SCOTUS has consistently enabled POTUS’ firings of officials at will without signaling a serious limiting principle. Not a surprise Trump keeps testing the waters as far as he can go. Independent statistical agencies are more important than an independent central bank

Erika McEntarfer has devoted her career to public service. She has conducted herself as BLS Commissioner with great integrity. There is no evidence whatsoever that BLS data are politically biased. By incorrectly asserting that the data are biased, President Trump is undermining

The totally groundless firing of Dr. Erika McEntarfer, my successor as Commissioner of Labor Statistics at BLS, sets a dangerous precedent and undermines the statistical mission of the Bureau. For a full statement opposing this move, read: friendsofbls.org/updates/2025/8…

New from The Budget Lab: the combined effect of Trump’s “Big Beautiful Bill” and his tariffs leave the bottom 90% of America poorer on average, with only the top 10% of America better off.

Combining official CBO distributional analysis and Yale Budget Lab tariff analysis: - All of lower 90% on average will be worse off. - Every decile making $143K or less will be more than $1000 worse off. - 10% most well off will be up $8K on average. Top 1% up far more.

These are the kids that we bring for medical care they cannot get back in Gaza. Four year-old Adam lost his leg and parents in a bombing, and two year-old Seedra came for orthopedic surgery and will be fitted with artificial legs. She was born with a birth defect and has to have

Big test coming up for Fed lawyers and public affairs. Do they care about principle, or do they only care about the Chairman?

Dear journalists: The President has not fired Lisa Cook. The President is *trying* to illegally fire her. Your words shape people’s reality. Please be accurate in your reporting.

The move to fire Lisa Cook tonight is pure intimidation politics. And in this case, intimidation will literally cost us as financial markets price in a cowed central bank. paulkrugman.substack.com/p/we-are-all-l…

This action by Dr. Lisa D. Cook is courageous, principled, and deserves broad support.

We Are All Lisa Cook Paul Krugman says it all and he is right. open.substack.com/pub/paulkrugma…

Rather than take equity positions in private companies, perhaps the government could confiscate ~20% of pre-tax earnings. And then when it comes to control, Congress could pass laws governing corporate behavior.

(Thread) Dems do not need histrionics to make the economic case against Donald J. Trump & JD Vance. Just the facts, man. Blanket tariffs, deportation of law abiding immigrants, firing of independent officials & attack on universities & corporations is leading to stagflation.

Barclays now is predicting a 50% chance of recession by 2027 & core inflation is high. Recent graduates are struggling to find a job. The dollar has been destabilized & long term bond yields are high b/c of an eroding trust in government, including deficit exploding laws.

A massive betrayal of the 25,000+ Americans who explained to FTC how noncompetes keep people trapped and coerced, undermining basic freedoms. Another clear sign that, despite its rhetoric, this administration is deeply hostile to American workers.

We’ve just updated our spending by income group data for the second quarter of 2025, based on the Federal Reserve’s Financial Accounts and Survey of Consumer Finance. Looking at the data, it’s not a mystery why most Americans feel like the economy isn’t working for them. For

This is a key insight into the US economy right now: The bottom 80% of households are just barely keeping their spending up with inflation. Meanwhile, the top 20% are doing just fine and growing their spending.

Rural Georgia hospital plans to close its labor and delivery unit, in part due to Medicaid cuts in the #GOP Big Ugly Bill that provided tax cuts for #Billionaires. georgiarecorder.com/2025/09/17/rur…

One day, the world is going to ask how Israel was allowed to commit genocide and there will see messages like this proving that people knew and just did nothing

NEW: Every living former Fed chair (Greenspan, Bernanke, Yellen) ... have joined several former Treasury secretaries (Rubin, Summers, Paulson, Geithner, Lew) ... and CEA chairs (Hubbard, Mankiw, Romer, Furman, Rouse, Bernstein) who served presidents of both parties ... in an