Cleveland Federal Reserve President Loretta Mester *85 says that the Fed could reconsider projected interest-rate hikes if inflation does not rise. — CNBC
Montgomery County Democrat Sara Love ’89 was sworn in for her first term in the Maryland House of Delegates, joining the largest group of female delegates in the state’s history. — The Washington Post
Columnist Jennifer Rubin spotlighted Rep. John Sarbanes ’84, a Maryland Democrat, as the “distinguished pol of the week” for sponsoring the ethics, voting-rights, and campaign-finance bill known as the “For the People Act.” — The Washington Post
Princeton professor and Fields Medal winner Manjul Bhargava *01 says the best way to get students interested in math is to teach it in a way that is “recreational, fun, playful, creative, and adventurous.” — Bloomberg Quint
Joseph Lubin ’87, co-founder of the Ethereum blockchain, has endured dramatic shifts in the cryptocurrency’s value over the last two years. — Forbes India
“It’s not that nobody outperforms [the market], but it’s like looking for a needle in a haystack. And I say, even more than ever, buy the haystack instead.”
— Passive-investing pioneer Burton Malkiel *64, who famously wrote in his 1973 book A Random Walk Down Wall Street that “a blindfolded monkey throwing darts at a newspaper’s financial pages” could match the returns of market experts. Watch Malkiel’s recent interview on Bloomberg TV.
Gerald “J.P.” Gallagher ’93, CEO of NorthShore University Health System in Illinois, speaks about his adventurous hobbies in a recent interview. — Crain’s Chicago Business
The Shakespeare Theatre Company of Washington, D.C., has cast Matthew Rauch ’91 in the title role of its upcoming production of Richard the Third. — Broadway World
Tampa Bay Lightning head coach Jon Cooper says assistant coach Jeff Halpern ’98 has an eye for detail that has been invaluable to the team. — Tampa Bay Times
When Lili Anolik ’00 first discovered the writings of Eve Babitz, her interest “morphed almost immediately into obsession.” Nearly a decade later, Babitz is the subject of Anolik’s new book, Hollywood’s Eve. — Vanity Fair