Justice Department Subpoenas the Fed, Threatens Powell with Criminal Indictment. Powell Comes out Swinging. Stock Futures Tank
Yves here. Trump’s latest power play may prove to be another backfire. Astonishingly, the Trump Administration is pursuing criminal charges against Fed chair Jerome Powell
Schumer, Jeffries Refuse to Join Democrats’ Growing Calls to Slash ICE Spending
Conor here: I’m not sure why anyone would expect anything else. The Democrats are just as responsible for the masked agents terrorizing American streets as
Thrift Store. Clinic. Roller Rink. New Orleans Center Becomes ‘Radical’ Lifeline Amid Homelessness, Drug Crises.
Yves here. This article takes a celebratory tone about a community collective that serves the destitute and desperate. While members of the New Orleans acting
The Next Frontier of Climate Accountability: Making Big Food Pay Its Ecological Bill
Yves here. As Trump’s shredding of the international order and domestic law dominates headlines, our climate and environmental crises keep relentlessly rolling forward. The article
Satyajit Das: Much Ado About Nothing – Why President Trump’s ‘Big Deals” Are No Big Deals
Yves here. Trump’s puffery about Venezeula’s acting president Delcy Rogriguez taking order from the US and Trump taking personal control of its oil is just
Two Decades of Chinese Industrial Subsidies
Yves here. This post gives a useful overview of the profile of subsidies provided by China’s government, not just national but also local. Despite the
Fed’s Standing Repo Facility (SRF) Drops to Zero, from $75 Billion on the Last Balance Sheet as Yearend Liquidity Turmoil Dissolves
Yves here. I am of two minds in even now calling attention to the before-year-end action in the Fed’s repo facility. We’ve had repeated instances,
West Coast Levee Failures Show Growing Risks From America’s Aging Flood Defenses
Conor here: “Just move.” We got bigger fish to fry in Venezuela, Columbia, Cuba, Nigeria, Somalia, Ukraine, Iran, Greenland, Taiwan, Libya, Syria, etc. By Farshid
Trump DHS Post Calling for ‘100 Million Deportations’ Suggests Intent to Kick Out Nonwhite Citizens
Conor here: It’s getting increasingly difficult to separate the trolling from the policy. This appears intended to strike fear into communities of color which are
SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale
Yves here. Readers have taken issue with the fine technical points on some previous Michael Kern posts, so corrections and refinements are encouraged. Having said