David Malpass' Primary Defeat In NY

I was saddened to read of David Malpass' defeat in New York's GOP Senate primary.

Malpass is a very astute, credentialed, politically aware economist. Late of Bear Stearns, Malpass was a frequent guest on CNBC, where his frank and sensible comments were a delight to hear and watch.

Perhaps the silver lining of his defeat is a return to a business channel I watch. But New York and the Senate and, thus, the nation will be poorer for that.