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Hoover Daily Report | September 9, 2026

Today, the GoodFellows assess the risks posed to California’s economy by a proposed new wealth tax. Steven Davis and Raghuram Rajan unpack recent US interventions in bond markets and Fed Chair Kevin Warsh’s latest speech, and Matthew Pottinger and Liza Tobin argue that, once again, China is swooping in to steal US innovations when its AI firms distill closed US models to fuel the development of their own.

Hoover Daily Report | September 9, 2026

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