Michael McKee
@mckonomy.bsky.social
International economics and policy for Bloomberg.
And some snark
Usually 35,000 feet above somewhere ✈️
And some snark
Usually 35,000 feet above somewhere ✈️
House Financial Services Chair French Hill tells CNBC there may be no Humphrey-Hawkins testimony this year. "I anticipate Chairman Powell will not testify before the House and Senate in February because of this grand jury empanelment accusing him of perjury."
January 14, 2026 at 1:00 PM
House Financial Services Chair French Hill tells CNBC there may be no Humphrey-Hawkins testimony this year. "I anticipate Chairman Powell will not testify before the House and Senate in February because of this grand jury empanelment accusing him of perjury."
Economic outlook from $JPM CEO Jamie Dimon:
“The U.S. economy has remained resilient. While labor markets have softened, conditions do not appear to be worsening. Meanwhile, consumers continue to spend, and businesses generally remain healthy. 1/3
“The U.S. economy has remained resilient. While labor markets have softened, conditions do not appear to be worsening. Meanwhile, consumers continue to spend, and businesses generally remain healthy. 1/3
January 13, 2026 at 11:59 AM
Economic outlook from $JPM CEO Jamie Dimon:
“The U.S. economy has remained resilient. While labor markets have softened, conditions do not appear to be worsening. Meanwhile, consumers continue to spend, and businesses generally remain healthy. 1/3
“The U.S. economy has remained resilient. While labor markets have softened, conditions do not appear to be worsening. Meanwhile, consumers continue to spend, and businesses generally remain healthy. 1/3
NY Fed President John Williams defends @federalreserve.gov Chair Jay Powell in remarks at the Council on Foreign Relations. Powell is "completely dedicated" to the Fed and is "a man of impeccable integrity," Williams says
January 12, 2026 at 11:17 PM
NY Fed President John Williams defends @federalreserve.gov Chair Jay Powell in remarks at the Council on Foreign Relations. Powell is "completely dedicated" to the Fed and is "a man of impeccable integrity," Williams says
The Trump->Silicon Valley connection continues. $META has appointed Dina Powell McCormick as president. A former Trump advisor and Goldman Sachs executive, she is married to Pennsylvania Republican Senator David McCormick.
January 12, 2026 at 1:48 PM
The Trump->Silicon Valley connection continues. $META has appointed Dina Powell McCormick as president. A former Trump advisor and Goldman Sachs executive, she is married to Pennsylvania Republican Senator David McCormick.
Reposted by Michael McKee
Some countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.
January 12, 2026 at 2:01 AM
Some countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.
The Powell video is completely against the historical Fed playbook for dealing with bad news. The Chair has to be very angry.
Trump now denying any knowledge of it to NBC News. Deniability/Pirro freelancing? He said recently they were thinking of bringing suit against Powell.
Trump now denying any knowledge of it to NBC News. Deniability/Pirro freelancing? He said recently they were thinking of bringing suit against Powell.
January 12, 2026 at 2:16 AM
The Powell video is completely against the historical Fed playbook for dealing with bad news. The Chair has to be very angry.
Trump now denying any knowledge of it to NBC News. Deniability/Pirro freelancing? He said recently they were thinking of bringing suit against Powell.
Trump now denying any knowledge of it to NBC News. Deniability/Pirro freelancing? He said recently they were thinking of bringing suit against Powell.
*POWELL: DOJ SERVED FED WITH SUBPOENAS, THREATENING INDICTMENT
www.federalreserve.gov/newsevents/s...
www.federalreserve.gov/newsevents/s...
Statement from Federal Reserve Chair Jerome H. Powell
Good evening. On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testi
www.federalreserve.gov
January 12, 2026 at 1:02 AM
*POWELL: DOJ SERVED FED WITH SUBPOENAS, THREATENING INDICTMENT
www.federalreserve.gov/newsevents/s...
www.federalreserve.gov/newsevents/s...
This... is a jacket. Of some sort.
January 11, 2026 at 9:24 PM
This... is a jacket. Of some sort.
The devastating news of Bob Weir's death continues the worst January in memory. He represented so much to so many.
Fare-thee-well now
Let your life proceed by its own design
Nothing to tell now
Let the words be yours, I'm done with mine
Fare-thee-well now
Wheel to the storm and fly
Fare-thee-well now
Let your life proceed by its own design
Nothing to tell now
Let the words be yours, I'm done with mine
Fare-thee-well now
Wheel to the storm and fly
January 11, 2026 at 12:03 AM
The devastating news of Bob Weir's death continues the worst January in memory. He represented so much to so many.
Fare-thee-well now
Let your life proceed by its own design
Nothing to tell now
Let the words be yours, I'm done with mine
Fare-thee-well now
Wheel to the storm and fly
Fare-thee-well now
Let your life proceed by its own design
Nothing to tell now
Let the words be yours, I'm done with mine
Fare-thee-well now
Wheel to the storm and fly
Terrible news. Rest in peace, Bobby. www.rollingstone.com/music/music-...
Bob Weir, Grateful Dead Co-Founder, Dead at 78
Bob Weir, the singer-guitarist who co-founded the Grateful Dead and later found success with Dead & Company, has died at age 78.
www.rollingstone.com
January 10, 2026 at 11:55 PM
Terrible news. Rest in peace, Bobby. www.rollingstone.com/music/music-...
Things that are true:
1) Indiana is playing at a level we haven't seen in a long time. If you live in Indiana, it's a level you've never seen.
2) Despite what Trump says, mortgage rates are not 5.75%
3) Trump does not have the authority to cap credit card rates
4) Good time to be a Hoosier fan
1) Indiana is playing at a level we haven't seen in a long time. If you live in Indiana, it's a level you've never seen.
2) Despite what Trump says, mortgage rates are not 5.75%
3) Trump does not have the authority to cap credit card rates
4) Good time to be a Hoosier fan
January 10, 2026 at 4:50 AM
Things that are true:
1) Indiana is playing at a level we haven't seen in a long time. If you live in Indiana, it's a level you've never seen.
2) Despite what Trump says, mortgage rates are not 5.75%
3) Trump does not have the authority to cap credit card rates
4) Good time to be a Hoosier fan
1) Indiana is playing at a level we haven't seen in a long time. If you live in Indiana, it's a level you've never seen.
2) Despite what Trump says, mortgage rates are not 5.75%
3) Trump does not have the authority to cap credit card rates
4) Good time to be a Hoosier fan
He wins. Google him.
January 10, 2026 at 4:09 AM
He wins. Google him.
This is cruel at this point
January 10, 2026 at 3:51 AM
This is cruel at this point
Actually he did not say he would do that. He's just calling for that. And it's not going to happen.
🚨 FRIDAY NIGHT NEWS: President Donald Trump on Friday announced that he would put a temporary cap on credit card interest rates with a limit of 10 percent, in line with an idea he floated on the campaign trail.
www.politico.com/news/2026/01...
www.politico.com/news/2026/01...
Trump says he will temporarily cap credit card rates
He said there would be a one-year cap on credit card rates as of Jan. 20.
www.politico.com
January 10, 2026 at 3:43 AM
Actually he did not say he would do that. He's just calling for that. And it's not going to happen.
👇🏻
Not going to explain the 10% credit card interest cap thing because it’s never going to happen, don’t waste your time thinking about it.
January 10, 2026 at 3:40 AM
👇🏻
It's almost hard to believe how much Indiana is dominating this game.
January 10, 2026 at 3:39 AM
It's almost hard to believe how much Indiana is dominating this game.
Really. The ref should stop the fight.
January 10, 2026 at 2:48 AM
Really. The ref should stop the fight.
Reposted by Michael McKee
Indiana has the Mandate of Heaven
January 10, 2026 at 1:50 AM
Indiana has the Mandate of Heaven
Wow. Indiana
(Did I say that already?)
(Did I say that already?)
January 10, 2026 at 1:59 AM
Wow. Indiana
(Did I say that already?)
(Did I say that already?)
Major props to I Diana's receivers. They're holding on to everything.
January 10, 2026 at 1:56 AM
Major props to I Diana's receivers. They're holding on to everything.
Advantage, Indiana defense
January 10, 2026 at 1:40 AM
Advantage, Indiana defense
Ok, Oregon D shows up, hard
January 10, 2026 at 1:36 AM
Ok, Oregon D shows up, hard
And bang - Indiana answers. Both teams, known for good defense, not showing it.
January 10, 2026 at 1:17 AM
And bang - Indiana answers. Both teams, known for good defense, not showing it.