andrewbkaras.bsky.social
@andrewbkaras.bsky.social
Reposted
EVERCORE: ".. This is the first time Powell has decided to fight back. We are stunned by this deeply disturbing development .. the administration and the central bank are now in open war –- something Powell and .. Bessent have tried strenuously to avoid. .. This is unambiguously risk off."
January 12, 2026 at 11:59 AM
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The Fed and markets have a very serious problem
ft.com/content/21b5...
January 12, 2026 at 7:22 AM
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This is the sort of statement that was expected from every university president and law firm partner over the last year. That those statements weren’t made played a huge part in where we are now and people will remember.
Jerome Powell: "This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation."
January 12, 2026 at 1:45 AM
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If the old robber barons like Rockefeller and J.P. Morgan had a stock ticker showing them nonstop insults from the hoi polloi they too would send the Pinkertons into random Midwestern cities to get into fights with locals.
January 12, 2026 at 1:04 AM
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They have to know it’s a tactical error to be this aggressive a week before Trump v. Cook. But they just don’t care.
It is wild that the Supreme Court & FedSoc lawyers who all embraced the unitary executive theory on steroids never seemed to think about what would happen to the Fed.
January 12, 2026 at 1:27 AM
This farcical prosecution of Powell may hurt the White House’s case against Lisa Cook too (which is hopefully doomed anyway)
January 12, 2026 at 12:41 AM
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In a video on Sunday, Powell defends himself and questions the investigation's motives:

"The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President."
NEW: Federal prosecutors have opened up a criminal investigation into Fed chair Powell over the central bank’s renovation of its Washington headquarters and whether Powell lied to Congress about the scope of the project

www.nytimes.com/2026/01/11/u... @nytimes.com
Federal Prosecutors Are Said to Have Opened Inquiry Into Fed Chair Powell
www.nytimes.com
January 12, 2026 at 12:32 AM
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The Iranian government’s violent crackdown on demonstrators is horrific and must stop now. All people have the right to protest their government without fear of violence. I support the Iranians taking to the streets to call for a better future.
January 11, 2026 at 9:45 PM
Pretty big turnout for Manhattan’s Ice Out protest today
January 11, 2026 at 7:41 PM
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Thus, the fastest way to boost the job market would be for the Supreme Court to declare the reciprocal tariffs unlawful and for lawmakers to let them become a thing of the past.
January 11, 2026 at 6:28 PM
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There is a lever that isn't named yet that the EU has to pull if they want to hurt the US - ASML. Their photolithography tech is a requirement for any advanced chip manufacturing, and they're complex enough ASML is on site to make sure they work. Ban export and service and US chip making dies.
January 11, 2026 at 4:40 AM
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This is huge: Under Governor Kathy Hochul and Mayor Zohran Mamdani’s leadership, every family with a 2-year-old in New York City will get access to the child care they need and deserve.
January 11, 2026 at 3:54 PM
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realistically i *think* this probably ends with Rubio bringing down tensions and saying that a post-independence Greenland should be associated with the United States

but the fact that Euros are preparing for Big Tech sanctions is genuinely "shit's fucked" territory
Not saying this means it’s a nothing-burger but the most liquid 24/7 market (Bitcoin) isn’t moving at all on these UK press headlines. I find that somewhat surprising!
January 11, 2026 at 3:46 AM
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Philadelphia sheriff Rochelle Bilal:

“No law enforcement professional wears a mask…No law enforcement professional shoots at a moving vehicle.

“What Trump’s private army is doing…is not only against legal law, but moral law.”

Vows to arrest agents on site who commit crimes.
January 9, 2026 at 10:11 PM
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Also, by their own standards, the cops protecting the Capitol on Jan 6 should have opened fire all over.
January 10, 2026 at 11:25 PM
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"The question that you're basically asking is, can our cops arrest them? From a legal perspective, yes. From a practical perspective...they have bigger guns than we do." That's where we're at.

Look out for @mayorjacobfrey.bsky.social on today's Bulwark Podcast with @timmiller.bsky.social!
January 9, 2026 at 6:37 PM
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Ronald Lauder, a close associate of Trump, now holds rights to the Dobra lithium deposit in central Ukraine, NYT says citing sources.

Lauder is Trump's longtime ally who initially floated him the idea of buying Greenland.
euromaidanpress.com/2026/01/10/f...
January 10, 2026 at 1:38 AM
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Does this mean the US are actively preparing to invade Greenland?

youtube.com/shorts/1_HNY...
Why are US Ghostrider gunships arriving in the UK?
YouTube video by BFBS Forces News
youtube.com
January 10, 2026 at 1:07 AM
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That was my takeaway too. She's clearly turning the wheel to her right.

I've slowed the video down here.
January 9, 2026 at 7:35 PM
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Here's a strategy to convince the Bears to stay at Soldier Field, that would also make it easier to access many other destinations across the region. Build a connection between the MED and South Shore corridor and Union Station via the St. Charles Air Line Bridge.
chi.streetsblog.org/2026/01/07/t...
January 8, 2026 at 7:54 PM
JD Vance is going to hell
January 9, 2026 at 7:27 PM
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Despite how fucking insane the past week or so has been, Senate Democrats got a war powers resolution through from the minority & House Democrats got a 7th discharge petition through & are about to pass extending the ACA subsidies with a sizable chunk of Republicans despite being in the minority.
January 8, 2026 at 7:24 PM
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If Trump and Vance were truly confident in their (false) narrative around the ICE killing in Minneapolis, they’d allow a joint investigation with state law enforcement.
January 8, 2026 at 8:36 PM
Sorry who buy what?
January 8, 2026 at 9:44 PM