I think we are finally seeing the limits of this gambling as described in this @vtg2.bsky.social piece from earlier. www.politico.com/news/magazin...
I think we are finally seeing the limits of this gambling as described in this @vtg2.bsky.social piece from earlier. www.politico.com/news/magazin...
President Trumpβs disruptive policies have left some dents, including serious damage to his approval rating, but by the biggest readings of its health, the U.S. economy largely keeps absorbing what he throws at it.
My latest column:
www.politico.com/news/magazin...
The process and legal fights over paying back import taxes will help shove tariffs back into votersβ minds, as well as provide them an excruciatingly detailed civics lesson in who literally pays the levies. (Hint: itβs not foreign governments.)
www.politico.com/newsletters/...
Thank you so much for saying that!
Hassett says Fed staff should be 'disciplined' for reporting the US pays tariff costs
Thanks, Jim!
Thanks, Julia. Itβs definitely people like you who are the draw to make me keep coming back here
Itβs also hard because I spent so many years building trust with my followers on Twitter. Here I feel like a stranger
It just makes me so sad! Journalists should be accessible. We represent our readers, and I donβt like blocking and muting on principle
This is an extremely honest answer, and nothing but respect to this person for telling it like it is.
Butβ¦. π
Yes, Iβve found Bluesky to have a much higher proportion of vicious responses (not just to me but in general) that also makes me hesitant to post here
Is it way too early to speculate about AOC's foreign/trade policy as president? Yes!
Is it fun to do it anyway? Absolutely!
Based on her remarks in Europe, I took a shot at it.
And even if you don't care what I had to say, you may still like the partial transcript I provided at the end.
Trump wants the Fed to cut rates. Kevin Warsh has bigger plans.
For more than a decade, Kevin Warsh has advocated reining in the Fedβs pivotal role in the nationβs financial markets.
Now, he may finally get the chance to do it. And Wall Street is obsessed with finding out what comes next.
w/ @samjsutton.bsky.social
www.politico.com/news/2026/02...
Bitcoin slides below $70,000 as silver drops 10%:
There is a palpable sense of forced deleveraging and margin calls rippling through the more speculative corners of the financial system.
#bitcoin #gold #markets
The odds seem stacked against Kevin Warsh, but the carefully crafted career path he has traveled up to this point suggests he is perhaps uniquely situated to pull off being Trumpβs Fed chair
A portrait of him, by me & the very talented @ianwardreports.bsky.social
www.politico.com/news/magazin...
Shorter Powell: the economy looks more boring and so we want to be boring too. Please, for the love of god, let us be boring.
Shutdown risk grows as Democrats revolt after Minneapolis shooting
Treasury Secretary Bessent is redefining the relationship between the administration and federal regulators, which have long enjoyed significant autonomy in supervising banks.
Up next: overhauling the post-2008 crisis rulebook
www.politico.com/news/2026/01...
NEW: The Supreme Court appeared skeptical about Trump's rush to remove Lisa Cook from the Fed Board, suggesting there might be limits to his power to fire her "for cause" without a review of the allegations against her
w/ @joshgerstein.bsky.social @vtg2.bsky.social
www.politico.com/news/2026/01...
President Trump is taking his feud with the Fed to the next level as his DOJ launches a criminal investigation into chairman Jerome Powell. @vtg2.bsky.social and Ankush Khardori weigh in on the latest developments.
Meet the man who is likely to be one of the most important forces within the central bank no matter who the next Fed chief is.
My latest column:
www.politico.com/news/magazin...
"A reading of the public record suggests the kind of things weβre talking about here is whether Powell lied when he said there were βno rooftop gardensβ when there will in fact be βvegetated roof spaces,β according to documents the Fed submitted to the National Capital Planning Commission."
Four takeaways from the administrationβs investigation of Jay Powell.
My latest column:
www.politico.com/news/magazin...
βHistory tells us that when the independence of the central bank is compromised, bad things happen. Itβs very worrisome.β
www.politico.com/news/2026/01...
JUST IN: Senate Finance Committee member Thom Tillis (R-SC) threatens to block Fed nominations over DOJ's Powell probe. DOJ says US Attorneys have been told to "prioritize investigating any abuse of taxpayer dollars." w/@vtg2 @meredithllee @samjsutton www.politico.com/news/2026/01...
Do you think a credit card cap would tank the bond market?
You are strangely confident as a human who presumably lived through 2025
Btw, whatever happens Jan. 20, the White House is being explicit about what President Trump is promising