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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Broadsheet

The Broadsheet: April 26th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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April 26, 2016, 7:33 AM ET
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Good morning, Broadsheet readers! Carly Fiorina gets vetted for veep, Mellody Hobson remembers the greatest wedding singer of all time, and Donald Trump’s misogyny is contagious. Have a productive Tuesday.

EVERYONE'S TALKING

• Mean merch. Donald Trump supporters are selling t-shirts that feature a picture of Hillary Clinton with the tagline, "Trump That Bitch." While the shirts are not official Trump merch, I see a clear connection between Trump's repeated attacks on women and the aggressive misogyny of his followers. You have to wonder: How much disdain for his fellow Americans does a candidate have to kindle before people stop supporting him? Fortune

ALSO IN THE HEADLINES

• The mightiest Ant. Ant Financial, the fintech company affiliated with Chinese tech giant Alibaba, has closed a $4.5 billion funding round—the biggest ever for a private Internet business. Alibaba's chief people officer Lucy Peng serves as Ant's CEO. Fortune

• Being Barra. Ever wonder what GM CEO and Fortune's Most Powerful Woman Mary Barra does all day? This story follows her from the floor of her car company's Technical Campus to an evening of Detroit Red Wings hockey. WSJ

• Carly for Veep? Ted Cruz’s campaign is vetting former Hewlett-Packard CEO—and one-time GOP presidential candidate—Carly Fiorina as a potential running mate. Weekly Standard

• Plum deal. Plum Alley Investments, led by Deborah Jackson and Andrea Turner Moffitt, has a new strategy for connecting female investors with women-led companies. Fortune

• On fungi and feminism. Lena Dunham shared a revelation she had about feminism while high on psychedelic mushrooms: "I felt the connection not just to every woman who had come before me, but to every woman who would come after me," she said while accepting a Matrix Award for women in communication yesterday. Fortune

• Unapologetically Prince. Ariel Investments president Mellody Hobson, another Matrix honoree, dedicated her acceptance speech to Prince. "In being comfortable with who he was, he gave so many other people permission to be comfortable with themselves," she said of the recently deceased pop icon, who performed at her wedding to Star Wars creator George Lucas. Fortune

MOVERS AND SHAKERS: CeCe Cheng has joined Andela, a software training platform for people in Africa that connects them remotely with global companies, as director of strategic partnerships. Maggie Arvedlund, a former Fortress Investment Group hedge fund portfolio manager and managing director, reportedly plans to start her own firm.

IN CASE YOU MISSED IT

• Cover girl. Amy Schumer graces the latest Vanity Fair cover. In the accompanying feature, the comedian talks about her tight relationship with her sister, attempts to maintain her edge now that she's officially famous, and her gun control work with cousin Sen. Chuck Schumer.  Vanity Fair

• Dress debacle. Bridal designer Christine Kendal is suing fashion label Alexander McQueen, alleging that there are striking similarities between the sketches she submitted for Kate Middleton's wedding dress and the finished product by designer Sarah Burton. The Telegraph

• The fantastic four. AdWeek's annual women's issue features a wide-ranging roundtable discussion with four heavy hitters: A+E Networks president and CEO Nancy Dubuc, Allure editor Michelle Lee, DDB Worldwide America CEO Wendy Clark, and GE Digital global director of marketing innovation, Katrina Craigwell.  AdWeek

• Giving thanks. Cyan Banister, a well-known angel investor and new partner at VC firm Founders Fund, has launched a new company called ThankRoll. The startup offers a widget that artists and others can put on their sites, allowing fans to enter their credit card info to make a donation. TechCrunch

• Game over. Fox Sports personality Erin Andrews reached a settlement with the owner of the Nashville Marriott where a nude video of her was secretly recorded.  Fortune

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ON MY RADAR

Most of the recession's stay-at-home dads are going back to work  WSJ

Docker CEO: 'We do not tolerate harassment'  Fortune

'Queen of disco' invoked to rally Hillary Clinton supporters  New York Times

Women dominate new banknotes in Scotland  Mashable

QUOTE

Perception is reality...How we perceive ourselves internally is directly correlated to how people receive us.

Ericka Pittman, VP of Sean 'Diddy' Combs' Combs Enterprises
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