Anisha Steephen

@asteephen.bsky.social

Ex-U.S. Treasury, always economic justice. Banking / Tax / Housing / Climate. They/Them. 📍NYC

Best 3 things about writing a book I didn’t expect. 1. People send you pics of their cute kids reading your book. 2. Lengthy but brilliant goodreads reviews. 3. People send you pics of your book on shelves in bookstores across the country. Thanks guys! bit.ly/GougedPRH

Gouged by Lindsay Owens: 9798217058785 | PenguinRandomHouse.com: Books

“A thrilling true crime story about how the largest corporate monopolies in America have hatched a scheme to pick our pockets. Gouged is the book corporate America does not want you to read.”—Robert.....

bit.ly

Neiman Marcus closed its downtown Dallas flagship on Wednesday. The store played a notable role in the history of desegregation in Dallas. Previously, Black shoppers across the US could enter department stores, but they weren't allowed to try on clothes without adhering to certain conditions. 🧵

A notice about the Neiman Marcus store opening in downtown Dallas.An old photo of the Dallas flagship.

Calling all NYC artists — painters, filmmakers, poets, musicians and more! Did you know our city provides grants to support your work every year? And this year, we're DOUBLING the amount — from $5,000 up to $10,000 per artist! Deadlines are approaching fast — apply today at nyc.gov/artistgrants.

Casual reminder that the myth of “pulling yourself up by your bootstraps” is a cruel hoax designed to convince poor people from all walks of life that the injustices they face are a result of their own actions, rather than an oppressive system rigged against them.

"The Treasury Department has seen a dramatic exodus of President Donald Trump’s own appointees, outpacing the turnover of any other recent administration." Bessent "has had at least three different chiefs of staff since the beginning of the administration.”

NOTUS: "Nearly Half of Trump’s Treasury Appointees Have Left
While many agencies have had turnover, the Treasury Department has seen an exodus of Senate-confirmed officials."

The EPA said if power plants used only for data centers are not be subject to the federal Clean Air ​Act's Acid Rain Program, which has been key to the ​dramatic reduction of smog and soot pollution from industrial ⁠facilities. Per @reuters.com

EPA says power for data centers can sidestep pollution laws

Power sources providing electricity only to data centers and not the public grid may not be subject to ​federal pollution laws, the U.S. Environmental Protection Agency said on ‌Monday.

reuters.com

Why does the rent keep going up? It's not just the housing shortage. In @time.com, our Fellow @asteephen.bsky.social argues that today's housing market is increasingly organized around Wall Street's expectation that rents will keep rising, making higher rents part of the business model.

Why Rent Keeps Rising Because of Wall Street

“Apartment buildings are bought, sold, and borrowed against on the expectation that rents will keep rising,” writes Anisha Steephen.

time.com

Look, I'm all for the CFTC cracking down on people like the teleprompter guy doing obvious prediction market insider trading, but there's another sense in which those cases are just the smallest of potatoes compared to the scope and scale of financial crimes happening in this administration.

Aaron Rupar@atrupar.com · 3mo ago

This is nuts: "Trump Media has unveiled a paid-for, licensed data feed that will give banks ​& trading firms 'the fastest' access to posts from influential Truth Social ‌accounts Trump’s posts on the platform regularly move markets. High speed access to these could be very valuable to traders"

1/ In June 2025 I wrote about the impending authoritarian capture of the IRS for @crisesnotes.bsky.social. I named IRC § 7217, enacted after Nixon audited his enemies, and warned the firewall between the White House and taxpayer audits was under siege. Thirteen months later here we are.🧵

The Fiscal State Under Siege: Why People Hate the IRS, and Why You Should Care

How Trump, DOGE, and Project 2025 Are Turning the IRS Into a Tool of Authoritarian Rule Editor’s Introduction: Hello readers, it's Nathan Tankus and I am very happy to bring to you the first in a l...

crisesnotes.com

I don’t think people really understand how bad the OMB proposed rule is going to be for state and local govt. We’re talking about putting a full third of state budgets under the explicit control of Russ Vought. (1/2) www.bondbuyer.com/news/cities-...

Cities, states warn of credit impact from proposed federal grant rule

Discretionary termination of grants allowed under the rule would pose a particular risk, issuer advocates said.

bondbuyer.com

🧵1/6 Rent regulation is getting national attention right now, and the conventional debate is too narrow. In my new paper with the @rooseveltinstitute.org I argue that rent regulation should be understood as macroprudential policy and one of the most powerful tools state and local governments have.

Rent Regulation as Financial Regulation

Housing affordability is often framed as a supply problem. This brief examines the role of speculative finance in rental housing and argues that rent regulation is a powerful tool for promoting financ...

rooseveltinstitute.org

"One study found that increasing the number of people who receive SNAP benefits by 5 percent could have prevented nearly 32,000 suicides over 15 years. And a $1 increase in minimum wage has been linked to roughly 8,000 fewer suicide deaths over a decade."

How minimum wage hikes and food stamps fit in to suicide prevention

Studies show income, debt and access to basic needs shape mental health outcomes, but U.S. strategies have largely focused on clinical care.

washingtonpost.com

Tax filing season is here — and the Trump administration has left the IRS in chaos. I joined @scrippsnews.bsky.social to break down what that actually means for taxpayers trying to navigate the mess.

Economic Speakers Bureau@econspeakers.bsky.social · 8mo ago

The Trump administration inherited a better-functioning IRS with better customer service and faster refunds. In one year, it has been dramatically hollowed out. @asteephen.bsky.social warns taxpayers may face longer delays and more mistakes that will cost working families the most.

@mayor.nyc.gov @governor.ny.gov NYC faces a $12B budget hole for FY26-27. Undocumented NYers contribute ~$3.1B/yr in NY state & local taxes. Trump’s cruel ICE tactics will shrink revenue by pushing immigrants into the shadows & off the books. We must #TaxTheRich now to pay their share. My op-ed:

Op-Ed | ICE is coming for our people and our budget – amNewYork

New York faces a projected $34.3 billion cumulative budget gap through 2029, and federal funding, nearly 39% of the state budget, is shrinking. Every dollar

amny.com

Thrilled to join Roosevelt Institute’s 2026 Think Tank Fellows cohort to help build an economy that delivers shared prosperity, real power for working people, and rules that rein in extraction. Very excited to be alongside my former Treasury colleagues Chastity Murphy and @samarthgupta.bsky.social!

Roosevelt Institute@rooseveltinstitute.org · 9mo ago

🎊 Exciting news: We’re proud to introduce our 2026 cohort of think tank fellows! This inspiring group will help advance our #GoodLife vision of shared prosperity and power for working people. Meet the new Roosevelters ⬇️