Publications

Talking Points: Quotations from people in the news
- November 1, 2025: Vol. 12, Number 10

To read this full article you need to be subscribed to Real Assets Adviser

Talking Points: Quotations from people in the news

by

Sean Duffy, U.S. Secretary of Transportation, on the nation’s outdated air traffic control system: “It’s like we’re running Windows 95 or Windows XP. That’s the genre of software we use for air traffic control. We need a new software system.”

 

Charlie Scharf, CEO of Wells Fargo Bank: “The market has, certainly up until now, gotten wrong what the impact of tariffs would be, both on prices in general, but also the impact on markets. I think there was a view early on, around ‘liberation day,’ of the extreme impact that tariffs could have, and what you found is that the ultimate levels were more moderate than that.”

 

Michael Rubin, CEO of the sports gambling, merchandising and collectibles site Fanatics: “Outside of the U.S. they are wildly profitable, and I think in the U.S. they’re becoming wildly profitable right in front of our eyes. … In our five-year plan, we have g

For reprint and licensing requests for this article, Click Here.

Forgot your username or password?