Steve Matthews
@stevematthews12.bsky.social
Ex-Bloomberg journalist.
There are a stunning number of US citizens treated as criminals by ICE for no other reason than they are brown or Asian. Some have been injured and others kept in prison for days without access to lawyers.
open.substack.com/pub/harrylit...
open.substack.com/pub/harrylit...
When ICE Roughs Up American Citizens
A ProPublica report documents scores of unlawful arrests of U.S. citizens and points to widespread abuses by ICE
open.substack.com
November 4, 2025 at 5:49 PM
There are a stunning number of US citizens treated as criminals by ICE for no other reason than they are brown or Asian. Some have been injured and others kept in prison for days without access to lawyers.
open.substack.com/pub/harrylit...
open.substack.com/pub/harrylit...
Reposted by Steve Matthews
Kavanaugh will burn in hell
ICE violently detain father & son walking to school—teenage boy had to be rushed to hospital.
"I was just going to school," kid cries out. "I'm underage!"
The 16-year-old star athlete is a U.S. citizen—agents sent him to the hospital with severe injuries to his back & neck.
Houston, Texas.
"I was just going to school," kid cries out. "I'm underage!"
The 16-year-old star athlete is a U.S. citizen—agents sent him to the hospital with severe injuries to his back & neck.
Houston, Texas.
October 28, 2025 at 2:35 AM
Kavanaugh will burn in hell
Reposted by Steve Matthews
ROSENBERG: Today’s Univ of Michigan consumer confidence was “the third decline in a row .. the lowest since last May. This is in the lowest 1% share of readings of all time!
“.. Auto and home buying plans have only been as weak as they are today less than 5% of the time in the past.”
“.. Auto and home buying plans have only been as weak as they are today less than 5% of the time in the past.”
October 24, 2025 at 5:23 PM
ROSENBERG: Today’s Univ of Michigan consumer confidence was “the third decline in a row .. the lowest since last May. This is in the lowest 1% share of readings of all time!
“.. Auto and home buying plans have only been as weak as they are today less than 5% of the time in the past.”
“.. Auto and home buying plans have only been as weak as they are today less than 5% of the time in the past.”
Reposted by Steve Matthews
Atlanta residents are much more negative about the economy than they were in Trump’s first term: www.ajc.com/business/202...
October 24, 2025 at 5:52 PM
Atlanta residents are much more negative about the economy than they were in Trump’s first term: www.ajc.com/business/202...
Massive price increases on health insurance from the Affordable Care Act unless Congress acts. www.ajc.com/news/2025/10...
Massive ACA price hikes revealed as Georgia Access window shopping opens early
Some premium prices are more than tripling as ACA pandemic-era subsidies expire nationwide. The issue prompted the congressional shutdown.
www.ajc.com
October 10, 2025 at 1:34 PM
Massive price increases on health insurance from the Affordable Care Act unless Congress acts. www.ajc.com/news/2025/10...
It’s disgraceful that. CEOs are caving in to an increasingly authoritarian regime rather than speaking out for democracy. Any leaders who speak out would be helping the cause of democracy and ultimately the economy.
September 22, 2025 at 1:37 PM
It’s disgraceful that. CEOs are caving in to an increasingly authoritarian regime rather than speaking out for democracy. Any leaders who speak out would be helping the cause of democracy and ultimately the economy.
A substack writer looks at Bill Pulte’s background
open.substack.com/pub/keubiko/...
open.substack.com/pub/keubiko/...
Bill PPPulte's PPP PPProblem?
"The dildo doth protest too much, methinks" - Hamlet
open.substack.com
September 17, 2025 at 12:23 AM
A substack writer looks at Bill Pulte’s background
open.substack.com/pub/keubiko/...
open.substack.com/pub/keubiko/...
Reposted by Steve Matthews
Another blow to the case trying to unseat Fed Gov. Cook: “The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn’t broken rules for tax breaks on a home there that Cook declared her primary residence.” Via Reuters
Exclusive: No evidence of primary residence violation by Fed Gov Lisa Cook, says Michigan official
The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn’t broken rules for tax breaks on a home there that Cook declared her primary residence.
www.reuters.com
September 15, 2025 at 9:32 PM
Another blow to the case trying to unseat Fed Gov. Cook: “The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn’t broken rules for tax breaks on a home there that Cook declared her primary residence.” Via Reuters
Reposted by Steve Matthews
Fox defense reporter notes no U.S. response or role in Russia's violation of Poland's border.
September 10, 2025 at 2:55 PM
Fox defense reporter notes no U.S. response or role in Russia's violation of Poland's border.
People can get into a $TSLA but they can’t get out . Seems like a big problem.
www.bloomberg.com/features/202...
www.bloomberg.com/features/202...
Trapped Inside: Tesla’s Dangerous Doors
When Teslas lose power, crashes can turn into deadly races against time.
www.bloomberg.com
September 10, 2025 at 3:53 PM
People can get into a $TSLA but they can’t get out . Seems like a big problem.
www.bloomberg.com/features/202...
www.bloomberg.com/features/202...
Lisa Cook can continue in her job , at least for now.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Trump Can’t Fire Fed Governor Lisa Cook for Now, Judge Says
A judge temporarily blocked President Donald Trump from removing Federal Reserve Governor Lisa Cook, allowing her to remain on the job as she challenges the president’s efforts to oust her over allega...
www.bloomberg.com
September 10, 2025 at 2:32 AM
Lisa Cook can continue in her job , at least for now.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Steve Matthews
NEW: Trump has targeted political foes — including Federal Reserve governor Lisa Cook — for claiming more than one primary residence on their loan papers.
But ProPublica found that at least three of the president’s Cabinet members have done the same thing.
But ProPublica found that at least three of the president’s Cabinet members have done the same thing.
Trump Is Accusing Foes With Multiple Mortgages of Fraud. Records Show 3 of His Cabinet Members Have Them.
The White House has targeted opponents, including a Fed governor, for having more than one primary residence on their loan papers. ProPublica found that, in one case, a Trump cabinet secretary got two...
www.propublica.org
September 4, 2025 at 7:18 PM
NEW: Trump has targeted political foes — including Federal Reserve governor Lisa Cook — for claiming more than one primary residence on their loan papers.
But ProPublica found that at least three of the president’s Cabinet members have done the same thing.
But ProPublica found that at least three of the president’s Cabinet members have done the same thing.
Reposted by Steve Matthews
NYT: “We are no longer in the muzzle velocity stage of this presidency. We are in the authoritarian consolidation stage of this presidency.”
Opinion | Stop Acting Like This Is Normal
www.nytimes.com
September 7, 2025 at 3:54 PM
NYT: “We are no longer in the muzzle velocity stage of this presidency. We are in the authoritarian consolidation stage of this presidency.”
Really good analysis of the Fed's and Chair Powell's failure to respond to the efforts to undermine central bank independence.
NEW PIECE: Powell and the Federal Reserve System has already failed to meet the moment and not defending Lisa Cook will seal both Powell's and the Fed's fate.
www.crisesnotes.com/powell-will-...
www.crisesnotes.com/powell-will-...
Powell Will Hang Separately: The Federal Reserve Has Already Failed its Duty to Lisa Cook and the Constitution
This is a free Notes on the Crises article. A reminder to readers that the various activities run out of the still-new Notes on the Crises office cost money, while an enormous amount of time and effor...
www.crisesnotes.com
August 29, 2025 at 12:19 PM
Really good analysis of the Fed's and Chair Powell's failure to respond to the efforts to undermine central bank independence.
Reposted by Steve Matthews
Bloodbath at the CDC as its director is ousted after defending science and vaccines against the anti-vax nuts st Trump’s HHS.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
CDC Director Susan Monarez Has Been Ousted Weeks Into Tenure
The Trump Administration moved to oust US Centers for Disease Control and Prevention Director Susan Monarez just weeks into her tenure, and several senior leaders have resigned, as disputes with Healt...
www.bloomberg.com
August 28, 2025 at 1:38 AM
Bloodbath at the CDC as its director is ousted after defending science and vaccines against the anti-vax nuts st Trump’s HHS.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Fed Chair Powell, who loses his chairmanship in May, should stay on as a Fed governor through 2028 to rescue central bank independence.
—Claudia Sahm
www.bloomberg.com/opinion/arti...
—Claudia Sahm
www.bloomberg.com/opinion/arti...
The Fed Shouldn’t Take the Political Bait
The central bank can’t win a fight with the White House, but it can and should do a better job explaining its role.
www.bloomberg.com
August 27, 2025 at 12:51 PM
Fed Chair Powell, who loses his chairmanship in May, should stay on as a Fed governor through 2028 to rescue central bank independence.
—Claudia Sahm
www.bloomberg.com/opinion/arti...
—Claudia Sahm
www.bloomberg.com/opinion/arti...
That Trump is trying and succeeding to seize power like an authoritarian dictator seems like it’s essential context for considering the Fed power play. It’s not like the effort to oust Cook is happening in a vacuum.
Credit where it’s due: this Times story is pretty blunt about what Trump’s doing and a lot better than a lot of its recent output www.nytimes.com/2025/08/26/u...
August 27, 2025 at 3:28 AM
That Trump is trying and succeeding to seize power like an authoritarian dictator seems like it’s essential context for considering the Fed power play. It’s not like the effort to oust Cook is happening in a vacuum.
Reposted by Steve Matthews
Credit where it’s due: this Times story is pretty blunt about what Trump’s doing and a lot better than a lot of its recent output www.nytimes.com/2025/08/26/u...
August 27, 2025 at 1:42 AM
Credit where it’s due: this Times story is pretty blunt about what Trump’s doing and a lot better than a lot of its recent output www.nytimes.com/2025/08/26/u...
Trump is trying very hard to destroy central bank independence. I would guess the Fed will be successful in resisting this, but there’s no guarantee. Lisa Cook needs to fight the wrongful attempt to fire her.
August 26, 2025 at 12:32 AM
Trump is trying very hard to destroy central bank independence. I would guess the Fed will be successful in resisting this, but there’s no guarantee. Lisa Cook needs to fight the wrongful attempt to fire her.
Reposted by Steve Matthews
This framing is wildly irresponsible—the world is left with only bad options because Trump has entered into an unconditional alliance with Putin that is not supported by the American people or even the Republican Party. Trump is choosing authoritarianism over rule of law and western alliances
August 17, 2025 at 10:00 PM
This framing is wildly irresponsible—the world is left with only bad options because Trump has entered into an unconditional alliance with Putin that is not supported by the American people or even the Republican Party. Trump is choosing authoritarianism over rule of law and western alliances
Jim Bullard enters the Fed search list of candidates.
Exclusive: Trump’s team is expanding its search for the next Fed chair and is now reviewing a list of about 10 contenders
Exclusive | Trump’s Team Expands Search for Fed Chair, Adding New Names to List
The president’s advisers are reviewing new contenders, including former St. Louis Fed President James Bullard and Marc Sumerlin, a former George W. Bush adviser.
on.wsj.com
August 8, 2025 at 7:41 PM
Jim Bullard enters the Fed search list of candidates.
Reposted by Steve Matthews
Market reaction to Bloomberg’s Waller report tells you a lot about the dynamics in play. The dollar climbed and 30-year yields tumbled, suggesting that investor worries about the Fed’s independence are real and significant:
August 7, 2025 at 3:56 PM
Market reaction to Bloomberg’s Waller report tells you a lot about the dynamics in play. The dollar climbed and 30-year yields tumbled, suggesting that investor worries about the Fed’s independence are real and significant:
Reposted by Steve Matthews
J.P. Morgan's Michael Feroli on Trump BLS chief firing: "The risk of politicizing the data collection process should not be overlooked. ...Having a flawed instrument panel can be just as dangerous as having an obediently partisan pilot," adds private sources cannot bridge the gap.
August 4, 2025 at 5:00 PM
J.P. Morgan's Michael Feroli on Trump BLS chief firing: "The risk of politicizing the data collection process should not be overlooked. ...Having a flawed instrument panel can be just as dangerous as having an obediently partisan pilot," adds private sources cannot bridge the gap.
Reposted by Steve Matthews
“.. This is the kind of thing you would only expect to see in a banana republic,” Ms. Yellen said.
@bencasselman.bsky.social
www.nytimes.com/2025/08/03/b...
@bencasselman.bsky.social
www.nytimes.com/2025/08/03/b...
August 4, 2025 at 11:16 AM
“.. This is the kind of thing you would only expect to see in a banana republic,” Ms. Yellen said.
@bencasselman.bsky.social
www.nytimes.com/2025/08/03/b...
@bencasselman.bsky.social
www.nytimes.com/2025/08/03/b...