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Reposted by Kate Duguid

George Pearkes @peark.es · 17h

Why tho Steve, what about it makes cuts more urgent

*FED'S MIRAN SAYS US-CHINA SPAT MAKES RATE CUTS MORE URGENT

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Kate Duguid @kateduguid.bsky.social · 1d

That means Republicans could, going forward, easily win the House even if they lost the popular vote by a lot

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Kate Duguid @kateduguid.bsky.social · 1d

There might be implications for next year's midterm elections but the sentence that really stood out to me was: "With those new seats added to the ones Republicans already seem poised to gain, the House would not be competitive in most election years."

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Kate Duguid @kateduguid.bsky.social · 1d

A good and clear explanation of the stakes of today's Voting Rights Act arguments: www.nytimes.com/2025/10/15/u...

The Supreme Court Case That Could Hand the House to Republicans

www.nytimes.com

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Kate Duguid @kateduguid.bsky.social · 2d

From August: www.ft.com/content/a4e6...

Trump’s sons launch investment vehicle to target a US manufacturer

Blank cheque firm will look for companies able to benefit from federal tax credits or contracts

www.ft.com

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Kate Duguid @kateduguid.bsky.social · 2d

Also from May: www.ft.com/content/bed8...

Surge in Chinese listings drives boom for US small-cap IPO market

Record number of small listings comes despite lacklustre market for big public offerings

www.ft.com

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Kate Duguid @kateduguid.bsky.social · 2d

From May: www.ft.com/content/5a76...

Crypto miner backed by Trump sons to list on Nasdaq

Move to tap equity investors highlights sector’s revival under Donald Trump

www.ft.com

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Kate Duguid @kateduguid.bsky.social · 2d

From April: www.ft.com/content/1d9e...

Trading in two stocks surged before Trump family appointments announced

Experts view sharp rises in share price and turnover of Unusual Machines and Dominari as ‘clearly unusual’

www.ft.com

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Kate Duguid @kateduguid.bsky.social · 2d

If this piqued your interest, check out George Steer's string of scoops on Dominari, a story he has owned this year. Links below

Bloomberg News @bloomberg.com · 3d

Dominari Holdings’ Kyle Wool has helped Donald Jr. and Eric make more than half a billion dollars boosting stocks.

The Banker Behind the Trumps’ Quick Wall Street Wins

Dominari Holdings’ Kyle Wool has helped Donald Jr. and Eric make more than half a billion dollars boosting stocks.

bloom.bg

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Kate Duguid @kateduguid.bsky.social · 5d

The latest massive First Brands scoop from our crack team (gift link) on.ft.com/4oep0SA

First Brands boss weighs resigning under pressure from lenders

Car parts maker’s rapid downfall has raised concerns of widespread losses on Wall Street

on.ft.com

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Reposted by Kate Duguid

Matt Steinglass @mattsteinglass.bsky.social · 5d

“Much of what we think of as innovation in the US is just private duct tape applied to the country’s uniquely bad payments system. Stablecoins, for example, offer a way to transfer something like a dollar from one place to another, without a bank.” Great stuff from @bhgreeley.bsky.social

Why I have to buy doughnuts with cash

Powerful lobbies are hindering a digital transition by America’s huge network of some 4,500 banks

on.ft.com

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Kate Duguid @kateduguid.bsky.social · 6d

If you missed it earlier this week, here's Claire's piece on what's happening in the room at Bessent's Fed chair interviews www.ft.com/content/6875...

Scott Bessent grilled Fed chair candidates on rates and quantitative easing

Trump administration ends first round of interviews to find replacement for Jay Powell

www.ft.com

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Kate Duguid @kateduguid.bsky.social · 7d

This is lovely www.nytimes.com/2024/04/16/m...

The Rom-Com That’s Responsible for My Marriage (Published 2024)

www.nytimes.com

Kate Duguid @kateduguid.bsky.social · 7d

The latest big scoop from our First Brands team: www.ft.com/content/9eec...

US justice department launches inquiry into First Brands

New York prosecutors’ probe into bankrupt company is at an early stage and described as a fact-finding mission

www.ft.com

Reposted by Kate Duguid

Daniel Knowles @dlknowles.bsky.social · 12d

I visited the apartment building ICE raided on Tuesday today. Story to come, but you can walk right in. Half of the apartments have no doors on them. Children's stuff abandoned in some flats. *Citizen* residents told me they were arrested and held for hours in zipties. This is America

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Reposted by Kate Duguid

Valerie Gonzalez @valontheborder.bsky.social · 13d

JUST IN: ICE didn’t say how much migrants would get or when the offer would take effect, but The AP obtained an email to migrant shelters saying children 14 years of age and older would get $2,500 each. Children were given 24 hours to respond.

apnews.com/article/ice-...

Trump administration offers migrant children $2,500 to voluntarily return to home countries

The Trump administration is offering migrant children $2,500 to voluntarily return to their home countries, dangling a new incentive in efforts to persuade people to self-deport.

apnews.com

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Kate Duguid @kateduguid.bsky.social · 13d

I guess I might also say this if I were in charge of a tech company that survived the dot-com bust? www.ft.com/content/8d80...

Jeff Bezos hails AI boom as ‘good’ kind of bubble

Amazon founder’s comments follow warning by Goldman Sachs’ David Solomon that ‘it’s not different this time’

www.ft.com

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Kate Duguid @kateduguid.bsky.social · 13d

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Kate Duguid @kateduguid.bsky.social · 13d

US multinationals and big exporters are way outperforming domestic-focused companies, in part thanks to the weak dollar www.ft.com/content/a8a7...

Multinationals race ahead as dollar slump divides US stock market

Domestically focused companies lag behind as currency suffers worst year since early 2000s

www.ft.com

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Reposted by Kate Duguid

Eric Michael Garcia @ericmgarcia.bsky.social · 17d

TL;DR, the current CR doesn't have any risks to gender-affirming care. But the upcoming spending fight will and it's important to differentiate between the two, especially when it's information for a vulnerable population. Our job should be to seek truth and report it and minimize harm.

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Kate Duguid @kateduguid.bsky.social · 17d

Useful Erin thread

Erin Reed @erininthemorning.com · 17d

1. There's a lot of confusion about this out there. Let me make it easier:

There are two ways to keep the government open: The full FY26 appropriations bill for the entire year, and a continuing resolution to keep it open for a few months at current levels.

Both are part of negotiations right now.

Reposted by Kate Duguid

Mike Konczal @mtkonczal.bsky.social · 17d

Here's the genuine problem. There's a lot of bottom-up arguments Miran makes for r* = 0%, each a good deal outside of consensus but interesting.

But there's also another thing that could make someone argue r* = 0%, as show in the algebra below (all discussed in the piece).

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Reposted by Kate Duguid

Mike Konczal @mtkonczal.bsky.social · 17d

New post, I finally wrote my thoughts on the Stephen Miran Federal Reserve speech.

I think it shows yet another reason for central bank independence. Without it, you can't tell what's a genuine outsider take and what's just carrying water for the Executive.
mikekonczal.substack.com/p/mirans-cas...

Miran’s Case for Cuts: A Reminder of Why Independence is Essential

Stephen Miran's recent speech highlights not just a debate over r*, but the deeper risks of allowing White House talking points to shape monetary policy.

mikekonczal.substack.com

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Kate Duguid @kateduguid.bsky.social · 17d

Ah - seems like the thought is that a strict reading immediately strips care from Medicare/medicaid, and a broader interpretation of this could mean withholding funds from hospitals. At least that’s Erin Reed’s take open.substack.com/pub/erininth...

Trump Digs In On Anti-Trans Provisions In Shutdown Fight Message

The provisions are becoming a key sticking point in the ongoing fight to keep the government open.

open.substack.com

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Kate Duguid @kateduguid.bsky.social · 17d

this would go beyond Hyde Amendment, right? cause it would cut all federal funding to hospitals providing trans care? not just forcing state to cover medicaid/medicare costs?

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