Chag Kasher V’Sameach to those of us celebrating. 🫓🫓🫓

Am Yisroel chai! ✡️

I knew Max Levchin was a strong strategist, but making someone named Libor the president of your interest rate-dependent company is some next level stuff

Contrarian take that shouldn’t be: we want fed rates to be higher for longer. That the Fed sees no need to cut can only be true if the economy is adding jobs at a good clip and still growing even in constrained borrowing, aka the soft landing. Higher for longer!

It is politically popular to be pro-Israel again!

Count on me to be pro-Israel even when it becomes unpopular again, as it inevitably will.

A fair-weather friend is no friend at all.

We are not going anywhere 🇮🇱

Good night from Jerusalem.

Twelve hours ago, I was making a last-minute run to am/pm for bottles of water.

Now, I’m having brunch in a lovely Kikar Dizengoff.

What a country.

Praying for Israel and for peace 💙

I think reading annotated financial regs on CFPB's site, eg consumerfinance.gov/rules-policy/r… (including my fave 12 CFR Part 1026), is kinda visually similar to reading Talmud with commentary around the passages; iykyk :)

To make simpler: if rates are kept high because we have full employment, that’s a good thing.

Contrarian take that shouldn’t be: we want fed rates to be higher for longer. That the Fed sees no need to cut can only be true if the economy is adding jobs at a good clip and still growing even in constrained borrowing, aka the soft landing. Higher for longer!

Actually I should have asked upfront -- fintech twitter, you should care about this! Please comment (see the link below) but also please retweet me -- your followers and customers should care too. Let's help FinCEN see it the right way!