Thom Tillis’s colleagues don’t see him backing down on his Fed blockade and aren’t trying to stop him
“If you’re asking me if I think that Tillis is bluffing, the short answer is no. Long answer is hell no,” said Sen. John Kennedy (R., La.)
If no chair is confirmed by May 15, who leads the Fed?
The Fed and the White House seem to have very different answers—a suddenly live dispute after Trump’s latest threat to fire Powell.
It’s a question that a 28-year-old John Roberts weighed in on. www.wsj.com/economy/cent...
"Zamora-Pérez doesn’t speculate about what kind of occupational profile this might match up to, so nor will we" => this is where sociology needs to take over from pure economics. I'd love to read well crafted pieces about the socio-demographic & political profiles of these crypto-guys 😁
FT Alphaville's analysis is based upon an ICMA survey which include enlightening graphs on the type of collateral pledged in the European #repo market, especially on the respective shares of eurozone government bonds and their evolution
full survey available here: www.icmagroup.org/assets/docum...
Great piece from @alphaville.ft.com on the European #repo market, which shows that prior estimates of its size were conservative. European repo market is at least €13.6 trillion (so much bigger than US repo, which is around $12.6 tn) and therefore very very systemic
www.ft.com/content/990a...
Avec @jvtk.bsky.social, nous avons écrit une tribune pour le monde, appelant la @ecb.europa.eu à ne pas renouveler les erreurs commises en 2022, quand elle devra réagir au nouveau choc énergétique et inflationniste qui s'annonce. www.lemonde.fr/idees/articl...
The home page of the website of the Political Economy Working Group in Belgium
Happy to launch the new website of the Political Economy Working Group in Belgium!
politicaleconomy.be
🔍 Meet the team
📚 Browse publications
🔬 Explore projects
📅 Stay tuned for events
The website is built with @rstats and @quarto.org. It is open source: codeberg.org/agoutsmedt/e...
A screenshot of the title and subtitle of the Guardian oped at this url: https://www.theguardian.com/commentisfree/2026/mar/19/oil-crisis-research-rich-costs-wealth-redistribute
Middle East war is set to reprise 2022's fossil fuel price crisis — and its war windfalls for oil and gas shareholders.
Will governments redistribute those profits this time? Our op-ed in @theguardian.com
what do we want meme
📢 With @tomduterme.bsky.social & Ariane Gemander, we’re pleased to invite you to the 6th workshop of the Belgian Political Economy Working Group on Friday, June 19, 2026, at ICHEC Brussels.
📆 Abstract proposals due by April 10 -- Email us.
Sans ce caveat, il aurait sûrement été déchu de sa nationalité allemande 😅
Blagues à part, certains ont déjà fait des propositions pour accroître le stock d'EU bonds sans augmenter le volume total d dette publique, mais la Buba s'y était tjrs vigoureusement opposée
www.piie.com/blogs/realti...
This is the real Zeitenwende : the head of the #Bundesbank breaks with a decades-long tradition of central bank fiscal orthodoxy and uncompromising opposition to EU debt mutualisation through common borrowing
A whole world of Eurozone analytical frameworks have just been turned upside down ...
Otmar Issing, Axel Weber and Jürgen Stark approve this message :p
This is the real Zeitenwende : the head of the #Bundesbank breaks with a decades-long tradition of central bank fiscal orthodoxy and uncompromising opposition to EU debt mutualisation through common borrowing
A whole world of Eurozone analytical frameworks have just been turned upside down ...
Useful reminder by @lucasguttenberg.bsky.social @nilsredeker.bsky.social & @sandertordoir.bsky.social that the massive deregulatory drive (so-called 'simplification') instigated by the VdL 2 Commission will not solve any EU economic problem and, at best, result in a 0.07 % increase of the #EU GDP
Avec l'équipe de choc @hautetristan.bsky.social, Emma Nemesien, @baptistegiraud.bsky.social et Lana Lihouck nous avons le grand plaisir de vous partager ce papier paru dans le dernier n° de la RFSP.
On y parle des liens entre travail et élections (mes deux dada🙃)
shs.cairn.info/revue-revue-...
Dans le passé, ce genre de chevauchement n'a jamais été un problème (tant qu'il durait seulement quelques mois).
De plus, nommer un.e français.e en remplacement de Lane (dont le mandat expire le 31 mai 2027) permettrait de sécuriser le siège français au Directoire de la BCE avant la présidentielle
Transférer le SG de l'Élysée (Moulin) directement à la tête de la BdF serait pê considéré comme trop politique (quoiqu'il a suffisamment de réseaux chez LR pour ne pas se faire retoquer à l'AN et au Sénat), d'où mon pari sur Boone qui est le profil intermédiaire.
Le profil de Benassy-Quéré conviendrait mieux pour remplacer Lane comme chief economist de la BCE. Surtout, Macron voudra nommer un.e gouverneur.e capable d'être très offensif face à Bardella ou Le Pen. Et donc un profil très politique, qui connait le fonctionnement de l'exécutif et a des réseaux
Santander France va devoir trouver un.e nouveau/nouvelle DG 😅
Interesting move from the #ECB, especially in light of the calls to strenghen the international role of the #euro : most of them consider the expansion of the swap lines as a mandatory first step to internationaliste the euro
cc @shahinvallee.bsky.social @jvtk.bsky.social @steffenmurau.bsky.social
🚨 The political economy of finance summer school is back, 3rd year running! Better still: We're bringing it to London via @lse-ei.bsky.social.
𝐓𝐨𝐩𝐢𝐜: Finance & democracy
𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026
𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below.
We've got brilliant instructors as usual. Please spread the word!
Donald Trump is preparing to nominate the former Federal Reserve governor to replace Jay Powell as the chair of the world’s most important central bank, according to three people familiar with the matter. ft.trib.al/X3NHXsg
Trump is expected to announce Kevin Warsh as Fed chair tomorrow, ending an extensive, highly publicized audition process for one of the president's most consequential appointments.
www.nytimes.com/2026/01/29/b... @tylerpager.bsky.social @nytimes.com
If Powell stays on the board as governor, Trump has no other choice than to appoint the next #Fed chair for a 14y term as governor, thus insulating him from any WH pressure linked to reappointment. This configuration would give more leeway to the next chair to deviate from Trump monetary preferences
Another reason for #Powell to stay would be to prevent #Trump from having leverage on the next chair : if Powell leaves the board, Trump could appoint the next chair for the remainder of Powell's governor term (which ends in Jan 2028) thus giving Trump leverage over the next chair with reappointment
Did Congress forget the Fed controls inflation, or was forgetting the point?
My paper in New Political Economy shows Congress engaged in strategic repoliticisation, where political conflict serves electoral interests and preserves the Fed's technocratic autonomy www.tandfonline.com/doi/full/10....
Pourquoi #Trump s'en prend-il à la Réserve Fédérale ? Quels sont les enjeux de ces attaques du président étasunien contre la banque centrale et ses dirigeants ?
Dans cette tribune pour @lemonde.fr, j'apporte quelques éléments de réponse, issus de mes recherches
www.lemonde.fr/economie/art...
