Kai Ryssdal
@kairyssdal.bsky.social
Dad, husband. IPAs. Soccer referee, trail runner, mountain biker. Veteran.
Whoahhhhhhhh
Nick Timiraos@nicktimiraos.bsky.social · 12m ago"The president calls Warsh in bursts—several times in a stretch of days, then quiet for longer periods. Trump has sought Warsh’s counsel on a range of matters, including how the war in Iran and the rapid rise of artificial intelligence are affecting the economy." www.wsj.com/politics/pol...
Two rich dudes in their 70s want to know why people living paycheck to paycheck aren’t happy.
Aaron Rupar@atrupar.com · 2h agoKUDLOW: Why is it people don't know there's an economic boom? It's not showing up in any of these numbers! How is that possible? TUBERVILLE: Our economy is really good if you look at all the factors
Oh puh-leez www.nytimes.com/2026/08/05/u...
Trump Said Qatari Jet Was Destined for His Library. That May Change.
A White House official says no final decision has been made about which plane will go on display at the Trump presidential library. That leaves the fate of the Qatari jet unclear.
nytimes.com
Here is a link to the WSJ @nicktimiraos.bsky.social story that our Treasury secretary doesn’t want you to read. (It should be a free link, but it doesn’t always work) www.wsj.com/economy/cent...
Why Bessent Is Leaning on the Fed to Help Prop Up Japan’s Currency
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
wsj.com
Michael Derby@michaelsderby.bsky.social · 10h agoAs evidence for Warsh’s rough start as Fed chair, the Treasury secretary is now going after reporters for their coverage of the central bank.
This whole @johnauthers.bsky.social column is great. Also, tell me again history doesn’t matter.
Catherine Rampell@crampell.bsky.social · 10h ago@johnauthers.bsky.social: "stock market’s relationship to war and peace can be troublesome. Just look at Dow in 1938 and 1939, as an ever-more belligerent Hitler brought Europe sliding ever further into war. The impact on Wall Street wasn’t totally predictable" www.bloomberg.com/opinion/news...
As evidence for Warsh’s rough start as Fed chair, the Treasury secretary is now going after reporters for their coverage of the central bank.
EVERCORE: The projected exhaustion of Social Security “is a bona fide forcing event on the horizon. If Washington’s fiscal trajectory changes meaningfully before then, .. it will likely be because Treasury markets deliver a clear signal that the fiscal status quo has become too costly ..”
Well, I mean, it was nonsense
Oliver Darcy@oliverdarcy.bsky.social · 22h agoI spoke with 10 CNNers about David Ellison's essay in The NYT, in which he tried to convince the public he'll be a good steward of CNN. Suffice to say, no one at the network is buying what he's selling. “We all have eyes and ears and see what’s happening at CBS." www.status.news/p/david-elli...
Asymmetric commitment
Carl Quintanilla@carlquintanilla.bsky.social · 23h agoThree-byline alert: 🚨 “.. Iran’s leadership has made a high-stakes calculation .. betting that its ability to inflict pain on the American economy is its best leverage to avoid future military action from the U.S. and Israel.” @wsj.com www.wsj.com/world/middle...
Another Fed official--this time KC Fed's Schmid--is ready to hike rates and he says so clearly: "I believe that bringing inflation down to the Fed’s 2 percent objective will require tighter policy.”
Fed's Schmid calls for tighter monetary policy to tamp down on 'too high' inflation
Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that some sort of monetary policy tightening is needed to get “too high” inflation back to the 2% target.
reuters.com
They didn’t lose it - they threw it away
Barb McQuade@barbmcquade.bsky.social · yesterdayGOP senators have lost the plot.
Someday soon, everyone will claim to have known this all along.
Greg Pak@gregpak.net · yesterday"A.i." is bullshit. "A.i." detection tools are bullshit. "A.i." in education is bullshit. "A.i." in the arts is bullshit. "A.i." in business and government is bullshit.
THE $168 BILLION WAS TAKEN ILLEGALLY AND THE GOVERNMENT DIDN’T WANT TO GIVE IT BACK. Kill me I’ve wasted my life.
Aaron Rupar@atrupar.com · yesterdayBessent: "Here at the Treasury, I had $168 billion of tariff revenues that we're gonna have to refund. So when the Democrats scream, "Oh, the refunds should go back to the American people!', well, the American people had it, it was in the Treasury and it was paying down the debt."
That was the stated purpose behind the establishment of the branch of government in which you serve but go off king
Aaron Rupar@atrupar.com · yesterdayCornyn: "There's nothing we could do to rein in the president"
Doesn't make it any better. Or less of a lie. Or less cowardly.
Bill Grueskin@bgrueskin.bsky.social · yesterdayFull quote: "There's nothing we could do to rein in the president when he said he likes the fund, that he wishes it still exists, but the fact of the matter it's dead and that's all we could do under these circumstances."
Warsh isn't the first Fed chair to learn the hard way how closely markets parse his words. The question now is how he responds. Smart piece from @colbylsmith.bsky.social: www.nytimes.com/2026/08/04/b...
Warsh Wanted ‘Regime Change.’ Markets Are Demanding a Reset.
After his latest appearance set off a bout of volatility, Kevin M. Warsh, the chairman of the Federal Reserve, is under pressure to clear up mixed signals about his commitment to getting inflation dow...
nytimes.com
Also, btw, and not for nothing — Cornyn’s lying here. He’s an attorney, a former member of the Texas Supreme Court, and was the Texas AG.
Kai Ryssdal@kairyssdal.bsky.social · yesterdayOh for the love of all that is holy...
Oh for the love of all that is holy...
Aaron Rupar@atrupar.com · yesterdayCornyn: "There's nothing we could do to rein in the president"
The JPY intervention illustrates a primary reason the Admin wants to control the Fed--to control the powerful levers of the Fed's balance sheet. Even if he gets this thru this blurring of lines b/w fiscal & monetary policy will cost Warsh political capital on the FOMC www.wsj.com/economy/cent...
Why Bessent Is Leaning on the Fed to Help Prop Up Japan’s Currency
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
wsj.com
June JOLTS: Openings down slightly, hires up slightly, layoffs functionally unchanged. Lots more movement beneath the surface, but at the aggregate level, "low-hire, low-fire" remains solidly in place. www.bls.gov/news.release... #NumbersDay
Job Openings and Labor Turnover Summary - 2026 M06 Results
bls.gov
Brent crude oil below $80 for the first time in a few weeks
Bessent, six months from now: “Ah, but I didn’t say *which* Tuesday or Wednesday, now did I?”
CNBC@cnbc.com · 2d agoBessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with ‘freedom of movement’
