New Iron Curtain
Former U.S. Treasury secretary Hank Paulson has warned of an “economic Iron Curtain” as a result of the breakdown in Sino-American trade relations. The immediate tariff war may be over soon, he said hopefully, but unless deeper tensions are resolved, “we are in for a long winter in U.S.-China relations.” South China Morning Post
Trump Probe
New York’s new attorney general, Letitia James, has vowed to “shine a light into every dark corner of [President Trump’s] real estate dealings, and every dealing.” James, a Democrat, replaced Barbara Underwood, who filled the position after the downfall of Eric Schneiderman over allegations of abuse against women. Bloomberg
Draper on Musk
Investor Tim Draper reckons Elon Musk should have taken Tesla private—a move he says would have saved the CEO from having to comply with all those pesky rules that come with running a publicly traded company. Draper: “We have to sort of say, hey look, he’s a human being, he’s doing the best he can.” CNBC
Marijuana Votes
Marijuana measures were also subject to votes yesterday. Michiganders decided to legalize recreational cultivation and use, and Utah and Missouri OK’d medicinal use. North Dakota, however, rejected weed legalization. Forbes
This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.
Credit: Fortune
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