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Catherine Rampell

@crampell.bsky.social

Economics editor at The Bulwark. MS NOW (formerly MSNBC) anchor. Previously WaPo op-ed columnist and NYT reporter. Econ, politics, immigration, tax, etc. + occasional theater nerdery.

4957 Posts163930 Follower682 Folgt
Carl Quintanilla@carlquintanilla.bsky.social · 12h ago

“‘Accidental landlords’ — .. home owners who tried to sell, couldn't, and are now listing on the rental market. .. At the beginning of August, 11% of all single family home to rent in Texas were from accidental landlords. Today, it’s 14%.” - Parcl Labs

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Catherine Rampell@crampell.bsky.social · yesterday

Trump announces that the U.S. will buy Russian oil. This is just a few weeks after Trump signed the Lindsey Graham Russia Sanctions bill, which authorized him to place 100% tariffs on countries that are the biggest importers of Russian oil/gas. Are we going to tariff ourselves now?

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Catherine Rampell@crampell.bsky.social · yesterday

Oil/gas closures in Gulf of Mexico because of Hurricane Isaias. —Over a third of oil platforms have been evacuated. —Nearly 72% of oil and 59% of natural gas production has been shutdown in the Gulf of Mexico. www.bsee.gov/newsroom/lat...

MMA Monitors Gulf of America Oil and Gas Activities in Response to Hurricane Isaias | Bureau of Safety and Environmental Enforcement

NEW ORLEANS - The Marine Minerals Administration is monitoring offshore oil and gas operators in the Gulf of America as they evacuate platforms and rigs in response to the storm. The Marine Minerals A...

bsee.gov

The Bulwark@thebulwark.com · 2d ago

"Our president is helping rich donors offload overvalued stocks onto children, who are forced to hold the stocks for five years whether they want to or not." And this is about one of his *good* ideas. The latest edition of Receipts from @crampell.bsky.social:

Trump Accounts Were a GOOD Idea. He Just Made It an Icky One.

What started as a bipartisan savings concept now comes with stocks you can’t reject, a five-year lockup, and some very happy billionaires.

lnk.thebulwark.com

Catherine Rampell@crampell.bsky.social · 2d ago

reminds of the scene from "This Is the End" about gluten www.youtube.com/watch?v=W8oz...

"Gluten's a vague term!" - This Is the End (Seth Rogen, Jay Baruchel)

YouTube video by Zach Nyhus

youtube.com

The Bulwark@thebulwark.com · 2d ago

Q: “How do you define socialism personally?” Vance: “I think in reality, what it actually means in the American context is that you want to replace American workers with foreign workers, and you want boys to play in girls' sports.”

Catherine Rampell@crampell.bsky.social · 2d ago

Never forget: www.theguardian.com/media/2019/f...

'Germs are not a real thing': Fox News host says he hasn't washed hands in 10 years

Pete Hegseth denies existence of germs, saying: ‘I can’t see them, therefore they’re not real’

theguardian.com

Catherine Rampell@crampell.bsky.social · 2d ago

For the first time on record, a majority of Americans have not much/no confidence in the government to ensure food safety. news.gallup.com/poll/715430/...

Catherine Rampell@crampell.bsky.social · 2d ago

Trump admin is suspending a bunch of tech companies (Microsoft, Adobe, Cognizant, Infosys, Tata, Wipro, HCL, Capgemini) from participation in the H-1B PERM program, alleging fraud. Some other tech firms (Apple, Amazon, Google, etc.) notably absent from the list.

The Trump administration is suspending Microsoft from a green card program, alleging fraud

The Trump administration is suspending tech giant Microsoft from a program to apply for green cards for workers who come to the U.S. to live and work using H-1B visas, accusing the company of fraud.

apnews.com

Josh Sternberg@joshsternberg.com · 2d ago

"Criticism of Israel, including sharp criticism of the Israeli gov, is of course not inherently antisemitic. But context matters. Appearing outside a synagogue to chant 'globalize the intifada,' celebrate Hamas, or otherwise invoke violence against Jews is not simply criticism of Israeli policy."

Jewish Council for Public Affairs@thejcpa.bsky.social · 3d ago

Our open letter to political candidates and leaders: you have a fundamental responsibility to draw a line — rejecting rhetoric, tropes, and conspiracy theories that fuel violence and threaten our communities and our democracy. Read: jewishpublicaffairs.org/open-letter-...

Catherine Rampell@crampell.bsky.social · 4d ago

NYFed: By February 2026, Trump's tariffs had contributed 2.9 percentage points to consumer goods price inflation; without tariffs, goods prices would have fallen slightly. The tariffs raised the cost of imported goods AND their domestically-produced competitors.

How Fast Do Tariffs Pass Through into Consumer Prices? - Liberty Street Economics

A look at how much of U.S. tariffs reach consumers and how quickly, tracing tariffs through import, domestic producer, and retail prices.

libertystreeteconomics.newyorkfed.org

Aaron Reichlin-Melnick@reichlinmelnick.bsky.social · 4d ago

The OPT rule is out, and it's a mess. DHS is aware that this rule will be challenged in court, but didn't even bother to do a defensible analysis of the costs. For example, their estimate of costs that this rule will impose on the public over 10 years is a range between $241 million to $29 billion.

Due to high uncertainty in regulated parties’ behavioral responses, DHS uses ranges to estimate costs and transfers. These ranges reflect different scenarios for how many OPT fees the educational institutions would fund. If all OPT fees are paid by schools, the main impact would be the transfer of payments from the fees. If some OPT fees are not paid by schools due to reduced participation, there would be opportunity costs from the lost OPT participation. DHS estimates the annualized costs of the proposed rule would range from $32 million to $8.2 billion, with a primary estimate of $4.1 billion discounted at 3 percent. Discounted at 7 percent, the estimated annualized costs of the proposed rule would range from $34 million to $8.2 billion, with a primary estimate of $4.1 billion. DHS estimates the 10-year total costs of the proposed rule would be $275 million to $69.9 billion, with a primary estimate of $35.1 billion discounted at 3 percent (see Table 10). Discounted at 7 percent, the estimated total costs of the proposed rule would be $241 million to $57.7 billion, with a primary estimate of $29.0 billion.
Catherine Rampell@crampell.bsky.social · 4d ago

Trump admin's new rule adding prohibitively expensive new fees for "OPT"—temporary work authorization program for international students and new grads in the United States—is out. Would require colleges to pay $70,000 for year one. $30,000 for years two and three combined for STEM fields.

The Bulwark@thebulwark.com · 4d ago

@crampell.bsky.social talks with Jasper Hill Farm's Mateo Kehler about what Trump's trade war with Canada looks like on the ground, with businesses, families, and communities on both sides of the border paying the price: "There are no winners here. Everybody in our region is losing."

Aaron Reichlin-Melnick@reichlinmelnick.bsky.social · 5d ago

A few weeks ago, US Citizenship and Immigration Services released quarterly data on the legal immigration system through June. The data presents a stark picture of an agency going through a period of total dysfunction. As of June, net application backlogs have risen by 80% since Trump took office.

Chart showing total net USCIS immigration application backlog, from Q4 Fiscal Year 2023 through Q3 Fiscal Year 2026. The data shows backlogs were slowly dropping from net 4.3 million applications in Q4 FY 2023 to 3.8 million in Q3 FY 2024, after which applications began to rise again, increasingly every single month until Q3 FY 2026, where they stand at 7.7 million.