@geetaminocha.bsky.social
x: @geeta_minocha
ig: @geetaminocha
tt: @geeta101010
ig: @geetaminocha
tt: @geeta101010
USD’s depreciation against the Swiss Franc (10 yr low!) is the most interesting, potentially significant shift imo
CHF investment surges when the market internalizes EU/US turmoil. Ex: early 2008, early COVID, etc. Suggests something is on the horizon
Currency markets matter!
CHF investment surges when the market internalizes EU/US turmoil. Ex: early 2008, early COVID, etc. Suggests something is on the horizon
Currency markets matter!
April 11, 2025 at 7:12 PM
USD’s depreciation against the Swiss Franc (10 yr low!) is the most interesting, potentially significant shift imo
CHF investment surges when the market internalizes EU/US turmoil. Ex: early 2008, early COVID, etc. Suggests something is on the horizon
Currency markets matter!
CHF investment surges when the market internalizes EU/US turmoil. Ex: early 2008, early COVID, etc. Suggests something is on the horizon
Currency markets matter!
Reposted
It’s a good day when @geetaminocha.bsky.social makes the case for public banking in a local Cleveland paper!
Public banking is a critical part of building the solidarity economy
Public banking is a critical part of building the solidarity economy
Having trusted community-centered institutions like public banks becomes even more essential in tumultuous and uncertain times like these.
Michael Collier and I made the case for public banking in @crainscleveland.bsky.social today:
www.crainscleveland.com/commentary/o...
Michael Collier and I made the case for public banking in @crainscleveland.bsky.social today:
www.crainscleveland.com/commentary/o...
Opinion: Amid financial tumult, it's time for public banking in Ohio
As inflation remains stubbornly high and new tariffs begin to ripple through the economy, Ohioans are feeling the squeeze. From groceries to gas to essential goods, prices are rising again—and for man...
www.crainscleveland.com
April 10, 2025 at 11:49 PM
It’s a good day when @geetaminocha.bsky.social makes the case for public banking in a local Cleveland paper!
Public banking is a critical part of building the solidarity economy
Public banking is a critical part of building the solidarity economy
Having trusted community-centered institutions like public banks becomes even more essential in tumultuous and uncertain times like these.
Michael Collier and I made the case for public banking in @crainscleveland.bsky.social today:
www.crainscleveland.com/commentary/o...
Michael Collier and I made the case for public banking in @crainscleveland.bsky.social today:
www.crainscleveland.com/commentary/o...
Opinion: Amid financial tumult, it's time for public banking in Ohio
As inflation remains stubbornly high and new tariffs begin to ripple through the economy, Ohioans are feeling the squeeze. From groceries to gas to essential goods, prices are rising again—and for man...
www.crainscleveland.com
April 10, 2025 at 11:26 PM
Having trusted community-centered institutions like public banks becomes even more essential in tumultuous and uncertain times like these.
Michael Collier and I made the case for public banking in @crainscleveland.bsky.social today:
www.crainscleveland.com/commentary/o...
Michael Collier and I made the case for public banking in @crainscleveland.bsky.social today:
www.crainscleveland.com/commentary/o...
I’m thrilled to see the global economy still intact. I refuse to celebrate “record highs” from the market adjusting to us backpedaling on a lot of obviously terrible tariff policy.
tl;dr if you break it, you shouldn’t be applauded when you fix it.
tl;dr if you break it, you shouldn’t be applauded when you fix it.
Japan’s benchmark Nikkei 225 shoots up in early trading, gaining more than 2,000 points, as investors welcome President Donald Trump’s decision to back off on most of his tariffs.
Japan's benchmark Nikkei 225 shoots up in early trading, gaining more than 2,000 points
Japan’s benchmark Nikkei 225 has shot up in early trading, gaining more than 2,000 points, as investors welcomed President Donald Trump’s decision to back off on most of his tariffs.
bit.ly
April 10, 2025 at 12:49 AM
I’m thrilled to see the global economy still intact. I refuse to celebrate “record highs” from the market adjusting to us backpedaling on a lot of obviously terrible tariff policy.
tl;dr if you break it, you shouldn’t be applauded when you fix it.
tl;dr if you break it, you shouldn’t be applauded when you fix it.
I’m just going to repeat it: We don’t have the capacity to make our own *penicillin*. We import 90%+ from China—as well as numerous essential drug ingredients.
Our health care system relies on price stability. Targeted tariffs = astronomical costs + reduced access. It will break U.S. healthcare.
Our health care system relies on price stability. Targeted tariffs = astronomical costs + reduced access. It will break U.S. healthcare.
Per White House pool: “Were going to be announcing very shortly a major tariff on pharmaceuticals,” Trump said.
He said that will bring pharmaceutical production back to the United States.
He said that will bring pharmaceutical production back to the United States.
April 9, 2025 at 2:41 AM
I’m just going to repeat it: We don’t have the capacity to make our own *penicillin*. We import 90%+ from China—as well as numerous essential drug ingredients.
Our health care system relies on price stability. Targeted tariffs = astronomical costs + reduced access. It will break U.S. healthcare.
Our health care system relies on price stability. Targeted tariffs = astronomical costs + reduced access. It will break U.S. healthcare.
dirtbag left i could never hate u
April 8, 2025 at 9:48 PM
dirtbag left i could never hate u
I almost appreciate the commitment to categorically rejecting all claims that even slightly rebound the markets lmao
April 8, 2025 at 6:43 PM
I almost appreciate the commitment to categorically rejecting all claims that even slightly rebound the markets lmao
the plan is going great
Exclusive: Apple plans to send more iPhones to the U.S. from India to offset the high cost of China tariffs
Exclusive | Apple Plans to Source More iPhones From India as Potential Tariff Fix
Levies on Chinese goods have created worst three-day rout for iPhone maker in about 25 years.
www.wsj.com
April 7, 2025 at 7:12 PM
the plan is going great
A recently- leaked Wells Fargo memo has me deeply concerned. We must commit to saving—and expanding—USPS.
Thanks @couriernewsroom.bsky.social for running this. And s/o my dear friend Bryce and the rest of the team for unionizing Courier’s workplace!
Thanks @couriernewsroom.bsky.social for running this. And s/o my dear friend Bryce and the rest of the team for unionizing Courier’s workplace!
"Applying Musk’s recent call to “privatize anything that can be privatized” to USPS would gut more than just mail delivery. It would hand over a federally protected, community-rooted network to private banks...," writes Geeta Minocha for COURIER. couriernewsroom.com/news/geeta-m...
Geeta Minocha: USPS is Under Serious Threat – and No One is Talking About It
Applying Elon Musk’s recent call to “privatize anything that can be privatized” to USPS would reshape the financial lives of millions of Americans.
couriernewsroom.com
April 7, 2025 at 4:49 PM
A recently- leaked Wells Fargo memo has me deeply concerned. We must commit to saving—and expanding—USPS.
Thanks @couriernewsroom.bsky.social for running this. And s/o my dear friend Bryce and the rest of the team for unionizing Courier’s workplace!
Thanks @couriernewsroom.bsky.social for running this. And s/o my dear friend Bryce and the rest of the team for unionizing Courier’s workplace!
Reposted
"Applying Musk’s recent call to “privatize anything that can be privatized” to USPS would gut more than just mail delivery. It would hand over a federally protected, community-rooted network to private banks...," writes Geeta Minocha for COURIER. couriernewsroom.com/news/geeta-m...
Geeta Minocha: USPS is Under Serious Threat – and No One is Talking About It
Applying Elon Musk’s recent call to “privatize anything that can be privatized” to USPS would reshape the financial lives of millions of Americans.
couriernewsroom.com
April 7, 2025 at 2:53 PM
"Applying Musk’s recent call to “privatize anything that can be privatized” to USPS would gut more than just mail delivery. It would hand over a federally protected, community-rooted network to private banks...," writes Geeta Minocha for COURIER. couriernewsroom.com/news/geeta-m...
Feeling so encouraged, hopeful seeing these Hands Off protests around the country! 🥲
April 5, 2025 at 10:12 PM
Feeling so encouraged, hopeful seeing these Hands Off protests around the country! 🥲
The average person doesn’t know the first thing about tariffs and the mechanisms by which they negatively impact the economy. The average person can intuitively reason that the U.S. should make things.
Gotta bridge this gap.
Gotta bridge this gap.
April 4, 2025 at 6:57 PM
The average person doesn’t know the first thing about tariffs and the mechanisms by which they negatively impact the economy. The average person can intuitively reason that the U.S. should make things.
Gotta bridge this gap.
Gotta bridge this gap.
No. Crucially, the rich are also losing money right now.
April 4, 2025 at 4:27 PM
No. Crucially, the rich are also losing money right now.
This is the time for state and local governments to leverage public finance tools to the fullest extent. Expand reinsurance pools and issue healthcare specific bonds to stabilize the market and prevent programs from scaling back services/access to drugs.
I think everyone intuitively understands that the tariffs will raise prices in health care. But public health is uniquely vulnerable, since it relies heavily on pre-set contracts—the VA, which serves 7-9m veterans, especially so.
April 3, 2025 at 10:01 PM
This is the time for state and local governments to leverage public finance tools to the fullest extent. Expand reinsurance pools and issue healthcare specific bonds to stabilize the market and prevent programs from scaling back services/access to drugs.
I think everyone intuitively understands that the tariffs will raise prices in health care. But public health is uniquely vulnerable, since it relies heavily on pre-set contracts—the VA, which serves 7-9m veterans, especially so.
April 3, 2025 at 9:54 PM
I think everyone intuitively understands that the tariffs will raise prices in health care. But public health is uniquely vulnerable, since it relies heavily on pre-set contracts—the VA, which serves 7-9m veterans, especially so.
From 2004-2021, we had 0 plants. American production declined because it was off-patent and because old plants couldn’t meet new, higher FDA production standards. In 2021, one U.S. facility opened in TN.
China controls ~90% of inputs for critical antibiotics like penicillin.
China controls ~90% of inputs for critical antibiotics like penicillin.
Did you know we haven’t been able to produce *penicillin* for years? guess where we’ve been getting our supply from since ~2004 LOL
April 3, 2025 at 1:50 AM
From 2004-2021, we had 0 plants. American production declined because it was off-patent and because old plants couldn’t meet new, higher FDA production standards. In 2021, one U.S. facility opened in TN.
China controls ~90% of inputs for critical antibiotics like penicillin.
China controls ~90% of inputs for critical antibiotics like penicillin.
Did you know we haven’t been able to produce *penicillin* for years? guess where we’ve been getting our supply from since ~2004 LOL
April 2, 2025 at 10:33 PM
Did you know we haven’t been able to produce *penicillin* for years? guess where we’ve been getting our supply from since ~2004 LOL
Reposted
Crawford: I never could have imagined that I'd be taking on the richest man in the world for justice in Wisconsin. And we won.
April 2, 2025 at 2:40 AM
Crawford: I never could have imagined that I'd be taking on the richest man in the world for justice in Wisconsin. And we won.
Obviously Randy Fine was going to handily win FL-6, but it’s still meaningful that this district went from R+30 to R+7/8. If I’m a Republican in a purple district, I’m probably reconsidering some things!
April 1, 2025 at 11:40 PM
Obviously Randy Fine was going to handily win FL-6, but it’s still meaningful that this district went from R+30 to R+7/8. If I’m a Republican in a purple district, I’m probably reconsidering some things!
Whoa. “Paul, Weiss will dedicate… $40 million in pro bono legal services… to support the Administration’s initiatives.”
Shameless quid pro quo here, given last week’s EO. And pretty spineless of PW, a firm instrumental in reuniting families separated at the border in ~2018.
Shameless quid pro quo here, given last week’s EO. And pretty spineless of PW, a firm instrumental in reuniting families separated at the border in ~2018.
March 21, 2025 at 3:26 AM
Whoa. “Paul, Weiss will dedicate… $40 million in pro bono legal services… to support the Administration’s initiatives.”
Shameless quid pro quo here, given last week’s EO. And pretty spineless of PW, a firm instrumental in reuniting families separated at the border in ~2018.
Shameless quid pro quo here, given last week’s EO. And pretty spineless of PW, a firm instrumental in reuniting families separated at the border in ~2018.
This mistaken idea that eliminating ED will give parents more say over their kids’ education… School districts have always set curricula! Indeed, parents may end up with even less control once textbook + testing companies inevitably exert more influence in the wake of this critical funding cut.
March 20, 2025 at 10:00 PM
This mistaken idea that eliminating ED will give parents more say over their kids’ education… School districts have always set curricula! Indeed, parents may end up with even less control once textbook + testing companies inevitably exert more influence in the wake of this critical funding cut.
Reposted
This is a great piece that answers a question I asked @geetaminocha.bsky.social
In my latest for Next City, after an executive order on Friday seemed to target the CDFI Fund, I do a deep dive into what it could mean, why the way it works is so special, how it came about and what's at stake — including the legacies of those who first envisioned it.
nextcity.org/urbanist-new...
nextcity.org/urbanist-new...
The CDFI Fund Is Under Fire. What Does That Mean for Community Development?
Trump’s executive order won’t kill the CDFI Fund. But it could slow down one of our most powerful tools for community-based banking.
nextcity.org
March 19, 2025 at 1:55 PM
This is a great piece that answers a question I asked @geetaminocha.bsky.social
*Huge* blow to public and private finance alike. CDFI Fund gives investors tax credits for community business and real estate investments, incentivizes big banks to increase access to financial services, and makes our banking market competitive by expanding small bank portfolios
Trump signed an order this morning seeking to vastly reduce the scope of the CDFI Fund (among several other agencies).
The CDFI Fund plays an essential role in US community development, particularly through the distribution of New Markets tax credits.
The CDFI Fund plays an essential role in US community development, particularly through the distribution of New Markets tax credits.
Continuing the Reduction of the Federal Bureaucracy
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose.
www.whitehouse.gov
March 15, 2025 at 6:19 PM
*Huge* blow to public and private finance alike. CDFI Fund gives investors tax credits for community business and real estate investments, incentivizes big banks to increase access to financial services, and makes our banking market competitive by expanding small bank portfolios
Just heard Trump is trying to kill the CDFI Fund. Crashing out.
March 15, 2025 at 6:18 PM
Just heard Trump is trying to kill the CDFI Fund. Crashing out.
Reposted
Chuck Schumer Helps Pull Democrats Back From Brink Of Courage
March 14, 2025 at 5:55 PM
Chuck Schumer Helps Pull Democrats Back From Brink Of Courage