As I was saying the other day, Warsh's biggest challenge from a credibility perspective is demonstrating he's independent of Trump. The communications strategy stuff is important but secondary.
John Cassidy
@johncassidysays.bsky.social
Economics writer at The New Yorker. Author of “Capitalism and Its Critics: A History from the Industrial Revolution to AI" and other beach reads.
The academic turned speculator Victor Niederhoffer has died at the age of 82. He was a fascinating character. Here is a profile of him that I published in 2007. www.newyorker.com/magazine/200...
The Blow-up Artist
Can Victor Niederhoffer survive another market crisis?
newyorker.com
My take on Kevin Warsh's credibility problem. "Unless and until Warsh convinces people (of his independence from Trump), bond traders and commentators will react skeptically to his every comment, or refusal to comment, and who can blame them?" www.newyorker.com/news/the-fin...
The New Fed Chair Needs to Prove His Independence from Donald Trump
Kevin Warsh, the current Fed chair, has only been in office since May, but he’s already under fire.
newyorker.com
Fraser Nelson reckons Rod Liddle was “the greatest satirist since Swift” while Michael Gove is comparing him to not just Swift but Orwell. Amazing the comparisons you can get if you’ll pump out exactly the racist opinions even they are too squeamish to commit to print.
My take on Kevin Warsh's credibility problem. "Unless and until Warsh convinces people (of his independence from Trump), bond traders and commentators will react skeptically to his every comment, or refusal to comment, and who can blame them?" www.newyorker.com/news/the-fin...
The New Fed Chair Needs to Prove His Independence from Donald Trump
Kevin Warsh, the current Fed chair, has only been in office since May, but he’s already under fire.
newyorker.com
I worked for New York’s largest medical center at the start of the pandemic. There were morgue trucks on the streets. They set up emergency medical tents in Central Park. Healthcare worker colleagues died. It is horrific that RFK Jr is on national TV lying that ICUs were empty.
"Burnham will now have to deal with many of the same obstacles that handicapped Starmer’s government ... : stagnant living standards; a largely hostile press; political challenges from the right and the left; a hefty budget deficit; and wary financial markets". By @johncassidysays.bsky.social
Can Andy Burnham’s Manchesterism Save the U.K.’s Center Left?
With a populist touch, and a focus on affordability and raising up left-behind communities, Britain’s new Prime Minister has drawn comparisons to Zohran Mamdani.
newyorker.com
Tung Tung Tung Sahur 67
ALT: Tung Tung Tung Sahur 67
static.klipy.com
Aaron Rupar@atrupar.com · 2w agoEnten on the 67 point swing (!!!) against Israel among Americans: "We're not just talking about the Democratic base anymore. The general electorate has turned against Israel. This is not just a left issue. It's an American issue. The trend line is unbelievable."
“.. The deal: a Trump-branded hotel, golf and residential project inside a Saudi development helmed by the crown prince. ..!Only now is the fuller picture coming into view.” @forbes.com www.forbes.com/sites/danale...
Can't get numb to this: The United States is stuck in a war it started, cannot end, and may further escalate to no avail, having dismantled its diplomatic apparatus, depleted its military stockpile, and destroyed its credibility. A historic strategic mistake harming millions in many different ways.
Manchesterism v Mamdani-ism "The thing that ties Mamdani and Burnham together is a focus on how you make life more affordable and dignified for households that are relentlessly squeezed,” Mathew Lawrence, director of Common Wealth, tells me. www.newyorker.com/news/the-fin...
Can Andy Burnham’s Manchesterism Save the U.K.’s Center Left?
With a populist touch, and a focus on affordability and raising up left-behind communities, Britain’s new Prime Minister has drawn comparisons to Zohran Mamdani.
newyorker.com
An amazing quote from Lindsey Graham in this Atlantic story. It really captures an essential truth about politics that too few people ever really come to terms with. www.theatlantic.com/ideas/2026/0...
Sticking with this: "On Tuesday, the BLS will release the June CPI...This may well give Trump something to trumpet for a day or two, but it’s unlikely to change the mood of ordinary Americans, who want to see prices falling—not merely going up at a slower rate." www.newyorker.com/news/the-fin...
Donald Trump’s Needless War with Iran Is His Biggest Economic Blunder
As the midterm elections approach, gas prices have started to rise again, and Trump’s poll ratings are in the cellar.
newyorker.com
🚨HOLY CRAP. An ICE whistleblower just revealed a secret memo authorizing ICE officers to break into homes without a judicial warrant, which DHS's own legal training materials say is unconstitutional! ICE then hid the memo from the public, passing it along by word of mouth and private conversation.
The Associated Press@apnews.com · 7mo agoBREAKING: Immigration officers are asserting sweeping power to enter homes without a judge’s warrant, a memo obtained by AP says.
New column. Yes, you could argue tariffs, but they were central to his political identity and protectionist program. The war was, in his own words, a diversion. www.newyorker.com/news/the-fin...
Donald Trump’s Needless War with Iran Is His Biggest Economic Blunder
As the midterm elections approach, gas prices have started to rise again, and Trump’s poll ratings are in the cellar.
newyorker.com
New column. Yes, you could argue tariffs, but they were central to his political identity and protectionist program. The war was, in his own words, a diversion. www.newyorker.com/news/the-fin...
Donald Trump’s Needless War with Iran Is His Biggest Economic Blunder
As the midterm elections approach, gas prices have started to rise again, and Trump’s poll ratings are in the cellar.
newyorker.com
Truly terrible story. www.cnn.com/2026/07/09/u...
For 35 years, a Mexican father built homes in Houston. Then a morning drive ended in tragedy | CNN
The case again raises questions about who is targeted by a nationwide immigration enforcement push the Trump administration says aims to remove dangerous criminals from the US.
cnn.com
A Brit in the semis of Wimbledon, England still in the World Cup and Nigel Farage spending the summer arguing with a bin. Oh this happy breed of men, this little world, This precious stone set in the silver sea
What about watching the World Cup all day every day?
The Guardian@theguardian.com · last mo.Learning another language appears to slow brain ageing, scientists say
Trump University writ large. Nobody can say they weren’t warned.
That was ridiculous. You have a scheduled break or you don’t.
Trump University writ large. Nobody can say they weren’t warned.
"The G.O.P. is dealing with an entrenched C.E.O. who is unable to look beyond his own grievances. Most Americans aren’t buying the company’s products, and its stock price is sagging." www.newyorker.com/news/the-fin...
Donald Trump Has Officially Lost the Plot
His refusal to sign a bipartisan affordable-housing bill demonstrates his obliviousness to the economic concerns of voters.
newyorker.com
"The G.O.P. is dealing with an entrenched C.E.O. who is unable to look beyond his own grievances. Most Americans aren’t buying the company’s products, and its stock price is sagging." www.newyorker.com/news/the-fin...
Donald Trump Has Officially Lost the Plot
His refusal to sign a bipartisan affordable-housing bill demonstrates his obliviousness to the economic concerns of voters.
newyorker.com
The New Yorker has posted online a lengthy profile I wrote of Alan Greenspan, which was originally published in early 2000, just before the bursting of the dot com bubble. I was more skeptical than many of "the Maestro," but I found him fascinating 1/4
The New Yorker has posted online a lengthy profile I wrote of Alan Greenspan, which was originally published in early 2000, just before the bursting of the dot com bubble. I was more skeptical than many of "the Maestro," but I found him fascinating 1/4