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source:The New York Times
content:[DealBook](/section/business/dealbook)|Newsom, Kirk, Bessent, A.I. and Other DealBook Summit Highlights
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Gavin Newsom, the governor of California, voiced his criticism of President Trump — and the business world’s deepening ties to his administration.Credit...Dave Sanders for The New York Times
### In today's newsletter:
* [The big takeaways from the DealBook Summit](#link-2fd7a54e)
* [Seen and heard at the DealBook Summit](#link-58bde8f3)
* [Harvey’s big new fund-raising round](#link-5a5a9ba4)
**Andrew here.** Wednesday’s [DealBook Summit](https://www.nytimes.com/live/2025/12/03/business/dealbook-summit-news) created a whirlwind of headlines. My head is still spinning. There were so many fascinating discussions with leaders of great consequence. We’ve got highlights below.
And over the next two weeks, we’ll send a special series of newsletters taking you inside the big day and go in-depth into the insights and trends that we learned from each interview.
The big takeaways from the DealBook Summit
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President Trump’s economic policies and the artificial intelligence boom have dominated the news agenda this year. The two subjects came up repeatedly on Wednesday at the DealBook Summit in New York.
At last year’s event, the tension ran high before Trump’s return to the White House. On Wendesday, several speakers gave the president [mixed marks](https://www.nytimes.com/2025/12/03/business/dealbook-summit-kirk-netanyahu-mrbeast.html) on his economic agenda.
But many questions remain. How will Trump’s tariff policies reshape global trade? Will A.I. radically transform how businesses operate and hire? Does crypto have a permanent place on Wall Street?
Here are some big themes from this year’s event.
### The debate over tariffs, inflation and the economy continues.
**Scott Bessent**, the Treasury secretary, said he was “[very optimistic about the economy](https://www.nytimes.com/live/2025/12/03/business/dealbook-summit-news?smid=url-share#executives-say-they-are-optimistic-about-the-economy-despite-high-costs)” despite stubbornly high prices and signs of strain in the labor market. On tariffs, he admitted, there could be a downside. “You could get a one-time price adjustment,” he said.
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title:Newsom, Kirk, Bessent, A.I. and Other DealBook Summit Highlights