How Last Week’s Market Swings Helped Out the Fed: DealBook Briefing<br />Among the assets that could be sold to private financiers if the White House got its $1.5 trillion infrastructure investment program:<br />• Ronald Reagan Washington National Airport and Dulles International Airport<br />• The George Washington and Baltimore Washington parkways<br />• The Washington Aqueduct<br />The thinking behind the plan<br />The administration believes private investors can do a better job of running highways, airports<br />and railroads than the government, and states and local governments can do a better job of allocating money.<br />• For several weeks last year, a white board in one executive’s office had “pussy” written on it.<br />But if interest rates in the bond market spike higher than investors expect, or the<br />Fed is happy with, Mr. Powell would face his first big challenge as Fed chairman.<br />Mondelez said Reynolds American chief executive, Debra Crew,<br />and Trian Fund president, Peter May, will be named to the board the same day as Mr. Peltz steps down.<br />Mr. Tan essentially signaled that Broadcom would seek fewer board seats in an interview on CNBC on Monday.
