Victoria Guida
@vtg2
Economics correspondent and columnist for @politico. Retweet ≠ endorse. Email: [email protected] Signal: vguida.28
.@samjsutton talked about this on Monday: politico.com/newsletters/mo… @vtg2 and I also discussed (citing Sam) the issue on the latest pod: podcasts.apple.com/us/podcast/wha…
trump basically calling for fiscal dominance
Deutsche Bank economists find President Trump firing Chair Powell would only save $12B-15B on interest costs through 2027, even if Treasury skews debt issuance to bills, which mature in a year or less (removing Powell would make short-term rates go down & long-term rates go up)
VOTE RESULT: The Senate Finance Committee advanced the nominations of Joseph Barloon to be a Deputy @USTradeRep and Brian Morrissey to be General Counsel for @USTreasury, each by a vote of 14-13.
Last week's top economic story was President Trump's reported decision, and then quick reversal, of a move to oust Fed Chair Jerome Powell. @politico's @vtg2 takes us behind the scenes on what the president is telling allies, how GOP lawmakers view the situation, and why firing…
Dug in on Fed chair madness with @robblackwellAB, whose podcast I love podcasts.apple.com/us/podcast/ban…
President Trump is engaging in a near-constant assault on Jay Powell. I wrote last year about the Fed chair's relationship with the rest of Washington: politico.com/news/magazine/…
Treasury Secretary Scott Bessent says he sees no reason for Fed Chair Jerome Powell to step down right now bloomberg.com/news/articles/…
Bessent calls on Fed to do comprehensive review of its mission ow.ly/qMkO106guGu
Thune also said: "Clearly you can have disagreements with the Fed Chairman with respect to interest rates ... I also think there is a certain understanding and respect, particularly in the financial markets, that that agency is supposed to be independent"
Some of Trump’s allies are privately making this same case politico.com/news/magazine/…
1/ If Trump forces Powell out, markets could no longer assume Fed will hit 2% inflation no matter what. Inflation would be subordinated to White House's larger agenda. No longer the brakes, the Fed would be part of the engine. My column: wsj.com/economy/centra…
“Nobody had to explain that to me” that firing Fed Chair Powell would be bad for the market, President Trump says
Donald J. Trump Truth Social 07.20.25 03:37 PM EST
ohh look at me, i'm rory mcilroy. i won the career grand slam. i'm absolutely beloved in my home country. i can summon extra golf balls from the earth like a wizard. here's a 56-footer for eagle. whatever man
I have no idea what’s going to happen ultimately re: the Fed, but this is a baffling tweet: Chair Powell is not resigning
Powell's office is not denying recent reports that Powell is considering resignation.
President Donald Trump just signed into law a landmark bill laying out a new regulatory framework for stablecoins, a major win for the crypto industry. It also marks "a put up or shut up moment" for crypto. politico.com/news/2025/07/1…
NEW ‘Definitely playing favorites:’ Interior permitting memo could strike dire blow to solar & wind, requiring Burgum’s approval for routine activities, likely affecting scores of projects on private land. Even Republicans say it goes too far. W @zcolman politi.co/3GS3W4o
"The central bank had wanted glass walls to reflect the Fed as a transparent institution, but three Trump appointees to a local commission felt marble best fit the building’s historic character. Marble was added as a result" via @ChrisRugaber & @joshboak apnews.com/article/powell…
