Sean Vanatta
@seanvanatta.bsky.social
660 followers 430 following 83 posts
Financial historian at University of Glasgow and non-resident fellow at Princeton's JRCPPF. Writing about credit cards (@yalepress), bank supervision (@princetonupress), & pensions.
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seanvanatta.bsky.social
Today is the official pub. date for @petercontibrown.bsky.social and my book, Private Finance, Public Power: A History of Bank Supervision in America.

We did not anticipate that it would drop at a moment when so much in supervision is up for grabs.

press.princeton.edu/books/hardco...
Private Finance, Public Power
The strange and contested evolution of the management of banking risk
press.princeton.edu
Reposted by Sean Vanatta
jeremykress.bsky.social
I was delighted to contribute to the Yale JREG symposium on @seanvanatta.bsky.social and @petercontibrown.bsky.social's excellent new book.

My essay examines what the book can teach us about efforts to eliminate management ratings from the supervisory toolkit.
www.yalejreg.com/nc/in-defens...
www.yalejreg.com
seanvanatta.bsky.social
Your periodic reminder that credit card rewards are a regressive tax that should be regulated out of existence:

www.nytimes.com/2025/09/06/b...
Airlines Want a Piece of Every Purchase You Make
www.nytimes.com
seanvanatta.bsky.social
The tooth fairy is rummaging through the couch cushions tonight. Anyone have 2 quid lying around?
seanvanatta.bsky.social
Thank you to the many friends and colleagues who have supported this work over its long journey, and to the team at @princetonupress.bsky.social, who made the book and brought it to the world.
seanvanatta.bsky.social
Today is the official pub. date for @petercontibrown.bsky.social and my book, Private Finance, Public Power: A History of Bank Supervision in America.

We did not anticipate that it would drop at a moment when so much in supervision is up for grabs.

press.princeton.edu/books/hardco...
Private Finance, Public Power
The strange and contested evolution of the management of banking risk
press.princeton.edu
seanvanatta.bsky.social
If you want to understand what @jeremykress.bsky.social is so worked up about, our book Private Finance, Public Power is out today!

press.princeton.edu/books/hardco...
seanvanatta.bsky.social
It's called supervisory discretion, Jeremy!
Reposted by Sean Vanatta
zelizer.bsky.social
Proud of my two students, @petercontibrown and @seanvanatta.bsky.social on their fantastic new book, Private Finance, Public Power. @princetonupress.bsky.social
seanvanatta.bsky.social
That magic moment when your research comes full circle. Charge it!
seanvanatta.bsky.social
Classic bring your bagpipes to work day here in Glasgow.
seanvanatta.bsky.social
That's a wrap on The Past and Future of Bank Supervision @brookings.edu . Thanks to Aaron Klein for organising and hosting a great event!
seanvanatta.bsky.social
Unfortunately, Illinois did not adopt the pension laws commission's recomendations, and has continued to be a poster child for disastrous unsound pension plans.
seanvanatta.bsky.social
Started writing the next book today. Off to a good start:

“The laws of the various states for pensions of public employes have been enacted with almost utter disregard for the disastrous experiences contained in the history of unsound pension plans.”

Illinois Pension Laws Commission, 1919
seanvanatta.bsky.social
Private Finance, Public Power, real and in the flesh! Can't wait until this starts shipping out.

Get yours at press.princeton.edu/books/hardco...
Reposted by Sean Vanatta
businesshistoryc.bsky.social
📢 Call for Applications: 𝐇𝐞𝐧𝐫𝐲 𝐊𝐚𝐮𝐟𝐦𝐚𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐇𝐢𝐬𝐭𝐨𝐫𝐲 𝐃𝐢𝐬𝐬𝐞𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐅𝐞𝐥𝐥𝐨𝐰𝐬𝐡𝐢𝐩𝐬
hagley.org businesshistory.bsky.social historians.bsky.social #skystorians

🗓️ Application deadline: November 1 2025

thebhc.org/dissertation...

#FinancialHistory
seanvanatta.bsky.social
“'The U.S. consumer never lets us down,' John Williams, president of the Federal Reserve Bank of New York."

This, with the graph of credit card delinquencies, is the entire post-New Deal US political economy.

www.nytimes.com/interactive/...
Consumers Show Signs of Strain Amid Trump's Tariff Rollout
Consumer spending has been the bulwark against recession. A pullback could slow the economy.
www.nytimes.com
seanvanatta.bsky.social
Could they redirect those investments toward public infrastructure in a turn to US-style fiscal mutualism (an investment strategy from the midcentury era of conservative nostalgia)?

I'm...not hopeful...

papers.ssrn.com/sol3/papers....