Larry Summers Is Worried About Gary Cohn's Credibility

The transcript discusses concerns about Gary Cohn's credibility, particularly in relation to his statements on tax plans and economic policies. It emphasizes the importance of credibility for senior economic officials, as it affects public trust and the ability to provide reassurance during crises. The text highlights the risks of making expedient but inaccurate statements, which can undermine trust in public institutions and have long-term costs for economic policy.

What concerns are raised about Gary Cohn's credibility regarding the tax plan?

How does the speaker relate the importance of credibility to the role of senior economic officials?

What are the potential consequences of making misstatements in economic policy?

What is the speaker's view on the relationship between factual errors and public institutions?

In what ways does the speaker suggest that dishonesty can affect public trust?