'/%3e%3cpath%20d='M50.3943%2022.237V39.5876H43.5185V22.7481C43.5185%2019.2029%2042.0411%2017.3949%2039.036%2017.3949C35.7325%2017.3949%2034.0778%2019.5338%2034.0778%2023.7585V32.9759H27.2434V23.7585C27.2434%2019.5338%2025.5857%2017.3949%2022.2822%2017.3949C19.2949%2017.3949%2017.8027%2019.2029%2017.8027%2022.7481V39.5876H10.9298V22.237C10.9298%2018.6918%2011.835%2015.8754%2013.6453%2013.7877C15.5128%2011.7049%2017.9623%2010.6355%2021.0028%2010.6355C24.522%2010.6355%2027.1813%2011.9885%2028.9542%2014.6917L30.665%2017.5633L32.3788%2014.6917C34.1517%2011.9885%2036.811%2010.6355%2040.3243%2010.6355C43.3619%2010.6355%2045.8114%2011.7049%2047.6847%2013.7877C49.4931%2015.8734%2050.3963%2018.6899%2050.3943%2022.237Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_89_8'%20x1='30.5'%20y1='0'%20x2='30.5'%20y2='65'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%236364FF'/%3e%3cstop%20offset='1'%20stop-color='%23563ACC'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e)
The New Oil<p>Judge lets four more <a href="https://mastodon.thenewoil.org/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOGE</span></a> employees access <a href="https://mastodon.thenewoil.org/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> <a href="https://mastodon.thenewoil.org/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> payment systems</p><p><a href="https://arstechnica.com/tech-policy/2025/05/judge-lets-four-more-doge-employees-access-us-treasury-payment-systems/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">arstechnica.com/tech-policy/20</span><span class="invisible">25/05/judge-lets-four-more-doge-employees-access-us-treasury-payment-systems/</span></a></p><p><a href="https://mastodon.thenewoil.org/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>privacy</span></a> <a href="https://mastodon.thenewoil.org/tags/politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>politics</span></a></p>
101010.pl is one of the many independent Mastodon servers you can use to participate in the fediverse.
101010.pl czyli najstarszy polski serwer Mastodon. Posiadamy wpisy do 2048 znaków.
Administered by:
Server stats:
496active users
101010.pl: About · Status · Profiles directory · Privacy policy
Mastodon: About · Get the app · Keyboard shortcuts · View source code · v4.4.0-alpha.5
#treasury
1 post · 1 participant · 0 posts today
Bibliolater 📚 📜 🖋<p>🇺🇸 Did inflation lead to the demise of the US penny?</p><p><a href="https://qoto.org/tags/Question" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Question</span></a> <a href="https://qoto.org/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://qoto.org/tags/Coins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Coins</span></a> <a href="https://qoto.org/tags/Inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Inflation</span></a> <a href="https://qoto.org/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> <a href="https://qoto.org/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> <a href="https://qoto.org/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a> <a href="https://qoto.org/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> <a href="https://qoto.org/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UnitedStates</span></a></p>
Nonilex<p>…the downgrade essentially warns investors globally not to lend money to Washington at such low interest rates. The yield on the 10-yr <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> climbed to 4.49% from 4.43% late Fri. That shows how much in interest the US govet has to pay in order to borrow money for 10 yrs, & it was briefly above 4.55% earlier Mon morning.<br>Perhaps even more joltingly, the yield on a 30-yr Treasury leaped back above 5% before receding, up from less than 4% in Sept. That’s a significant move for the <a href="https://masto.ai/tags/bond" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bond</span></a> market.</p>
Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/memecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>memecoin</span></a> dinner has drawn criticism from congressional Democrats, some of whom said in a letter Wed to <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> that the lack of identification for coin holders could allow “bad actors, including <a href="https://masto.ai/tags/authoritarian" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>authoritarian</span></a> governments & companies they control, to enrich the Trump family” & gain <a href="https://masto.ai/tags/leverage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>leverage</span></a> over Trump’s <a href="https://masto.ai/tags/policy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>policy</span></a> decisions. Sen Chris Murphy (D-CT) told WaPo that the coin was “the most corrupt thing a president has ever done.”</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/Constitution" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Constitution</span></a> <a href="https://masto.ai/tags/Emoluments" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Emoluments</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>crypto</span></a></p>
Nonilex<p>Following oral argument at the US Court of Appeals for DC this afternoon in National <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Employees <a href="https://masto.ai/tags/Union" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Union</span></a> v. <a href="https://masto.ai/tags/RussVought" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RussVought</span></a>, a case in which the court is considering whether the <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> admin’s efforts to unilaterally shut down the Consumer Financial Protection Bureau (<a href="https://masto.ai/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CFPB</span></a>) are constitutional, Constitutional Accountability Center Equal Justice Works Fellow Anna Jessurun issued this:</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/Constitution" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Constitution</span></a> <a href="https://masto.ai/tags/SeparationOfPowers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SeparationOfPowers</span></a> <a href="https://masto.ai/tags/CoEqualBranchesOfGovernment" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CoEqualBranchesOfGovernment</span></a> <a href="https://masto.ai/tags/Congress" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Congress</span></a> <br><a href="https://www.theusconstitution.org/news/cac-release-at-the-d-c-circuit-everyone-agrees-that-the-constitution-does-not-permit-the-president-to-unilaterally-shutter-the-cfpb/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theusconstitution.org/news/cac</span><span class="invisible">-release-at-the-d-c-circuit-everyone-agrees-that-the-constitution-does-not-permit-the-president-to-unilaterally-shutter-the-cfpb/</span></a></p>
Nonilex<p>“I think we’re going to be very fair. But it’s not possible to meet the number of people that want to see us,” <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> said during a meeting w/ business executives in the UAE.</p><p>Trump said <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> & <a href="https://masto.ai/tags/Commerce" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Commerce</span></a> Secy <a href="https://masto.ai/tags/HowardLutnick" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HowardLutnick</span></a> “will be sending letters out essentially telling people” what “they’ll be paying to do business in the United States.”</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a></p>
Nonilex<p>Those economic fears have pressured <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> into seeking a deal w/ <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a>.</p><p>After roughly 7 hours of talks on Saturday, the <a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> said it would not release any formal statement about the proceedings.</p><p>…<a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> & <a href="https://masto.ai/tags/JamiesonGreer" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JamiesonGreer</span></a>, the US <a href="https://masto.ai/tags/Trade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trade</span></a> Rep, are leading the talks for Washington. For Beijing, the negotiations are being led by He Lifeng, China’s vice premier for <a href="https://masto.ai/tags/EconomicPolicy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicPolicy</span></a>.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/JDVance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JDVance</span></a> said the <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trade</span></a> situation w/ <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>China</span></a> was not sustainable. He said “Liberation Day”was only 30 days ago, & “we are in the early innings” of negotiations.</p><p><a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a>, speaking at a <a href="https://masto.ai/tags/House" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>House</span></a> hearing on Wednesday, declined to say which countries are close to reaching trade agreements w/the US & said that the deals would initally be agreements *in principle* that would be finalized in the coming months.</p><p><a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>security</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a></p>
Democracy Matters :verified:<p>It’s hard to imagine anyone more uncomfortable than Scott Bessent. <br>What’s it like to destroy yourself in public, Scott?</p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a></p>
Nonilex<p>“Who pays <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> Mr. Secretary?”</p><p>During a congressional hearing on Tuesday, Rep. Mark Pocan (D-WI) was clearly unsatisfied w/the stumbling nonresponse from <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a>.</p><p><a href="https://masto.ai/tags/Bessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bessent</span></a> stammered, eventually telling <a href="https://masto.ai/tags/Pocan" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Pocan</span></a>, "It's a very complicated question."</p><p>Hmmm. Is it really?</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a></p>
☮ ♥ ♬ 🧑💻<p>Day 32 🗳️💨</p><p>Things are coming in thick and fast today, so I’ll try to summarise the major themes. </p><p>No Policies of the <a href="https://ioc.exchange/tags/Liberal" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Liberal</span></a>, <a href="https://ioc.exchange/tags/LNP" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LNP</span></a> and <a href="https://ioc.exchange/tags/Coalition" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Coalition</span></a>. </p><p><a href="https://ioc.exchange/tags/AngusTaylor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AngusTaylor</span></a> (Opposition Treasurer, Liberal) hands in his <a href="https://ioc.exchange/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> homework late, it’s got problems. </p><p>A 🎃 derivative that is toxic ☢️</p><p>“A Coalition government would drive the <a href="https://ioc.exchange/tags/budget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>budget</span></a> deeper into <a href="https://ioc.exchange/tags/deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>deficit</span></a> over the coming two years, as the shadow finance minister, <a href="https://ioc.exchange/tags/JaneHume" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JaneHume</span></a>, insisted her party’s plan to save $17.2bn by <a href="https://ioc.exchange/tags/slashing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>slashing</span></a> the number of <a href="https://ioc.exchange/tags/Canberra" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Canberra</span></a>-based <a href="https://ioc.exchange/tags/PublicServants" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PublicServants</span></a> by 41,000 through “natural attrition” was achievable.”</p><p>If returned to power, the Coalition would gut a long list of environment and clean energy programs, including <a href="https://ioc.exchange/tags/scrapping" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>scrapping</span></a> the <a href="https://ioc.exchange/tags/NetZero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NetZero</span></a> <a href="https://ioc.exchange/tags/Economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economy</span></a> <a href="https://ioc.exchange/tags/Agency" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Agency</span></a>, reversing Labor’s <a href="https://ioc.exchange/tags/TaxBreaks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TaxBreaks</span></a> for <a href="https://ioc.exchange/tags/ElectricVehicles" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ElectricVehicles</span></a>, and redirecting money slated for the <a href="https://ioc.exchange/tags/HomeBatteries" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HomeBatteries</span></a> program.</p><p><a href="https://ioc.exchange/tags/Reversing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Reversing</span></a> tax incentives for green hydrogen would save $1.5bn over four years, and not proceeding with Labor’s critical mineral production tax credits would save $1.2bn, the Coalition’s election policy costings show.”</p><p><a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AusPol</span></a> / <a href="https://ioc.exchange/tags/treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>treasury</span></a> / <a href="https://ioc.exchange/tags/costings" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>costings</span></a> / <a href="https://ioc.exchange/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> / <a href="https://ioc.exchange/tags/future" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>future</span></a> <<a href="https://www.theguardian.com/australia-news/2025/may/01/coalition-costings-federal-election-promises-larger-deficit-cut-foreign-aid-environment-clean-energy" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/australia-news</span><span class="invisible">/2025/may/01/coalition-costings-federal-election-promises-larger-deficit-cut-foreign-aid-environment-clean-energy</span></a>></p>
Democracy Matters :verified:<p>And nobody’s better at destroying his own credibility than Scott Bessent. </p><p>Treasury Secretary Scott Bessent defends the 'strategic uncertainty' of Trump's trade talks: 'Nobody's better at creating this leverage' <br><a href="https://www.businessinsider.com/scott-bessent-trump-tariffs-trade-strategic-uncertainty-2025-4" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">businessinsider.com/scott-bess</span><span class="invisible">ent-trump-tariffs-trade-strategic-uncertainty-2025-4</span></a></p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/GOPLiar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GOPLiar</span></a> <a href="https://mstdn.social/tags/GOPWhore" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GOPWhore</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a></p>
Democracy Matters :verified:<p>Bessent Does Not Back Up Trump’s Claim of Trade Talks With China’s Xi<br><a href="https://www.nytimes.com/2025/04/27/us/politics/bessent-trump-xi-tariffs.html?unlocked_article_code=1.C08.pkc4.enZoZJUreWWo&smid=url-share" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/04/27/us/poli</span><span class="invisible">tics/bessent-trump-xi-tariffs.html?unlocked_article_code=1.C08.pkc4.enZoZJUreWWo&smid=url-share</span></a></p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/TrumpAdmin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpAdmin</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a></p>
Democracy Matters :verified:<p>Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent ‘into fascism’<br><a href="https://www.cnbc.com/2025/04/25/yale-treasury-scott-bessent-trump-fascism-us.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/04/25/yale-treas</span><span class="invisible">ury-scott-bessent-trump-fascism-us.html</span></a></p><p><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://mstdn.social/tags/Yale" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Yale</span></a> <a href="https://mstdn.social/tags/ResignScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ResignScottBessent</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a></p>
Nonilex<p>“It was like an aspiration for most the world. And we’re eroding that <a href="https://masto.ai/tags/brand" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>brand</span></a> right now,” <a href="https://masto.ai/tags/billionaire" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>billionaire</span></a> <a href="https://masto.ai/tags/KenGriffin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>KenGriffin</span></a> said.</p><p>Griffin, founder of one of the largest hedge funds in the world, said that traders are concerned about parking their investments in the <a href="https://masto.ai/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UnitedStates</span></a> — particularly US <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://masto.ai/tags/bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>bonds</span></a> — because <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> have destroyed faith that America will remain a TRUSTED & RATIONAL actor in global financial markets.</p><p><a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trumpcession</span></a> <a href="https://masto.ai/tags/Citadel" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Citadel</span></a> <a href="https://masto.ai/tags/TradeWar" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TradeWar</span></a></p>
Nonilex<p>The NYT’s report added that the next acting <a href="https://masto.ai/tags/IRS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IRS</span></a> chief is expected to be the dpty secy of the <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a>, Michael Faulkender. If that proves true, he’ll be the 5th person to serve as the IRS’ leader in the last 3 months. <a href="https://masto.ai/tags/Chaos" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Chaos</span></a></p><p>In Jan, then-IRS Commissioner Danny Werfel, who was nominated by <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Biden</span></a>, resigned on Inauguration Day as <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> prepared to replace him. Werfel was followed by Doug O’Donnell, a longtime IRS ofcl, who stepped down 1 month later.</p><p><a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> <a href="https://masto.ai/tags/idiocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>idiocracy</span></a> <a href="https://masto.ai/tags/kakistocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>kakistocracy</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a></p>
Nonilex<p>But to fully appreciate just how <a href="https://masto.ai/tags/ridiculous" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ridiculous</span></a> conditions have become at the <a href="https://masto.ai/tags/IRS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IRS</span></a>, consider the revolving door in the commissioner’s office. NYT reported:</p><p>The acting commissioner of the IRS is being replaced after <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ScottBessent</span></a> complained to <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> that the latest leader of the agency had been installed without his knowledge & at the behest of billionaire <a href="https://masto.ai/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ElonMusk</span></a>.</p><p><a href="https://www.nytimes.com/2025/04/18/us/politics/irs-scott-bessent-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=4C23BC3F-F585-4DFF-A35D-742FEBC997A0" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/04/18/us/poli</span><span class="invisible">tics/irs-scott-bessent-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=4C23BC3F-F585-4DFF-A35D-742FEBC997A0</span></a></p>
Nonilex<p>The <a href="https://masto.ai/tags/authority" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>authority</span></a> to investigate & change <a href="https://masto.ai/tags/TaxExempt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TaxExempt</span></a> statuses rests solely w/ <a href="https://masto.ai/tags/IRS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IRS</span></a>, & the president is BARRED from directly or indirectly requesting that the agency exercise that <a href="https://masto.ai/tags/power" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>power</span></a> against taxpayers [including <a href="https://masto.ai/tags/universities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>universities</span></a>].<br>Andrew De Mello, the IRS’s acting chief counsel, received the request Wed from ofcls in the <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> Dept…
The Trump admin has displaced numerous IRS leaders to empower political allies…
Trump on Tues [YESTERDAY] appointed Gary Shapley the agency’s acting commissioner….</p>
UK<p><a href="https://www.europesays.com/uk/18594/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/uk/18594/</span><span class="invisible"></span></a> Investors are dumping bonds. Here’s why that’s a problem. <a href="https://pubeurope.com/tags/Bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bonds</span></a> <a href="https://pubeurope.com/tags/Bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bonds</span></a>(finance) <a href="https://pubeurope.com/tags/Budget" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Budget</span></a> <a href="https://pubeurope.com/tags/BudgetDeficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BudgetDeficit</span></a> <a href="https://pubeurope.com/tags/deficit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>deficit</span></a> <a href="https://pubeurope.com/tags/Department" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Department</span></a> <a href="https://pubeurope.com/tags/Donald" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Donald</span></a> <a href="https://pubeurope.com/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DonaldTrump</span></a> <a href="https://pubeurope.com/tags/Finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Finance</span></a> <a href="https://pubeurope.com/tags/financial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>financial</span></a> <a href="https://pubeurope.com/tags/FinancialMarketsNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialMarketsNews</span></a> <a href="https://pubeurope.com/tags/Investing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Investing</span></a> <a href="https://pubeurope.com/tags/Markets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Markets</span></a> <a href="https://pubeurope.com/tags/Negative" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Negative</span></a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>News</span></a> <a href="https://pubeurope.com/tags/of" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>of</span></a> <a href="https://pubeurope.com/tags/Overall" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Overall</span></a> <a href="https://pubeurope.com/tags/OverallNegative" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OverallNegative</span></a> <a href="https://pubeurope.com/tags/stocks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>stocks</span></a> <a href="https://pubeurope.com/tags/StocksU0026Bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StocksU0026Bonds</span></a> <a href="https://pubeurope.com/tags/the" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>the</span></a> <a href="https://pubeurope.com/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> <a href="https://pubeurope.com/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>trump</span></a> <a href="https://pubeurope.com/tags/U" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>U</span></a>.S. <a href="https://pubeurope.com/tags/U" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>U</span></a>.S.DepartmentOfTheTreasury <a href="https://pubeurope.com/tags/u0026" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>u0026</span></a> <a href="https://pubeurope.com/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UnitedStates</span></a> <a href="https://pubeurope.com/tags/us" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>us</span></a> <a href="https://pubeurope.com/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USA</span></a></p>
Coach Pāṇini ®<p>“If the U.S. keeps up the <a href="https://mastodon.world/tags/tariff" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariff</span></a> chaos, we start slowly bleeding your <a href="https://mastodon.world/tags/BondMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BondMarket</span></a>.”</p><p>“And so they did. </p><p>“Not a fire sale. </p><p>“Not a bombastic news conference. </p><p>“Just a subtle slow bleed of U.S. <a href="https://mastodon.world/tags/Treasury" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Treasury</span></a> bonds, signaling to investors across Asia and Europe: the dollar is no longer a sure thing. </p><p>4/n</p>
ExploreLive feeds
Mastodon is the best way to keep up with what's happening.
Follow anyone across the fediverse and see it all in chronological order. No algorithms, ads, or clickbait in sight.
Create accountLoginDrag & drop to upload