Michael Derby
@michaelsderby.bsky.social
Fed and economy reporter with @reuters.com, ex-Wall Street Journal. Failed musician, guitar holdout, I really like pedals.
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A thing said by a Fox Biz host during the Miran interview: "it goes back to whether or not the Federal Reserve is going to buy agency mortgage backed securities for the portfolio in an effort to drive down mortgage rates going into the midterm elections."
November 25, 2025 at 1:28 PM
A thing said by a Fox Biz host during the Miran interview: "it goes back to whether or not the Federal Reserve is going to buy agency mortgage backed securities for the portfolio in an effort to drive down mortgage rates going into the midterm elections."
Fox Biz keeps Miran on past a commerical break, seems unusual for these sorts of things.
November 25, 2025 at 1:18 PM
Fox Biz keeps Miran on past a commerical break, seems unusual for these sorts of things.
Meanwhile over at CBS...
"elevate charismatic figures such as Alan Dershowitz"
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November 25, 2025 at 1:16 PM
Meanwhile over at CBS...
Bessent takes aim at Fed's operating system: "BESSENT ON FED: 'AMPLE RESERVES REGIME' MIGHT BE FRAYING -CNBC"
November 25, 2025 at 1:08 PM
Bessent takes aim at Fed's operating system: "BESSENT ON FED: 'AMPLE RESERVES REGIME' MIGHT BE FRAYING -CNBC"
Reposted by Michael Derby
I wish I didn’t have to share this. But the BBC has decided to censor my first Reith Lecture.
They deleted the line in which I describe Donald Trump as “the most openly corrupt president in American history.” /1
They deleted the line in which I describe Donald Trump as “the most openly corrupt president in American history.” /1
November 25, 2025 at 9:26 AM
I wish I didn’t have to share this. But the BBC has decided to censor my first Reith Lecture.
They deleted the line in which I describe Donald Trump as “the most openly corrupt president in American history.” /1
They deleted the line in which I describe Donald Trump as “the most openly corrupt president in American history.” /1
Reposted by Michael Derby
Mayor-elect Mamdani references the "Ruthkanda forever" tweet
November 25, 2025 at 1:51 AM
Mayor-elect Mamdani references the "Ruthkanda forever" tweet
Musk’s political legacy and it took less than a year’s work.
November 25, 2025 at 12:38 AM
Musk’s political legacy and it took less than a year’s work.
Reposted by Michael Derby
Reposted by Michael Derby
musk agreeing with an explicitly eugenicist post
November 24, 2025 at 12:44 AM
musk agreeing with an explicitly eugenicist post
Oozing with Segway launch vibes.
Sam Altman and Jony Ive Say You'll Want to 'Lick' and 'Bite' Their New Hardware Prototype
Just what everyone is looking for.
gizmodo.com
November 24, 2025 at 9:44 PM
Oozing with Segway launch vibes.
Reposted by Michael Derby
The truly wild thing is this isn’t even true, a shit-ton of their oil reserves on paper are heavy tar sands and every US oil company will take one look at that at $80/bbl and walk away because it isn’t close to economically viable.
Rep. Salazar on Venezuela: "We're about to go in ... we need to go in ... Venezuela for the American oil companies will be a field day"
November 24, 2025 at 9:26 PM
The truly wild thing is this isn’t even true, a shit-ton of their oil reserves on paper are heavy tar sands and every US oil company will take one look at that at $80/bbl and walk away because it isn’t close to economically viable.
Reposted by Michael Derby
Cannabis officials courted a rising pot star to join New York’s legal market. Then a stunning police raid upended everything and shattered a family.
The ‘Godmother’ of Weed vs. Her Uncle, the DEA Agent
Cannabis officials courted a rising pot star to join New York’s legal market. Then a stunning police raid upended everything and shattered her family.
buff.ly
November 24, 2025 at 9:31 PM
Cannabis officials courted a rising pot star to join New York’s legal market. Then a stunning police raid upended everything and shattered a family.
Reposted by Michael Derby
Remember Andrew Wakefield?
Here he is with his friend RFK Jr. in 2020.
Wakefield is the guy behind the fraudulent, retracted MMR–autism study. He lost his medical license for subjecting autistic children to unnecessary invasive procedures.
Now, with Kennedy in power, he’s getting a second act.
Here he is with his friend RFK Jr. in 2020.
Wakefield is the guy behind the fraudulent, retracted MMR–autism study. He lost his medical license for subjecting autistic children to unnecessary invasive procedures.
Now, with Kennedy in power, he’s getting a second act.
November 24, 2025 at 4:36 PM
Remember Andrew Wakefield?
Here he is with his friend RFK Jr. in 2020.
Wakefield is the guy behind the fraudulent, retracted MMR–autism study. He lost his medical license for subjecting autistic children to unnecessary invasive procedures.
Now, with Kennedy in power, he’s getting a second act.
Here he is with his friend RFK Jr. in 2020.
Wakefield is the guy behind the fraudulent, retracted MMR–autism study. He lost his medical license for subjecting autistic children to unnecessary invasive procedures.
Now, with Kennedy in power, he’s getting a second act.
Reposted by Michael Derby
The orders for the killing spree at sea are so legal that the administration refuses to disclose the written legal justification...
Leavitt: "Not a single order this president or administration has given to our military has ever been illegal, nor will it ever be. This administration respects and abides by the law."
November 24, 2025 at 8:29 PM
The orders for the killing spree at sea are so legal that the administration refuses to disclose the written legal justification...
Reposted by Michael Derby
We really do have two different kinds of law now: District Court law (aka the law), and Supreme Court "law" (aka the U.S. House of Lords upholding Trump's personalist regime)
I don’t know what the Supreme Court will do, but I am confident that at the District Court level it is still the case that the Pentagon cannot recall a sitting US Senator to active duty in order to court martial him for something he said. Article 1, Section 6, among other constitutional provisions.
November 24, 2025 at 6:04 PM
We really do have two different kinds of law now: District Court law (aka the law), and Supreme Court "law" (aka the U.S. House of Lords upholding Trump's personalist regime)
Historian @petercontibrown.bsky.social on Warsh as Fed chair after recent op-ed praising Trump, pushing for rate cuts: "Warsh’s op-ed in the Wall Street Journal is hard to read. I mean that quite literally. I really don’t quite know what his point is."
Monday links: Does the Fed have "Broken Leadership?"
Thoughts on arguments that no one should take seriously from Kevin Warsh, the debates about bank supervision, the abuse of US sanctions, and a preliminary report on the Philadelphia Marathon
petercontibrown.substack.com
November 24, 2025 at 7:18 PM
Historian @petercontibrown.bsky.social on Warsh as Fed chair after recent op-ed praising Trump, pushing for rate cuts: "Warsh’s op-ed in the Wall Street Journal is hard to read. I mean that quite literally. I really don’t quite know what his point is."
Fresh off defeat for NYC mayor, Cuomo eyeing another shot at elected office?
November 24, 2025 at 7:09 PM
Fresh off defeat for NYC mayor, Cuomo eyeing another shot at elected office?
Reposted by Michael Derby
More than 20 percent of students stayed home from school in Charlotte as President Trump’s immigration crackdown hit the city.
One wore a tag that read “I’m a U.S. citizen”; another carried an American passport to elementary school.
One wore a tag that read “I’m a U.S. citizen”; another carried an American passport to elementary school.
In cities targeted by ICE, empty desks and school disruptions follow
One in five students in Charlotte missed school after a recent ICE crackdown began. It’s the latest city where schools felt the impact of Trump’s deportation effort.
www.washingtonpost.com
November 24, 2025 at 7:00 PM
More than 20 percent of students stayed home from school in Charlotte as President Trump’s immigration crackdown hit the city.
One wore a tag that read “I’m a U.S. citizen”; another carried an American passport to elementary school.
One wore a tag that read “I’m a U.S. citizen”; another carried an American passport to elementary school.
The former astronaut fires back.
November 24, 2025 at 6:59 PM
The former astronaut fires back.
Reposted by Michael Derby
Donald Trump's revenge indictments are gone.
A judge also says Lindsey Halligan isn't really the U.S. attorney of EDVA.
And as if that's not enough, the judge says *local judges* will choose her replacement.
A stunning rebuke of Trump's vengeance tour.
@notus.com:
www.notus.org/courts/linds...
A judge also says Lindsey Halligan isn't really the U.S. attorney of EDVA.
And as if that's not enough, the judge says *local judges* will choose her replacement.
A stunning rebuke of Trump's vengeance tour.
@notus.com:
www.notus.org/courts/linds...
Judge Dismisses Comey and James Indictments, Says Lindsey Halligan Had ‘No Lawful Authority’ to Bring Them
The judge ruled that Halligan has no prosecutorial authority; therefore, the grand jury presentations were never valid.
www.notus.org
November 24, 2025 at 6:23 PM
Donald Trump's revenge indictments are gone.
A judge also says Lindsey Halligan isn't really the U.S. attorney of EDVA.
And as if that's not enough, the judge says *local judges* will choose her replacement.
A stunning rebuke of Trump's vengeance tour.
@notus.com:
www.notus.org/courts/linds...
A judge also says Lindsey Halligan isn't really the U.S. attorney of EDVA.
And as if that's not enough, the judge says *local judges* will choose her replacement.
A stunning rebuke of Trump's vengeance tour.
@notus.com:
www.notus.org/courts/linds...
Reposted by Michael Derby
Doing some reading up on this - and you know who the Pentagon didn't go after? Jan. 6 offenders who were retired military. www.pbs.org/wgbh/frontli...
November 24, 2025 at 6:24 PM
Doing some reading up on this - and you know who the Pentagon didn't go after? Jan. 6 offenders who were retired military. www.pbs.org/wgbh/frontli...
You gotta figure there's a booming market for that insurance people in government get to deal with litigation right now.
November 24, 2025 at 6:17 PM
You gotta figure there's a booming market for that insurance people in government get to deal with litigation right now.
Reposted by Michael Derby
I suspect that the UK and Japan have the same sort of political pathologies: an electorate that basically hates migration at the same time the political-economic system requires labour as a means of staying competitive.
Japan’s labor market and social welfare challenges demand foreign labor, yet the current political framing from Takaichi's new government treats foreigners as a social problem, writes Stefan Aichholzer in his analysis:
Foreigner fatigue and Japan’s new populism
Japan’s new government under Prime Minister Takaichi Sanae of the Liberal Democratic Party (LDP), and its partnership with the populist Japan Innovation Party (Nippon Ishin no Kai), raises significant...
www.tokyoreview.net
November 24, 2025 at 3:35 PM
I suspect that the UK and Japan have the same sort of political pathologies: an electorate that basically hates migration at the same time the political-economic system requires labour as a means of staying competitive.
Reposted by Michael Derby
One sign Trump is in deep trouble? Even Republicans don't believe his spin on prices. A CBS poll showed
-4 in 10 Republicans say Trump making affordability sound better than it actually is
-25% of Republicans disapprove of how he's handling inflation.
www.independent.co.uk/news/world/a...
-4 in 10 Republicans say Trump making affordability sound better than it actually is
-25% of Republicans disapprove of how he's handling inflation.
www.independent.co.uk/news/world/a...
Four in 10 Republicans say Trump is sugarcoating prices and the one cost killing them
Two new polls show that most in US say Trump makes concern over prices and the cost of living sound rosier than it is and they list housing, health care, groceries and utilities as top concerns
www.independent.co.uk
November 24, 2025 at 6:14 PM
One sign Trump is in deep trouble? Even Republicans don't believe his spin on prices. A CBS poll showed
-4 in 10 Republicans say Trump making affordability sound better than it actually is
-25% of Republicans disapprove of how he's handling inflation.
www.independent.co.uk/news/world/a...
-4 in 10 Republicans say Trump making affordability sound better than it actually is
-25% of Republicans disapprove of how he's handling inflation.
www.independent.co.uk/news/world/a...
Reposted by Michael Derby
A disabled child’s mom reported him missing. He was in federal custody for 48 days. 19thnews.org/2025/11/disa... via @19thnews.org
A disabled child’s mom reported him missing. He was in federal custody for 48 days.
When Emmanuel Gonzalez walked away from his mom’s fruit stand in October, Houston Police called ICE instead of reuniting them.
19thnews.org
November 24, 2025 at 4:52 PM
A disabled child’s mom reported him missing. He was in federal custody for 48 days. 19thnews.org/2025/11/disa... via @19thnews.org