Andrew Ackerman @amacker
Covering the Federal Reserve and #finreg for @washingtonpost. Formerly @wsj [email protected] Signal/WhatsApp: +1-202-590-6178. DC via ATL & MCO Washington, DC Joined October 2007-
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Miran’s forecast of debt/GDP for the end of the fiscal year was off by 3.7 percentage points
@amacker The Court is ringfencing the Fed it seems.
The Fed's strategy to avoid direct confrontation with Trump for as long as possible... has worked so far? (via @vtg2 in late August) politi.co/3UQ6Z0n
The lines are blurring between capitalism as practiced by President Trump and socialism as advocated by the likes of Zohran Mamdani. wsj.com/economy/trump-…
Supreme Court allows Lisa Cook to remain on Fed board for now wapo.st/3VNmjvc
The Supreme Court has effectively ruled in Lisa Cook's favor for now, deferring Trump admin's request for a stay (of her firing) until after oral arguments in January.
The White House has nominated Travis Hill to chair the FDIC. He’s been acting chair since the beginning of the year.
The White House withdrew the nomination of EJ Antoni to lead the Bureau of Labor Statistics, according to a source familiar Antoni faced Senate resistance due to ... a lot of reasons, including a Nazi battleship Zoom background and Jan. 6 attendance w/ @JakeSherman
Yikes. The official US "hiring rate" fell to 3.2% in August. That's an anemic level that hasn't been seen* since the Great Recession era when unemployment was over 7%. The job market is frozen. Americans feel stuck. And it appears to be getting worse... [*The hiring rate in…
“Republicans have argued they’re willing to negotiate on extending the ACA subsidies — but not as part of a funding extension. Republicans are divided over the policy, with some moderate members pushing for the change…” washingtonpost.com/business/2025/…
The Trump administration moves to curtail appeals by fired federal workers, a test of independence for a board that rules on personnel cases washingtonpost.com/politics/2025/…
New post, I finally got around to writing down my thoughts on the @SteveMiran speech. I think it shows yet another reason for central bank independence. Without it, you can't tell what's a genuine outsider take and what's just carrying water for the Executive. Link next. /1
On Sept 18, the Trump administration asked the Supreme Court for an administrative stay to remove Lisa Cook from the Fed. Since the court hasn't acted on that request, it seems less likely they are going to do that at this point. That suggests they will rule on the government's…
Though Argentina was among the world’s richest countries in the early 20th century, today its annual output is roughly equal to Michigan’s. Argentina’s real importance may lie more in the power of example. If a MAGA-style economic makeover succeeds in pulling the country out of…

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