment.

Since 2015, Tennessee has enacted 14 anti-LGBTQ laws, according to the Human Rights Coalition—including a bill signed this month by Governor Bill Lee that prevents transgender youth from accessing affirming medical care.

The proposed Tennessee legislation is part of a broader assault that has led to over 100 anti-trans health care bills being introduced throughout the country.

Senate Republicans Rebuke DeSantis for Saying Ukraine Is Not a Vital U.S. Interest

“I don’t know what he’s trying to do. Obviously, he doesn’t deal with foreign policy every day as governor.”

Senator Lindsey Graham speaks in the foreground while pointing a finger. Senator John Cornyn is seated beside him in the background.
Win McNamee/Getty Images
Senators Lindsey Graham and John Cornyn

Senate Republicans rebuked Florida Governor Ron DeSantis Tuesday for saying that continuing to aid Ukraine to fight off the Russian invasion was not in the United States’ “vital national interests.”

The Republican Party has grown more divided in recent months over how long the U.S. should continue to send aid to Kyiv—and how much it should send. DeSantis, who is rumored to be considering a presidential run in 2024, made clear on which side of the debate he stands.

“While the U.S. has many vital national interests…becoming further entangled in a territorial dispute between Ukraine and Russia is not one of them,” DeSantis said in response to a questionnaire from Fox News host Tucker Carlson Monday night.

Several prominent members of the Senate GOP were quick to condemn DeSantis’s remarks. Fellow Floridian Marco Rubio, who sits on the Senate Foreign Relations Committee, argued that the U.S. does “have an interest” in assisting Ukraine because it provides another opportunity to be tougher on China.

“Well, it’s not a territorial dispute in the sense that any more than it would be a territorial dispute if the United States decided that it wanted to invade Canada or take over the Bahamas,” Rubio told conservative radio host Hugh Hewitt on Tuesday. “Just because someone claims something doesn’t mean it belongs to them.”

“I don’t know what he’s trying to do,” Rubio added. “Obviously, he doesn’t deal with foreign policy every day as governor.”

Rubio has been outspoken about continuing aid for Ukraine, but he appeared to flag in December, saying constituents were likely wondering why the U.S. was “spending all this money on someone else’s war.” He also said it would be tough to continue getting all the votes necessary for the huge tranches of aid funds, implying that there could be a time limit on how much longer U.S. aid would continue.

Texas Senator John Cornyn said he was “disturbed” by DeSantis’s stance. “I hope he feels like he doesn’t need to take that Tucker Carlson line to be competitive in the primary,” Cornyn told reporters. “It’s important for us to continue to support Ukrainians for our own security.”

South Carolina Senator Lindsey Graham didn’t mention DeSantis by name, but he was adamant on Twitter that “those who believe that Russia’s unprovoked and barbaric invasion of Ukraine is not a priority for the United States… are missing a lot.”

Both Cornyn and Graham have been unwavering in their support for continuing Ukraine aid. Graham was one of three senators (and the only Republican in the group) who visited Ukraine in January, during which the South Carolina lawmaker urged the U.S. to send tanks to Kyiv.

Graham and Cornyn also both compared stopping Ukrainian aid to countries that failed to intervene during Hitler’s rise to power.

Senate Minority Leader Mitch McConnell also supports continued aid for Ukraine, one of the few things on which he and his Democratic counterpart Chuck Schumer agree.

Presidential candidate Nikki Haley slammed DeSantis and said he was “copying” Donald Trump. Haley, who served as Trump’s ambassador to the United Nations, noted that she had told Carlson aiding Ukraine was in U.S. interests.

But some Republicans, mostly in the House of Representatives, are beginning to lose patience with how much aid the U.S. is sending to Kyiv. Representative Matt Gaetz introduced the “Ukraine Fatigue Resolution” in February, which called to end all U.S. military and financial aid to Ukraine. The bill has 10 co-sponsors but is unlikely to pass, even though Speaker Kevin McCarthy has also called to cut back on aid.

What Is Andrew Cuomo Thinking With the Launch of a “Progressives for Israel” Group?

This is a bizarre move by the disgraced former New York governor.

Lev Radin/Pacific Press/LightRocket/Getty Images

While some half a million Israelis protest the country’s authoritarian escalation, and while Israel has killed Palestinians at a rate of nearly one every day so far in 2023, disgraced former New York Governor Andrew Cuomo has announced he is launching an organization called “Progressives for Israel.”

“You can’t denounce antisemitism, but waver on Israel’s right to exist and defend itself,” said Cuomo in his announcement Monday, linking criticism of Israel to antisemitism. Some view such an equation as antisemitic, as it treats Jews as monolithic in their stances on Israel as a state.

“I’m starting an organization called Progressives for Israel. And I’m going to call the question for Democrats,” Cuomo continued. “Do you stand with Israel, or do you stand against Israel? Because silence is not an option.”

Cuomo’s challenge coincides with waves of protesters both inside and outside of Israel speaking out against Prime Minister Benjamin Netanyahu’s efforts to weaken the judiciary’s ability to check the power of other government branches—giving Netanyahu’s far-right coalition greater ability to oppress Palestinians, and help the prime minister weasel out of his own corruption trials.

Cuomo’s puzzling move comes as he reportedly considers taking on Senator Kirsten Gillibrand in the 2024 New York Senate primary—which is all the more puzzling given his recent track record.

Cuomo resigned from the governor’s office in 2021 while embroiled in scandal. At least 11 women accused the governor of sexually harassing them during his time in office. Cuomo and his aides also willfully undercounted and concealed nursing home Covid-19 death numbers. He attempted to shield political donors who were hospital and nursing home executives from lawsuits related to Covid. And he allegedly granted special Covid test access during the early phases of the pandemic to family members and other well-connected figures.

Cuomo wrote a memoir amid it all entitled American Crisis: Leadership Lessons From the Covid-19 Pandemic. Cuomo was then accused of using his and his employees’ taxpayer-funded time to work on the book that secured him a $5.1 million deal.

When all was said and done, even President Biden called on Cuomo to resign after the reports of the 11 accusers came out. Cuomo’s brother and CNN anchor Chris was fired months later, amid an inquiry into his own sexual harassment accusations, and whether he used his television platform to help his governor brother stave off his own accusations.

Even after all the damage Governor Cuomo left in his wake, he announced his new organization. It’s not clear what exactly is progressive about tying concern for the welfare and safety of Jewish people to unequivocal support for a state that acts as an occupying force, and which even many of its own citizens deem out of control. What is clear is how cynical the move is, if it is indeed a warm-up to an attempt at a political comeback.

“God isn’t finished with me yet,” Cuomo proclaimed last year in his first public appearance after resigning in 2021. “I have many options in life and I’m open to all of them,” he said during a speech in which he railed against “cancel culture” and the media for apparently being the reason he and his brother faced consequences for their own actions. “Let’s make some trouble.”

It seems like the trouble has begun.

Ohio Sues Norfolk Southern for Environmental and Economic Damage After Toxic Train Derailment

Ohio Attorney General David Yost announced the lawsuit against the massive rail company.

Ohio EPA and EPA contractors collect soil and air samples from the derailment site on March 9 in East Palestine, Ohio.
Ohio EPA and EPA contractors collect soil and air samples from the derailment site on March 9 in East Palestine, Ohio.
Michael Swensen/Getty Images

The state of Ohio is suing rail giant Norfolk Southern after the company’s disastrous train derailment in East Palestine, Ohio, last month.

“The derailment was entirely avoidable and the direct result of Norfolk Southern’s practice of putting its own profits above the health, safety and welfare of the communities in which Norfolk Southern operates,” the lawsuit reads.

The lawsuit, which was announced Tuesday, cites Norfolk Southern’s escalating accident rate, which has risen 80 percent in the past 10 years. At least 20 Norfolk Southern derailments since 2015 have involved chemical discharges. The entire industry is responsible for over 1,000 derailments every year.

The lawsuit strikes Norfolk Southern on 58 violations of federal and state laws. Ohio is seeking the recovery of the costs of natural resource and property damages, economic harm to the state and residents, and present and future state expenses made in response to environmental and public health concerns. The state also seeks a baseline “declaratory judgment holding Norfolk Southern responsible.”

The suit names an array of particular laws violated, including the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA, otherwise known as Superfund), enables federal support to clean up hazardous disasters like the derailment while pursuing liability charges against the actual actors responsible. The suit acts as a vessel for Ohio to secure guarantees that Norfolk Southern will be held liable to the costs incurred by the state while mitigating the disaster.

Last week, Norfolk Southern CEO Alan Shaw pledged to a Senate panel that the company is committed to doing “what’s best” for the community.

Meanwhile, people in and outside of East Palestine have reported an array of symptoms ranging from sore throats and staying migraines to bloody stools and skin rashes. Animals and family pets have died. And Norfolk Southern workers compelled to work to clean up the site without adequate PPE have reported ongoing symptoms.

“Ohio shouldn’t have to bear the tremendous financial burden of Norfolk Southern’s glaring negligence,” state Attorney General Dave Yost said Tuesday. “The fallout from this highly preventable incident may continue for years to come, and there’s still so much we don’t know about the long-term effects on our air, water and soil.”

This post has been updated.

Ron DeSantis Is Now Attacking the Hyatt Regency Because It Hosted a Drag Show

The Florida governor has been waging a war on drag and on LGBTQ people in his state.

Ron DeSantis
Scott Olson/Getty Images

Florida Governor Ron DeSantis moved Tuesday to strip the Hyatt Regency of its liquor license for allegedly allowing minors to attend a Christmastime drag show.

DeSantis, who has been cracking down on LGBTQ rights, filed an administrative complaint through the state Department of Business and Professional Regulation accusing the hotel in Miami of allowing people under age 18 to attend a “sexually explicit” drag performance.

The complaint did not provide any evidence that minors had been in attendance other than one blurry photograph of a person’s face.

DeSantis had previously warned any venues that hosted the touring show A Drag Queen Christmas that his administration would seek legal action against them. He has also mentioned the possibility of having child protective services investigate parents who take their children to drag shows. A Drag Queen Christmas required individuals under the age of 18 to be accompanied by an adult in order to attend.

In February, DeSantis threatened to strip the Orlando Philharmonic Plaza Foundation of its liquor license for allegedly allowing children to attend its production of A Drag Queen Christmas.

DeSantis has gone to all-out war with anything he deems “woke,” and with LGBTQ rights in particular. He enacted the state’s infamous “Don’t Say Gay” law, banned transgender women from playing women’s sports, and vowed to defund diversity, equity, and inclusion programs on college campuses.

He is also part of a larger trend of Republicans demonizing drag queens and trans people. Tennessee recently became the first state to ban drag performances in public, while more than 20 similar bills move through state legislatures across the country.

Republicans accuse drag performers and trans people of being pedophiles as a way to fearmonger about the LGBTQ community. Many on the right say that attacking the LGBTQ community is a means to protect children, but their actions actually expose people—including children—to violence.

Ron DeSantis Wants to Make It a Felony to Have an Undocumented Person in Your Home or Car

A new Florida bill criminalizes not just undocumented Floridians but anyone who associates with them.

Ron DeSantis
Scott Olson/Getty Images

Around 772,000 Florida workers, students, and community members are undocumented. And Governor Ron DeSantis wants to make it a felony for anyone to have them in their home or even give them a ride.

Senate Bill 1718, part of Desantis’s broad repressive legislative agenda this year, targets not just undocumented people but also anyone associated with them. The bill, which is likely to pass the Republican-controlled state legislature, criminalizes anyone who transports an undocumented person “into or within this state.” In other words, anyone—co-worker, friend, neighbor, classmate—giving a simple ride to someone they know or care about who is undocumented would be guilty of a third-degree felony.

The bill also criminalizes anyone who “conceals, harbors, or shields” (or “attempts” to do so) an undocumented person in “any place within this state.” Nearly 4 percent of Floridians are undocumented. The bill text, reading like an edict issued in Margaret Peterson Haddix’s Shadow Children series, foments fear about these hundreds of thousands of people. It isn’t hard to imagine law enforcement agencies conflating a house party or simple afternoon cup of tea with a secret migrant-harboring operation.

Under the framework, any person with a prior conviction who commits the “crime” of hosting an undocumented person would be liable to an even higher second-degree felony.

The bill imposes thousands of dollars of fines on private employers who give work to undocumented people; employers are not allowed to continue employing someone if they find out they are undocumented. And any undocumented person who works without appropriate identification papers would be liable to a third-degree felony. The bill also prohibits undocumented people from being admitted to the Florida bar, overturning standing law that currently allows it.

If the bill is passed into law, Florida would also refuse to recognize any out-of-state licenses issued to undocumented people. Authorities would be directed to take DNA samples from undocumented people who are booked into jails or detention facilities per orders from the Immigration and Customs Enforcement.

Finally, the bill orders Medicaid-accepting hospitals to ask patients to indicate their citizenship status. Ostensibly meant as a cost-tracker for undocumented patient care, the bill reads that the question must be accompanied with an assurance that the patient’s response will not affect care or result in a report to immigration authorities. However, given the extremity of the rest of the bill, even with regard to criminalizing people who host undocumented people in “any place,” the assurance does not welcome complete trust.

“Governor Ron DeSantis and his Republican colleagues continue to show that they are more focused on attacking and vilifying immigrants and Latinos to advance their political agenda than solving the real problems hurting Floridians,” said Congressional Hispanic Caucus Chair Nanette Barragán and Vice Chair of Policy Darren Soto, who represents Florida’s 9th district, in a statement.

Republicans hold supermajorities in both the Senate and House, and, of course, the governorship; the repressive bill that further criminalizes undocumented people—and the co-workers and classmates, neighbors, and friends with whom they’ve developed relationships—is set to pass.

“This should be the model for all 50 states going forward,” boasted state Senator Blaise Ingoglia, the sponsor of the draconian bill.

After Largest Bank Failure Since 2008, Nancy Mace Says Now Is Not the Time for Politics

The South Carolina representative seems to want to “thoughts-and-prayers” bank regulation.

Nancy Mace
Anna Moneymaker/Getty Images
Representative Nancy Mace

As federal and state regulators rush to contain the fallout from the collapse of Silicon Valley Bank and Signature Bank, Representative Nancy Mace wants to make sure that we don’t politicize the situation.

The South Carolina Republican called out Elizabeth Warren on Monday night for discussing the inherently political issue of bank regulation. Warren, a.k.a. the person who would know best, slammed Congress and the Federal Reserve in a New York Times op-ed for failing to step in and prevent the banks’ failures.

Idk, probably shouldn’t politicize such a serious issue. Also your statements are irresponsible, false and poorly timed,” Mace tweeted.

Republicans have already been fast to blame literally anything but deregulation of the financial industry for the SVB and Signature breakdowns, particularly (mind-blowingly) diversity. But Mace is the first to say that rather than place blame anywhere at all, we should just thoughts-and-prayers away the problem.

Naturally, the internet had some thoughts.

Mace has developed a reputation for pandering to the left while voting staunchly with the right. She condemned Donald Trump’s role in January 6 but didn’t vote to impeach him. She says her party is becoming too anti-choice but continues to vote for anti-abortion measures.

But it’s not entirely clear what she hopes to achieve with her tweet. It’s not as if there’s a “little guy” to stick up for here. If anything, Mace is the one making “irresponsible, false and poorly timed” quips.

The New Inflation Report Has Some Signs of Hope

Here’s what you need to know about the Bureau of Labor Statistics’ new consumer price index report.

Shoppers are seen in a supermarket.
ELIJAH NOUVELAGE/AFP/Getty Images

Inflation is slowly but steadily going down, the consumer price index showed, according to a report released Tuesday by the Bureau of Labor Statistics.

The CPI measures the monthly change in prices that U.S. consumers pay for certain goods. It’s a key government indicator of inflation.

Here are three things to know about the inflation report and what it might mean going forward.

1. It has some of the lowest increases in more than a year.

Prices rose 6 percent in February compared to a year earlier. This is a decent slowdown from January, which saw prices go up 6.4 percent compared to the year before. This is the eighth consecutive month that the inflation rate has dropped and the smallest yearlong increase since September 2021.

Obviously, 6 percent is still high, especially considering the Federal Reserve’s target of 2 percent inflation. But the pace of inflation is slowing, decreasing to a 0.4 percent increase in February compared to 0.5 percent in January.

Removing the price increases for food and energy, which are always volatile even before the Covid-19 pandemic and the war in Ukraine tied up supply chains, prices rose 5.5 percent compared to last February. This is the smallest yearlong increase since December 2021.

Mark Zandi, the chief economist at economic research group Moody’s Analytics, said inflation was “headed in the right direction.”

Inflation is painfully high, but steadily receding. It is on track to be closer to 3% by year’s end, and the Fed’s inflation target by next summer,” he said on Twitter.

2. But inflation in key areas remains high.

Energy prices have been steadily decreasing over the past few months, which has contributed to the slowing inflation. Prices for fuel, gas, and electricity fell 0.6 percent from January.

But prices for food and shelter increased. Shelter, in particular, was the biggest contributor to prices hikes in February, with housing costs going up 0.8 percent. Part of that is due to the Fed’s aggressive campaign of raising interest rates, which has driven up mortgages even as home prices go down. People who own property are having to pay more, while people who can’t afford to buy are having to stay in the rental market. While rent costs have started to ease up, they’re still high due to high demand.

Costs for groceries went up 0.4 percent in February, and the price of eating out went up 0.3 percent.

3. What does this mean looking forward?

The Fed begins its policy-setting meeting Tuesday and was widely expected to hike interest rates by 0.25 percent for the second time.

The new CPI report is unlikely to affect that decision, but the Fed could be influenced by the recent closures of Silicon Valley Bank and Signature Bank. Regulators in California and New York, respectively, swooped in to shut down both banks after panicked customers began to withdraw their funds en masse.

Goldman Sachs chief economist Jan Hatzius predicted Sunday that the SVB and Signature failures would prompt the Fed to hold off on raising interest rates for now.

But Ian Shepherdson, chief economist at the consulting firm Pantheon Macroeconomics, thinks the Fed will stay the course.

“Assuming markets stay calm and no more banks fail, we think the Fed will hike” by 0.25 percent, he wrote in an analysis Tuesday.

“To be clear, we think further hikes are now unnecessary; the lagged effect of the increases over the past year are enough to push inflation back to target, but Fed officials have been unwilling so far to accept this argument.”

The U.S. central bank is scrambling to achieve a so-called soft landing, or a decrease in inflation without tipping the economy into a recession. The labor market has remained strong overall, causing concerns that the economy has not slowed sufficiently to avoid a downturn.

Dean Baker, senior economist at the Center for Economic Policy and Research, put the likelihood of a 0.25 percent hike at “50-50.”

“I think we have a very good shot [at a soft landing] as long as the Fed doesn’t get carried away,” he told The New Republic.

This post has been updated.