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" "Criminal justice reform is not just about being fair to the individuals who will be most directly affected, but it’s also about doing what’s right for our nation’s well-being.
Robert Edward Rubin (born August 29, 1938) is an American retired banking executive, lawyer, and former government official. He served as the 70th United States Secretary of the Treasury during the Clinton administration from 1995 to 1999, after serving as the inaugural director of the White House National Economic Council from 1993 to 1995. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992. He is currently a senior counselor at Centerview Partners, an investment banking advisory firm. Rubin is the author of the New York Times bestseller In an Uncertain World: Tough Choices from Wall Street to Washington (2003) and The Yellow Pad: Making Better Decisions in an Uncertain World (2023). He was a founder of The Hamilton Project, an economic policy think tank that produces research and proposals on how to create a growing economy that benefits more Americans. He is also co-chairman emeritus of the Council on Foreign Relations, a trustee of Mount Sinai Health System, and chairman of the board of the Local Initiatives Support Corporation, a community development support organization.
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Nearly every element of Mr. Trump’s second-term agenda would create great risk of economic harm. In aggregate, there is a high likelihood that his agenda would lead to chaos and unpredictability, including global instability, in that way reducing investment and business activity. Meanwhile, inflation would be increased by tariffs, immigration restrictions and larger fiscal deficits. Some may feel that we made it through one Trump term and are thus likely to make it through another. But a more apt analogy is that after we survived one round of economic Russian roulette, Donald Trump is asking us to take another spin — only this time with many more bullets in the chamber. That would be a very dangerous game.