beSpacificApr 17
Breaking economy totally Trump has called 4 #termination of #FederalReserve Chairman #JeromePowell in a dispute over #interestrates, cutting across the political independence of US #centralbank. The Federal Reserve's decision-making is supposed to be free [not any more] from #political interference so it can make calls it believes are right for country and the economy rather than in the interests of presidents or lawmakers. #economy #financialsystem #financialstability https://www.newsweek.com/trump-demands-termination-fed-jerome-powell-rates-2060933
Trump Demands 'Termination' of Fed's Jerome Powell

President Donald Trump said the U.S. is getting rich off tariffs and said Powell is too slow to cut interest rates.

Newsweek
Yonhap Infomax NewsApr 15
South Korean Deputy PM Choi Sang-mok warns against radical changes to US dollar-centered financial system, citing potential harm to national interests
#YonhapInfomax #ChoiSangmok #USDollar #FinancialSystem #NationalInterest #TrumpAdministration #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58798
Choi Sang-mok - 'Many US Economists Think Radical Changes Don't Benefit National Interest'

South Korean Deputy PM Choi Sang-mok warns against radical changes to US dollar-centered financial system, citing potential harm to national interests

Yonhap Infomax
Show threadDon Curren 🇨🇦🇺🇦Apr 14
3 Bloomberg: Amid the manic moves, key #trading patterns even bear soft echoes with #emergingmarkets. All told, fear is spreading that Trump’s bid to rewrite the terms of #global #trade risks imperiling America’s privileged status in the #financialsystem.
Bluesky

Bluesky Social
Show threadDon Curren 🇨🇦🇺🇦Apr 11
3 Bloomberg: They are trading, in other words, a little like a #risky #asset themselves, with profound implications for the #global #financialsystem. 🧵 #USTreasurys #bonds #bondmarkets #markets
Bluesky

Bluesky Social
Don Curren 🇨🇦🇺🇦Apr 3
“While the #Treasurymarket and the #USdollar have so far held up relatively well, further reductions in countries’ #US #debt holdings could push #Treasury #yields higher, weaken the #dollar, and threaten the stability of the #international #financialsystem” www.project-syndicate.org/commentary/i...

Will the World Keep Buying US ...
Bluesky

Bluesky Social
Yonhap Infomax NewsMar 13
Bank of Korea and Korea Institute of Finance plan joint forum to address household debt concerns and real estate-focused lending in South Korea's financial system
#YonhapInfomax #BankOfKorea #KoreaInstituteOfFinance #HouseholdDebt #RealEstateLoans #FinancialSystem #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54104
Bank of Korea and Korea Institute of Finance to Hold Household Debt Forum Next Month

Bank of Korea and Korea Institute of Finance plan joint forum to address household debt concerns and real estate-focused lending in South Korea's financial system

Yonhap Infomax
beSpacificMar 4
An #email sent Monday by a #Trump administration official, obtained by Popular Information, explicitly instructs federal employees at the Consumer Financial Protection Bureau #CFPB to not carry out activities mandated by law. The email directly contradicts representations CFPB officials made in federal #court. #maga #vought #musk #doge #politics #WhiteHouse #congress #DoddFrank #financialsystem #economics #banking #loans #college #debt #mortgages #consumerprotection https://popular.info/p/email-shows-trump-officials-are-lying
Email shows Trump officials are lying to federal court, directing CFPB staff to ignore law

An email sent Monday by a Trump administration official, obtained by Popular Information, explicitly instructs federal employees at the Consumer Financial Protection Bureau (CFPB) to not carry out activities mandated by law.

Popular Information
beSpacificFeb 11
In trying to make sense of the #wrecking ball that is #ElonMusk and Trump’s #DOGE, helpful to think about Evil Housekeeper Problem. It’s a principle of #computersecurity roughly stating that once someone is in your hotel room with your laptop, all bets are off. Because the intruder has physical access, you are in much more trouble. And the person demanding to get into your #computer may be standing right beside you. #natsec #security #IT #networks https://www.technologyreview.com/2025/02/07/1111283/elon-musk-doge-and-the-evil-housekeeper-problem-government-technology/ #CFPB #financialsystem
From COBOL to chaos: Elon Musk, DOGE, and the Evil Housekeeper Problem

As DOGE throws out the rule book for government tech, it’s time we plan for the worst—and look to each other for courage and support.

MIT Technology Review
beSpacificJan 24
#PaulKrugman on Leaving the #NewYorkTimes. The paper wanted to take away his newsletter or make him write less frequently, he says. #economist #economy #politics #reporting #editing #financialsystem https://www.cjr.org/analysis/paul-krugman-leaving-new-york-times-heavy-hand-editing-less-frequent-columns-newsletter.php
Paul Krugman on Leaving the New York Times

The paper wanted to take away his newsletter or make him write less frequently, he says. 

Columbia Journalism Review
Diletta FileniJan 19

📌 La #FED, Federal Reserve, la #BancaCentrale degli #StatiUniti, ha comunicato di essersi ritirata dal #Network of #CentralBanks and Supervisors for Greening the #FinancialSystem, un’associazione di banche centrali creata nel 2017 per affrontare il #rischioclimatico.

Questo annuncio è stato fatto venerdì e segna un ritorno della #Fed ai suoi obiettivi principali.

Dunque, sulla scia di molti big a stelle e strisce, (#HarleyDavidson, #Walmart, #Ford, ...1/2