The notion that you can’t be appointed to public office by the Administration without genuflecting to the obvious and odious lie is deeply alarming and, in itself, disqualifying.

This is not just theoretical. The inability to say this truth speaks to a kind of obeisance to a would-be tyrant that poses a real and ongoing threat to constitutional government and makes one unfit for public trust.

Simple rule: the Senate should not confirm any appointee to any post who can’t say clearly who legitimately won the 2020 presidential election. Not just who was “installed”, but who won the vote and the electoral college.

*PAKISTAN IN CONTINUOUS CONTACT W/ IRAN ON CONFIRMING DELEGATION

Basically Pakistan is frantically attempting to get Iran to show up at all. It's getting hard for Trump to spin this as negotiations being on track to prop up financial markets

Prior to modern medicine, disease killed more soldiers than combat. I’m guessing that weakened our war-fighting capabilities.

Disengagement is the only option

www.theatlantic.com/ideas/2026/0...

Trump approval falls to 35% as rating on handling prices hits a record -46 Our new Strength In Numbers/Verasight poll finds the president's overall job approval at a new low, Democrats leading by 7 on the generic ballot, and a majority says the Iran war is not worth the cost

Trump’s approval on prices hits a record -46 — and he’s underwater on everything else, too open.substack.com/pub/gelliott...

Retail sales up 1.7% in March from February driven by a spike in gas prices due to the Iran war Shoppers accelerated their spending in March from February, but they spent most of their money at the gas pump.

Shoppers accelerated their spending in March from February, but they spent most of their money at the gas pump.

UAE cut outs bought 49% of Trump $WLFI Coin

tit for tat

(I mean Trump got the cash and it's your tax dollars but that's what you voted for)

‘Donnyland’? Ukraine Proposes Renaming Part of the Donbas in Trump’s Honor

Here's the story: ‘Donnyland’? Ukraine Proposes Renaming Part of the Donbas in Trump’s Honor www.nytimes.com/2026/04/21/w...

all-time high $CAT

Warsh is NOT handling Senator Warren's interrogation well. None of these questions should be a surprise to him.

“I would have won Vietnam very quickly”

- Trump this morning

SOMEONE PLEASE ASK KEVIN WARSH ABOUT THIS REPORT.

Smith: "Do you think gas prices going up 20% is fake inflation"
Warsh: "they move and when they move in the wrong direction, Americans feel that"

It's not just that Warsh would be beholden to Trump. That is the most important thing, but it also overshadows the fact that his Fed calls down the years have been bad--not uniquely bad, but systematically bad. I'm old enough to remember when he wanted to hike rates in 2008

I would like someone to explore with Mr Warsh why he thinks the economic impacts of AI are within the Fed’s remit but the economic impacts of climate change are not.

Smith’s question about insurance almost got there but didn’t quite.

I of course have the TV muted, but understand that Warsh refused to acknowledge Biden's 2020 win. Amazing.

#ProfilesInCowardice

Warsh hearing so far has been kind of frustrating. No one has asked the questions that seem most relevant to me:
1) is Trump's criminal investigation into Powell appropriate?
2) what would you do if Trump threatened retribution against you if he didn't like your actions/Fed policy decisions?

If I told you Avis did $12 b in revenue in 2022 and closed the year at $163/ share and this year it will do $11.7 bil in revenue

ADP weekly payrolls continues accelerating... though maybe some fitting to the BLS?

+55k 4wk average for WE April 4

Actual Median Survey Range Overall 1.7% 1.4% 0.7% to 2.2% Ex auto 1.9% 1.4% 0.2% to 2.2% Ex auto/gas 0.6% 0.3% -0.2% to 0.7% Control group 0.7% 0.2% -0.1% to 0.7%

March retail sales: the consumer steadily refusing to throw in the towel.

More context: bsky.app/profile/lium...

Good lord

*CATL UNVEILS BATTERIES CHARGED UP TO 98% IN SIX MINS

Quick reminder that credit usually takes much longer to go wrong than you might expect. Much capital has been raised in the past to exploit a burgeoning distressed opportunity/maturity wall/liquidity cliff which ended up being deployed into less exciting stuff because waiting is expensive.

China May Overtake US as World’s Top Nuclear Power Operator by 2030, CNEA Says

Yicai: "China is expected to surpass the United States in operational nuclear power capacity before 2030, becoming the world’s largest, as the country accelerates reactor construction and investment."
www.yicaiglobal.com/news/china-s...

The insider trading suspicions looming over Trump's presidency The BBC has found a pattern of spikes in trades ahead of public announcements by the US president.

“The BBC… found a consistent pattern of spikes just hours, or sometimes minutes, before a [market-moving Trump] social media post or media interview was made public.

www.bbc.co.uk/news/article...

Are gas prices going to fall below $4?

$4.022 this morning... but RBOB is not backing down

GS: YTD share buyback authorizations have reached a record $422 billion, and US announced strategic M&A volumes are up more than 100% year/year