"five news media requesters pertaining to Board members' communications and meetings with members of the executive branch as well as various memoranda concerning a Federal Reserve System publication." Look @danielhawley.bsky.social, we made it into the FRB FOIA report!

2025

The Federal Reserve Board of Governors in Washington DC.

federalreserve.gov

Nathan Tankus@nathantankus.bsky.social · last yr.

haha only had reason to check this now, I am all the oldest FOIA requests outstanding at the FOMC. I want these December 2023 FOIAs!!! www.federalreserve.gov/foia/files/F...

Andrew Ferguson is a soulless political climber and a shame on the FTC and the entire profession

s. baum@transvestigations.bsky.social · last yr.

First up is Andrew Ferguson, FTC Chairman & Trump appointee, with opening remarks. "We have republicans, democrats, conservatives, progressives, even feminists!" He lambasts GAC providers for treating and "sterilizing" trans children, feeding into anti-trans disinfo about GAC.

the hardest part about writing this piece was resisting the urge to dedicate it to Jamie Dimon

Daniel Hawley@danielhawley.bsky.social · last yr.

✍️📚 Hot off the presses: Coordination Rights After Bank Failure 🎉🚨 TLDR; instead of reflexively merging failed banks into bigger banks, the FDIC could turn them into quasi-worker cooperatives Out now in @columlrev.bsky.social columbialawreview.org/content/coor... 🧵 (1/n)

👀

Daniel Hawley@danielhawley.bsky.social · last yr.

✍️📚 Hot off the presses: Coordination Rights After Bank Failure 🎉🚨 TLDR; instead of reflexively merging failed banks into bigger banks, the FDIC could turn them into quasi-worker cooperatives Out now in @columlrev.bsky.social columbialawreview.org/content/coor... 🧵 (1/n)

highly, highly recommend!!

Daniel Hawley@danielhawley.bsky.social · last yr.

✍️📚 Hot off the presses: Coordination Rights After Bank Failure 🎉🚨 TLDR; instead of reflexively merging failed banks into bigger banks, the FDIC could turn them into quasi-worker cooperatives Out now in @columlrev.bsky.social columbialawreview.org/content/coor... 🧵 (1/n)

✍️📚 Hot off the presses: Coordination Rights After Bank Failure 🎉🚨 TLDR; instead of reflexively merging failed banks into bigger banks, the FDIC could turn them into quasi-worker cooperatives Out now in @columlrev.bsky.social columbialawreview.org/content/coor... 🧵 (1/n)

BREAKING — All FDIC employees just received an email confirming DOGE presence at the agency. "The DOGE team has neither requested nor been granted access to sensitive bank information." We'll see how long that remains true. Text of email shared with me:

Marisa Kabas@marisakabas.bsky.social · last yr.

BREAKING — DOGE will descend upon Federal Deposit Insurance Corporation (FDIC) buildings tomorrow, an agency source tells me. FDIC is responsible for insuring all commercial/personal US bank accounts for up to $250k and regulating banks. Scary in light of Trump’s manipulation of markets this week.

Holy shit. www.whitehouse.gov/presidential... He's actually doing it. Consolidating all payments under the Tsy. Not to toot my own horn too much, but this is exactly what my paper is trying to address and oppose. We need a strong digital fisc vision to counter this.

Protecting America's Bank Account Against Fraud, Waste, and Abuse

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose.

whitehouse.gov

NEW EMAIL FROM COLUMBIA ADMIN: DHS agents were in two university residences tonight — with two warrants "I am writing heartbroken to inform you that we had federal agents from the Department of Homeland Security (DHS) in two University residences tonight." No arrests made.

eric holder didn’t take a final exam at columbia until his junior year because he was busy occupying campus buildings and such. the dean whose office he occupied wrote him a letter of rec for law school

UAW@uaw.org · last yr.

In the latest assault on First Amendment rights, Columbia University has expelled and fired Grant Miner, President of UAW Local 2710, which represents thousands of Columbia student workers. The firing comes one day before contract negotiations were set to open with the University.

NEW PIECE- with a version in @rollingstone.com . Can the Trump Administration arbitrarily Take money from Anyone's bank account? The Federal Government debiting 80.5 million dollars from New York City government's central bank account suggests yes. www.crisesnotes.com/can-the-trum...

Can the Trump Administration Arbitrarily Take Money from Anyone’s Bank Account? Federal Government’s Mugging of New York City for FEMA Funds Suggests Yes

Notes on the Crises pivoted on February 1st into around the clock coverage of the Trump-Musk Treasury Payments Crisis of 2025. Today is Day Forty Two. A version of this article is simultaneously appe...

crisesnotes.com

🔥🔥🔥

Rohan Grey@rohangrey.bsky.social · last yr.

By not only ‘setting the rules’ but also ‘keeping score’ - both as final referee *and* official scoreboard operator - Congress can have its ‘Marbury’ moment and “emphatically” assert the exclusive “province of the legislative department to say what the fisc is”.

For once someone claiming to write the first paper to X has likely actually written the first paper to X!

Rohan Grey@rohangrey.bsky.social · last yr.

🚨New Paper🚨 (hi law reviews!) ‘Digitizing the Fisc’ is the first article to address the current separation of fiscal powers crisis, exemplified by Trump's takeover of the Treasury's payments IT systems, through a tri-dimensional legal, political economic, & technological lens.

🚨New Paper🚨 (hi law reviews!) ‘Digitizing the Fisc’ is the first article to address the current separation of fiscal powers crisis, exemplified by Trump's takeover of the Treasury's payments IT systems, through a tri-dimensional legal, political economic, & technological lens.

by far the worst offender is requiring URLs AND permalinks. URLs are at best redundant, at worst useless, and they take up a ton of space and look like shit

John Pfaff@johnpfaff.bsky.social · last yr.

Footnotes in LR in general are a mess. One of my on-going battles is to purge the id. Readers aren’t idiots. Just need one cite at the end (or beginning) of a paragraph, w the range of pages cited. No “id at X.” DEF no lone “id.” It distracts the reader, who is constantly looking down then up.

MotL 77 is live! 🗣️ ✨ Gaming Money w/ @raulcarrillo.bsky.social ✨ moneyontheleft.org/2025/03/02/g... We explore how companies like Roblox are not only harming gamers but issuing “shadow money,” evading banking regulations meant to prevent structural problems. Transcript forthcoming!

Many of you have already seen it, but I wanted to wait until my version was complete. My version has my newly set up youtube channel, some minor fixes to the transcript &a bevy of links throughout the transcript. Also a PDF version. Thanks @pkrugman.bsky.social www.crisesnotes.com/musk-in-your...

Musk In Your Computers: An Interview With Paul Krugman

Notes on the Crises pivoted on February 1st into around the clock coverage of the Trump-Musk Treasury Payments Crisis of 2025. Today is Day Thirty Read Part 0, Part 1, Part 2, Part 3, Part 4, Part 5,...

crisesnotes.com

I'm going to put a marker down here: @rohangrey.bsky.social is restructuring a paper of his for the current Law Review cycle that was basically predicting the Treasury Payments Crisis (he had an earlier version at least by 2021). It is a paper you want to publish. Here's me summarizing in 2023

🗣️ get rid of the penny because of resource and emissions costs from mining and transporting zinc and copper not because of negative seigniorage

insane details on impoundment👇

Nathan Tankus@nathantankus.bsky.social · last yr.

HUGE NEW PIECE: New court documents confirm @wired.com & my reporting, @jeffstein.bsky.social credits my reporting in WaPo but, most importantly, new court documents reveal both comical lies and disturbing details confirming our constitutional crisis intensifies www.crisesnotes.com/bombshell-co...

CNN with an absolutely gigantic story: "Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID payments using the department’s own ultra-sensitive payment processing system." edition.cnn.com/2025/02/06/p...

Musk associates sought to use critical Treasury payment system to shut down USAID spending, emails show | CNN Politics

Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID payments using...

edition.cnn.com

"BREAKING: we just blocked Musk & Trump out of the Treasury systems!" This is not accurate. Krause and Elez still having access means that Musk and Trump still have access, in some sense at least. We have no guarantees data is not actually being taken out. www.crisesnotes.com/day-seven-of...

Day Seven of the Trump-Musk Treasury Payments Crisis of 2025: “Yours and WIRED's Reporting is Actually Doing Something”

Notes on the Crises pivoted over the weekend into around the clock coverage of the Trump-Musk Treasury Payments Crisis of 2025 Read Part 0, Part 1, Part 2, Part 3 & Part 4 If you are a current or fo...

crisesnotes.com

Norm Eisen@normeisen.bsky.social · last yr.

BREAKING: we just blocked Musk & Trump out of the Treasury systems! Court order just secured — big win by us at @sddaction.bsky.social & our partners including @publiccitizen.bsky.social!

EMERGENCY PIECE: Previous reports that Musk's DOGE programmers only have "read only" access is inaccurate. I can confirm what @wired.com first reported at 1 AM today that they have Read & WRITE access with a source in BFS referring to this as "apocalyptic" www.crisesnotes.com/day-five-of-...

Day Five of the Trump-Musk Treasury Payments Crisis of 2025: Not “Read Only” access anymore

If you are a current or former career Bureau of the Fiscal Service Employee, especially if you’re a legacy IT programmer with years of experience and especially if you are a COBOL programmer currently...

crisesnotes.com

I talked to @nathantankus.bsky.social about what it means for forces allied with Elon Musk to take over the Treasury Department's payment system, it's really good and you should read it but in some ways the headline quote says it all. prospect.org/economy/2025...

‘Filled With Unmitigated Terror’

A Q&A with Nathan Tankus on what it means for Elon Musk’s forces to have commandeered some level of control of the U.S. payment system.

prospect.org

Horrific times, but I’m off the job market and back on social media. I’m thrilled to join Boston College Law School on the tenure track! I’m looking forward to working alongside fantastic colleagues (including many LPE folks ;)). I’ll be teaching Banking Law, Law & Tech, and Contracts!

EMERGENCY PIECE: Elon Musk Wants to Get Operational Control of the Treasury’s Payment System. This Could Not Possibly Be More Dangerous. Worse, exclusive new information revealed here explicate how Musk’s actions relate to Treasury Secretary Scott Bessent (Link at the end)