When it comes to Trump, Big Bank CEOs accentuate the positive Bank of America CEO Brian Moynihan said favorable regulatory changes will give companies certainty to be “a little more aggressive as rates come down.”

Today’s MM: When it comes to Trump, Big Bank CEOs Ac-Cent-Tchu-Ate the Positive. Plus, a must read from @eleanormueller.bsky.social breaking down the gavel race for House Financial Services www.politico.com/newsletters/...

The economic clashes looming in Trump 2.0 Investors have been heartened by the selection of Bessent and Hassett as a sign the Cabinet might soften the parts of Trump's agenda that could shake markets.

Trump is busy lauding his freshly minted economic team.

But many of its members have openly critiqued his policy goals — some as recently as this year.

Read @samjsutton.bsky.social’s latest (and welcome him to Bluesky with a follow!): www.politico.com/news/2024/12...

“I could very well see a press briefing room where Maggie Haberman sits next to Joe Rogan.”

The congressional battlegrounds were set. Then Trump changed everything. “There's definitely a realignment going on in American politics,” said Dan Conston, the president of the Congressional Leadership Fund.

“There is a playbook here that the Democrats have consistently and traditionally used to win over Hispanics that I think just was diluted this cycle. Trump has the ability to dilute it.”

Thank you for writing it!

Fantastic storytelling.

Earlier today @vtg2.bsky.social

How the Harris-Trump Divide Broke This American Family What the Johnson brothers of Centralia, Illinois tell us about the causes of our nation’s political divide.

Some reading for Thanksgiving break?

POLITICO Pro: McHenry takes on Johnson, Barr in opposing compromise on US-China investment House Republicans have been circulating draft legislation in hopes of attaching it to a must-pass defense package next month.

New: It’s McHenry v. Johnson on passing limits on U.S.-China investment this Congress.

“The best path forward is to let the incoming administration write policy,” a McHenry spox tells me.

“It would be a missed opportunity for Congress,” Johnson tells me. subscriber.politicopro.com/article/2024...

Thanks for the nod, Aaron! Lots of other top-shelf names on here.

Back in bluer skies at @vtg2.bsky.social’s urging… What’d I miss?

Where have all the bankers in Congress gone? The upcoming retirement of Blaine Luetkemeyer leaves few senior Republicans with direct experience in the industry in high-profile positions on any banking-related committees in the House or Senate. www.americanbanker.com/news/where-h...

POV: You are trying to read an article from one of America’s oldest and largest news organizations.

"Desperately needed changes at the FDIC are not possible if the agency is still being led by an individual who himself was investigated for alleged mistreatment," his office told me in a statement.

"Marty Gruenberg should resign.” (2/2)

🚨 Tillis just became the first member of Congress (that I know of) to call on FDIC Chair Marty Gruenberg to resign after WSJ reports of pervasive workplace misconduct at the agency. (1/2)

Opinion | A child-care center lost its funding. Here’s what happened next. When one Wisconsin daycare lost its funding, the effects cascaded to a working parent with kids there and to her employer, too.

Good story tracing how child care subsidies affect families, employers, & customers, @crampell.bsky.social
www.washingtonpost.com/opinions/202...

Happy Halloween from the World’s Fastest Bank Run! 🎃🏃‍♀️ 🏃‍♀️💸
xoxo,
Silicon Valley Bank & Signature Bank of New York

Hard to underscore just how much I am enjoying having a feed that is mostly economists and academics right now 🥲 s/o @vtg2.bsky.social for inviting me to my new favorite social media and thank you all for posting such genuinely interesting and informative things!

X, formerly Twitter, strips headlines from news story links to improve their look The change came after owner Elon Musk said it would ‘improve the esthetics’ as platform becomes increasingly hostile for news organisations

Well, so much for news links on Twitter! It's now no link at all, just the image and the url.

Not a good day for media that have built their entire business around posting their links 1000 times a day on a collapsing site owned by a petulant rich creep. Gee, strange that didn't work out, huh?

Some great economics & policy reporters on here now:

@andrewvandam.bsky.social

@bencasselman.bsky.social

@carlquintanilla.bsky.social

@citizencohn.bsky.social

@ddiamond.bsky.social

@eleanormueller.bsky.social

@emilypeck.bsky.social

@jeffstein.bsky.social

📈📉