Victoria Guida
vtg2.bsky.social
Victoria Guida
@vtg2.bsky.social
Economics correspondent and columnist at Politico. Signal: vguida.28
Hassett’s detractors believe he has not been effective as head of the National Economic Council other than as a public messenger for the president’s agenda, playing little part in driving policies
www.politico.com/news/2025/12...
Trump officials privately raise doubts about Hassett for Fed chair
Hassett’s critics say he has not been effective as head of the National Economic Council, playing little part in driving policies.
www.politico.com
December 17, 2025 at 5:39 PM
NEWS: White House economic adviser Kevin Hassett is a frontrunner to be President Donald Trump’s choice to chair the Federal Reserve, but some in the administration are questioning whether he’s up to the job.
www.politico.com/news/2025/12...
Trump officials privately raise doubts about Hassett for Fed chair
Hassett’s critics say he has not been effective as head of the National Economic Council, playing little part in driving policies.
www.politico.com
December 16, 2025 at 10:33 PM
Reposted by Victoria Guida
Q from @vtg2.bsky.social : Why are you cutting a third time this year with inflation at 3%?

A: "it is really tariffs that is causing the -- most of the inflation overshoot. We do think of those as likely to, in the current situation, as likely to be a one-time -- you know, one-time price increase."
December 10, 2025 at 8:06 PM
A divided Federal Reserve voted to lower interest rates again on Wednesday, but officials signaled that another cut won’t be immediate, a stance that will ratchet up tensions with President Donald Trump.
www.politico.com/news/2025/12...
A split Fed cuts interest rates but signals it's likely to pause
A decision to hold off on further rate reductions risks drawing more criticism from the president.
www.politico.com
December 10, 2025 at 7:24 PM
Trump wants his Fed chair to cut rates. The economy may have other ideas.
www.politico.com/news/2025/12...
Trump wants his Fed chair to cut rates. The economy may have other ideas.
The president's pronouncement that his new Fed chair would have to cut rates raises further alarms about his potential interference in central bank policymaking.
www.politico.com
December 10, 2025 at 1:15 PM
Asked if he was making support for slashing interest rates a litmus test for his Fed nominee, Trump answered with a quick “yes.”
🚨 EXCLUSIVE: Donald Trump made his sharpest critique of Europe yet to our Dasha Burns, slamming "weak" leaders of the "decaying" continent and saying he'd back candidates aligned with his vision.
Trump thrashes European leaders in wide-ranging interview: ‘I think they’re weak’
In an interview with POLITICO, the president offered no reassurance to America's allies about Russia and vowed to reshape their politics.
www.politico.com
December 9, 2025 at 12:08 PM
Reposted by Victoria Guida
How to boost your nominee's credibility with markets:

*TRUMP SEES CUTTING RATES AS LITMUS TEST FOR FED CHAIR: POLITICO
*POLITICO ASKS TRUMP IF LITMUS TEST IS RATE CUT 'IMMEDIATELY'
*TRUMP RESPONSE TO POLITICO LITMUS TEST QUESTION: 'YES'
December 9, 2025 at 11:53 AM
President Donald Trump’s future Federal Reserve chair was already facing a daunting task.

But as he homes in on his ultimate pick, Trump is ratcheting up the tension further for whomever gets the job.

My latest column:
www.politico.com/news/magazin...
Trump Keeps Squeezing the Next Fed Chair
The president was already putting incredible pressure on the central bank. Now he’s proposing more policies that could make their job even harder.
www.politico.com
December 5, 2025 at 12:31 PM
Reposted by Victoria Guida
NEW: Top supervisors at the Fed's 12 reserve banks and senior staff in Washington received a memo on Oct 29 with directives fundamentally changing how the central bank oversees banks

It is part of a sweeping overhaul led by Bowman

🎁🔗 www.nytimes.com/2025/11/17/b... @nytimes.com
Wall Street’s Top Cop Ushers In Lighter-Touch Oversight of Banks
www.nytimes.com
November 17, 2025 at 10:32 PM
NEWS: The Trump administration is calling on companies and organizations to sever ties with Larry Summers in the wake of new revelations about his relationship with the late convicted sex offender Jeffrey Epstein.
www.politico.com/news/2025/11...
Senior Trump official tells institutions: Break up with Larry Summers
Emails revealed that Summers repeatedly sought advice from Epstein on romantically pursuing a woman he referred to as his mentee.
www.politico.com
November 17, 2025 at 10:08 PM
President Trump is eagerly awaiting the day he will have a new Fed chair, but in the race to replace Jay Powell, much of the conversation has focused on something that doesn’t feel particularly Trump-y.

My latest column:
www.politico.com/news/magazin...
How Much Does Trump Really Want to Rein in the Fed?
Top contenders to lead the Federal Reserve under Trump are lining up around a policy that doesn’t seem Trump-like.
www.politico.com
November 13, 2025 at 2:04 PM
Reposted by Victoria Guida
The choice between “big states” and private companies is a false one - smart states know how to catalyse private sector investment.

Read more in my conversation with @politico.com about how Biden and Trump differ in their approaches to U.S. industrial strategy ➡️ buff.ly/1fLtboY
November 12, 2025 at 7:45 PM
“He’s actually weakening the economy by eliminating the very industrial strategy that led, in the past 50 to 100 years, companies like Intel to be born.”

I interviewed @mazzucatom.bsky.social for Politico Magazine on Trump’s brand of capitalism
www.politico.com/news/magazin...
‘He’s Actually Weakening the Economy’: Why Trump’s Strategy May Fail
A top economist says Trump is doing industrial policy all wrong.
www.politico.com
November 12, 2025 at 1:14 PM
Reposted by Victoria Guida
Question from @vtg2.bsky.social : are you worried about a contraction in AI investment?

A: These companies actually have earnings. Clearly data centers are a source of growth. But consumer spending is much bigger than that and continues to defy forecasts this year. [my argument all the time!!!]
October 29, 2025 at 7:13 PM
The Fed isn’t getting lots of data during the government shutdown, and the data it does have are confusing.
www.politico.com/news/2025/10...
Fed's data blackout deepens during shutdown
The lack of information is especially troubling now, with the central bank facing so many mixed signals on the economy.
www.politico.com
October 29, 2025 at 10:54 AM
Reposted by Victoria Guida
Everything is terrible, but here is Proust on newspapers
October 25, 2025 at 12:24 AM
Reposted by Victoria Guida
Meanwhile @vtg2.bsky.social and I have a discussion in @politico.com today that places the Framework a little more firmly in intra-Democratic policy debates.

(With a social preview image that strongly implies Ezra Klein was a White House aide.) /8

www.politico.com/news/magazin...
Abundance vs. Populism: A Former White House Aide Wants Democrats to Have It Both Ways
Democrats are promising to take on the high cost of living. Can they even agree on what’s causing the affordability crisis?
www.politico.com
October 22, 2025 at 5:23 PM
Reposted by Victoria Guida
COLUMN: Dems vowed to take on the high cost of living. But they’ve yet to offer a cohesive solution — and there’s even disagreement about what’s causing the affordability crisis, writes @vtg2.bsky.social.

One former White House aide wants to help Dems resolve that.👇
Abundance vs. Populism: A Former White House Aide Wants Democrats to Have It Both Ways
Democrats are promising to take on the high cost of living. Can they even agree on what’s causing the affordability crisis?
www.politico.com
October 22, 2025 at 2:06 PM
Abundance vs. Populism: A Former White House Aide Wants Democrats to Have It Both Ways

My Q&A with @mtkonczal.bsky.social on the politics and policy around affordability:
www.politico.com/news/magazin...
Abundance vs. Populism: A Former White House Aide Wants Democrats to Have It Both Ways
Democrats are promising to take on the high cost of living. Can they even agree on what’s causing the affordability crisis?
www.politico.com
October 22, 2025 at 11:44 AM
Democrats across the country are going all-in on attacking Trump’s global tariffs.

“The time is right for Democrats to lead again on trade,” Colorado Gov. Jared Polis told me.

My latest column:
www.politico.com/news/magazin...
Why Jared Polis Wants Democrats to Campaign on Free Trade
After years of trying to have it all ways on tariffs, Democrats are uniting in opposition to Trump’s global trade war.
www.politico.com
October 5, 2025 at 12:55 PM
Reposted by Victoria Guida
Q from @vtg2.bsky.social: As markets have questions about Trump's intentions w/ the Fed, what would you point to as signs that the FOMC is making decisions on the economic outlook not the political picture?

A [paraphrasing]: Listen to communications, "you would be able to tell".
September 17, 2025 at 6:54 PM
The Federal Reserve on Wednesday said it is cutting interest rates by a quarter of a percentage point in a bid to protect the weakening job market, a move that is unlikely to end President Donald Trump’s broadsides against the central bank.
www.politico.com/news/2025/09...
Fed cuts rates as Trump adviser Miran presses central bank to go bigger
It was the central bank's first rate cut in Trump's second term and comes after months of strident attacks by the president on Fed Chair Jerome Powell.
www.politico.com
September 17, 2025 at 6:37 PM
Reposted by Victoria Guida
1/ In a recent article, @conorsen.bsky.social suggested once the pool of unemployed gets big enough, managers will start ramping up layoffs.

In the two relevant recessions for which we have JOLTS data, the relevant threshold (to the degree one exists) was around 5%.

cc @weisenthal.bsky.social
September 12, 2025 at 5:04 PM
Reposted by Victoria Guida
The stakes are very high. Fed is “for cause” or “at will”
Wall Street has shrugged off President Trump’s attempt to Lisa Cook, even as the matter is destined to reach the Supreme Court.

But the Fed’s insulation from the president could eventually hinge on whether investors start to panic.

My latest column:
www.politico.com/news/magazin...
The Real Stakes in Trump’s Bid to Fire Lisa Cook
If the court gives Trump authority to decide the grounds on which Fed board members can be ousted, it could create a pathway to removing other central bank officials.
www.politico.com
September 11, 2025 at 5:54 PM
Wall Street has shrugged off President Trump’s attempt to Lisa Cook, even as the matter is destined to reach the Supreme Court.

But the Fed’s insulation from the president could eventually hinge on whether investors start to panic.

My latest column:
www.politico.com/news/magazin...
The Real Stakes in Trump’s Bid to Fire Lisa Cook
If the court gives Trump authority to decide the grounds on which Fed board members can be ousted, it could create a pathway to removing other central bank officials.
www.politico.com
September 11, 2025 at 5:47 PM