Michael Derby
@michaelsderby.bsky.social
9.6K followers 890 following 5.4K posts
Fed and economy reporter with @reuters.com, ex-Wall Street Journal. Failed musician, guitar holdout, I really like pedals.
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michaelsderby.bsky.social
If you've got something you'd like to share with me, do so securely with Signal. Here's how to reach me.
michaelsderby.55 Signal
Reposted by Michael Derby
dollemore.com
Currently on a flight to Japan watching a Pentagon Assistant Press Secretary (Riley Podleski) work on a document in the open on her laptop. She spent the last hour copy and pasting headlines from articles critical of the Administration’s hostility toward the 1st amendment.
Reposted by Michael Derby
enjohnston.bsky.social
Data centers are "shaping up to be the mother of all political issues...pretty much everyone pays electric rates, & under Trump they’re starting to skyrocket...he’s simultaneously accelerating demand w/ his support for data center buildout, & constricting supply by shutting down cheap solar & wind."
Hey Grok, What's a Waste of Energy?
AI amidst the climate emergency
billmckibben.substack.com
Reposted by Michael Derby
natashabertrand.bsky.social
NEW: How the Pentagon sidelined lawyers while testing the legal limits of military action
New details here about how the Army’s top uniformed lawyer was fired just weeks after raising concerns about the use of the military domestically and mass firings of DoD employees www.cnn.com/2025/10/15/p...
How the Pentagon sidelined lawyers while testing the legal limits of military action | CNN Politics
For weeks earlier this year, the Army’s top uniformed lawyer had been raising legal concerns inside the Pentagon about some of the new policies being rolled out dictating how the military can be used ...
www.cnn.com
Reposted by Michael Derby
leahmillis.bsky.social
The @chicago.suntimes.com photographer who risked their personal health and safety to take this photograph is Anthony Vazquez. Please credit photographers and media outlets. In this age of misinformation, a photo with no context could be anything at all.
50501movement.bsky.social
Please remind us who the domestic terrorists are again.
Photo from Chicago: DHS militarized agent holding a gun up directly in someone’s face as the victim has their hands up, pleading for them not to shoot.
michaelsderby.bsky.social
Now that’s a curious bass, also RIP G&L.
Last Leo Fender bass
Reposted by Michael Derby
mattpeterson.bsky.social
Don't look now but Trump just freaked out the market again by continuing to escalate the trade war.
I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.
michaelsderby.bsky.social
Pulte's mortgage fraud accusations continue to bring attention to his own state of affairs.
Reposted by Michael Derby
carlquintanilla.bsky.social
POLITICO: “.. They referred to Black people as monkeys and ‘the watermelon people’ and mused about putting their political opponents in gas chambers. They talked about raping their enemies .. and lauded Republicans who they believed support slavery.

@politico.com
www.politico.com/news/2025/10...
michaelsderby.bsky.social
How the tables have turned.
nber.org
NBER @nber.org · 21h
The US is in far worse fiscal shape than Italy. US fiscal sustainability requires immediate and permanent massive tax hikes or spending cuts, from Emanuele Dicarlo, Laurence J. Kotlikoff, Mauro Marè, and Marco Olivari www.nber.org/papers/w34340
michaelsderby.bsky.social
Fed’s Powell on how to grade the central bank: “Don't look for perfection…These are close calls that have to be made in real time.”
michaelsderby.bsky.social
Fed’s Powell on the future of A.I. and the limits of central bank policy: “We can't address the potential societal disruptions that can happen.”
michaelsderby.bsky.social
Fed's Powell: “If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it. If we move too slowly, there may be unnecessary losses, painful losses in the employment market…We're in the difficult situation of balancing those two things.”
michaelsderby.bsky.social
Another Fed Powell tidbit on the balance sheet that will likely launch some speculation: "Our experience since 2020 does suggest that we can be more nimble in our use of the balance sheet." Is that a hint at more active balance sheet moves in future, less inertia?
michaelsderby.bsky.social
Fed Powell jokes on balance sheet, "a colleague recently compared this topic to a trip to the dentist, but that comparison may be unfair—to dentists." Says on quantitative tightening stopping point: "we may approach that point in coming months."
Reposted by Michael Derby
johngramlich.bsky.social
Before this year, only two states – Texas in 2003 and Georgia in 2005 – voluntarily redrew their congressional maps between censuses for partisan advantage: www.pewresearch.org/short-reads/...
washingtonpost.com
North Carolina said Monday that it will work on a new congressional map that could yield another GOP-leaning district in the state.

It's the latest state to heed President Trump’s call to redraw congressional maps five years earlier than usual.
North Carolina Republicans heed Trump’s call to redraw congressional map
State becomes latest to join a national redistricting battle sparked by the president’s urging to shore up the historically small GOP House majority ahead of next year’s midterm elections.
www.washingtonpost.com
Reposted by Michael Derby
atrupar.com
Q: We've seen images out of Chicago of federal agents shooting faith leaders with pepper balls and arresting journalists. Where's the limit for you on what's acceptable conduct by federal agents?

MIKE JOHNSON: I've not seen them cross the line yet.
michaelsderby.bsky.social
Mizuho: "The benchmark 10-year Treasury Note has been trading in a narrow range bound from below by 4%. Assuming a 2% underlying rate of real GDP, a 4-4.20% 10-year trading range suggests investors believe the Fed’s inflation target is credible."
Reposted by Michael Derby