Croatia central bank governor Boris Vujčić will succeed Luis De Guindos as #ECB Vice President. His nomination does not really clarify the field of the race for the Presidency of the ECB : he's both a Hawk and from a Mediterranean country (so South of Europe) www.bloomberg.com/news/article...

BREAKING: Federal Reserve Chair Jerome Powell will attend the Supreme Court's hearing on Trump's attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.

Je suis très heureuse d'annoncer que mon nouveau livre La finance aux extrêmes. Enquête sur le capitalisme autoritaire en France, sort le 22 janvier prochain aux éditions la Découverte. On y parle gestion d'actifs, transformations des manières d'accumuler et nouveaux modes de gouvernement.

Wow... Writing this paper was a bit like watching a soap opera unfold. But it's out now in @bjpir.bsky.social The big story is still: The ECB marched forward, with clear democratic authorisation, but not the Fed. Green central banking is much more democratic than people think.

still my heart - REPO IS VERY SYSTEMIC piece @alphaville.ft.com 1. We still have no granular data, a full 17 years since run on repo blew up Lehman into a global financial crisis. The OFR now has data on US repo, but European repo is also USD 12 trillion (roughly) www.ft.com/content/220d...

📣 New #openaccess #BJPIR article out now! 'Why the Fed and ECB parted ways on climate change: The politics of divergence in the global central banking community' by @monicadileo.bsky.social, @glennrudebusch.bsky.social & @jvtk.bsky.social 🔗 buff.ly/hF3lr0B @polstudiesassoc.bsky.social

Senator Murkowski just announced that she will also block the senatorial confirmations of any #Fed nominees until the administration backtracks on its latest attack against the Federal Reserve's independence. Just two more GOP Senators to go !

Imho the Trump administration latest attack on the Fed might backfire & prevent the MAGA executive from imposing its views at the helm of the central bank. Why? Because presidential nominations to the Fed board of governors have to be confirmed by the Senate. A 🧶 www.politico.com/news/2026/01...

Imho the Trump administration latest attack on the Fed might backfire & prevent the MAGA executive from imposing its views at the helm of the central bank. Why? Because presidential nominations to the Fed board of governors have to be confirmed by the Senate. A 🧶 www.politico.com/news/2026/01...

NEW: Trump tells @nytimes.com that he has made up his mind on his selection for Fed chair, but stopped short of disclosing his pick. When asked about Hassett, he said: "I don’t want to say," but described him as "certainly one of the people that I like" www.nytimes.com/2026/01/08/u...

Happy to share that my next book 'The Fiscal Fed' will be published by University of Chicago Press in Fall 2026! Cover design pending: happy to share this beautiful poster from the Harvard Law and Political Economy Project (2023).

Le compte X du Ministère de l'Intérieur 🇺🇸 appelle ouvertement à la déportation de masse des personnes non-blanches, en utilisant une notion ("remigration") qui découle du fantasme raciste, suprémaciste et conspirationniste du "grand remplacement". Une étape suplémentaire dans la fascisation des US

This is huge, right? They just Trump-proofed the Fed.

Imho, the bond market won't resist any of the five profiles currently considered by the Trump administration for Fed chair. The eventual test of the bond market resolve to act as the vigilante protecting the Fed independence would be if the Supreme Court allows the firing of Lisa Cook

By financial literacy, the 🇪🇺 Commission means convinving people to put their savings in the financial markets' casino, by mobilising symbolic violence ('literate' invests in stocks vs 'illiterate' saves in bank account) This is pure propaganda for propping the financial sector profits. Shameful

THE ASSET CLASS, my first book, will be published by @wnbooks.bsky.social on 9 April 2026. It’s a narrative investigation of private equity, a secretive and relentlessly destructive wing of finance that penetrates almost every aspect of our lives - and it’s available to pre-order now!

I am very happy to report that my article on the strange non-death of credit rating agencies has been published in New Political Economy. www.tandfonline.com/doi/full/10.....

An intervention into current debates around authoritatian threats to central bank independence and whether we should be defending it. My gratitude to @solveigdegen.bsky.social for the invitation and to @kpolanyisociety.bsky.social for publishing it. www.karlpolanyisociety.com/2025/12/04/f...

An absolute must read for every political scientist working on interest groups in the #EU This is a textbook case of corporate sector lobbying to dismantle regulations that they perceive as harmful for their profitability ( #CSDDD is not even transposed into national law and yet already gutted)

Essential (but disheartening) article by @euractiv.com on how EU corporate sector & its lobbyists built a coalition with the VdL 2 Commission, and the right-to-far-right majority in the EP to dismantle EU regulations. From the Brussels effect to the Brussels defect www.euractiv.com/news/counter...

Perso, je parie sur le poste de Chief Economist (donc pour succéder à Philip Lane, dont le mandat se termine le 31 mai 2027) et sur la désignation d'Agnès Bénassy-Quéré ou de Laurence Boon

Cette nouvelle position du #RN sur la #BCE & les questions monétaires va imho probablement contribuer à ce qu'un.e français.e soit désigné.e pour succéder à de Guindos ou à Lane, et ainsi remplir le "quota" FR à l'ExBoard avant le scrutin présidentiel de 2027 www.lemonde.fr/politique/ar...

The AxPo Observatory on Market Society Polarization at Sciences Po is offering a 2-year postdoctoral position focusing on socioeconomic polarization and fragmentation. Ph.Ds in sociology, economics, political science, and related fields are encouraged to apply. www.sciencespo.fr/axpo/applica...

The US Supreme Court just announced that it will hear arguments on January 21 in the case Cook v. Trump The Supreme Court ruling will determine if Trump can remove Federal Reserve Governor Lisa Cook and will therefore have major implications for the #Fed 's independence from the executive branch.

Pourquoi une supervision financière centralisée à l'échelle européenne est nécessaire ? Réponse avec le cas fort parlant de Coinbase (une plateforme étasunienne de crypto-actifs), présentée sous la forme d'une pièce de théâtre en trois actes

After Manfred Weber and Jörgen Warborn, now it's Metsola's turn to advocate for the EPP to build parliamentary majorities with the far-right, in order to gut the Green Deal and implement massive deregulation www.politico.eu/article/euro...

📢 New paper out in New Political Economy: "Depoliticising monetary tightening: how the European Central Bank managed the 2021–2023 inflation shock" Thread here below 👇 www.tandfonline.com/doi/full/10....

Fascinating piece by @politico.com on the remaking of lobbying in DC caused by the authoritarian drive of #Trump 2.0 administration (namely the hyper-centralization of decision making in the hands of the White House, at the expenses of Congress & federal agencies) www.politico.com/news/2025/10...

Kinda looks like the September 2019 repo glut : Quantitative Tightening => depletion of banks' excess reserves > liquidity pressures & ↗️ of repo lending rates => increasing use of Fed standing repo facility Key question for next Fed meeting : just end QT or restart QE ? www.ft.com/content/6066...

New report out now with @granthamlse.bsky.social CETEx: "A framework for central banks navigating political uncertainty in the transition" cetex.org/publications...

Today's decision seems to confirm that the US Supreme Court means to differentiate between the #Fed and the other independent agencies : in Trump v Slaughter (the for-cause removal of an FTC Commissioner litigation), the Court granted the administrative stay while setting oral arguments for December

Lisa Cook 1 - Trump 0 La Cour Suprême des États-Unis a rejeté la demande de la Maison Blanche d'application immédiate du limogeage de la gouverneure de la Fed annoncé par Trump le 25/8, et opté pour entendre les plaidoiries des deux parties en janvier avant de statuer www.ft.com/content/0430...

📢 Call for Papers — 5th Political Economy Working Group Workshop 🗓️ 30 Jan 2026, Université Saint-Louis Bruxelles The workshop is divided into two parts: Morning: PhD research presentations. Afternoon: open to all, concluding with @benbraun.bsky.social. Abstracts due 1 Dec 2025 All details below:

What a terrific idea to foster economic growth: instead of public investment (in infrastructure, or digital & green transitions for example), let's use public money to incentivise (through costly tax breaks) an increase in households' risk-taking, by putting their savings into bonds & stocks.

Pour tout comprendre au processus de fabrication des sondages d'opinion et à leur utilisation dans le champ médiatique & politique, je vous recommande vivement ce passionnant ouvrage d' @hugotouzet.bsky.social, disponible dans toutes les bonnes librairies : editions.ehess.fr/ouvrages/ouv...

Comment expliquer les tentatives de #Trump de prendre le contrôle de la Federal Reserve et de sa politique monétaire ? J'ai esquissé quelques éléments de réponse sur @franceculture.fr, dans Entendez-vous l'éco ? Merci @alietteh.bsky.social pour l'invitation ! www.radiofrance.fr/francecultur...

Très bonne émission d'Endendez-vous l'Eco et @alietteh.bsky.social aujourd'hui. @adecabanes.bsky.social revient sur la décision récente de J. Powell de ⬇️ les taux après des mois de pression de Trump et sur le débat persistant autour de l’indépendance de la Fed www.radiofrance.fr/francecultur...

Comment expliquer les tentatives de #Trump de prendre le contrôle de la Federal Reserve et de sa politique monétaire ? J'ai esquissé quelques éléments de réponse sur @franceculture.fr, dans Entendez-vous l'éco ? Merci @alietteh.bsky.social pour l'invitation ! www.radiofrance.fr/francecultur...

Décryptage de la saturation récente de l'espace public par la dette. @blast-info.fr @edladecouverte.bsky.social youtu.be/R7oaD5Hy_zw?...

Nice @bloomberg.com graph depicting the evolution of #France sovereign credit rating since the Eurozone crisis. It shows the role of the social & political crisis caused by Macron (2023 pension reform, 2024 snap election and subsequent governmental instability) in the current cycle of downgrading.

Since the start of von der Leyen's second mandate, EU sustainable finance norms face intense dismantling pressures. My new @JEPP article shows this started years ago when the fossil fuel industry “woke up” to the EU Taxonomy. 🧵 #EUTaxonomy #SustainableFinance👇 1/10

🚨 New paper accepted in @JCMS_journal! 🚨 "Central bankers as migrating birds: How inflation shapes the rhetorical strategies of doves and hawks" With Bart Stellinga and Matthias Thiemann Paper: doi.org/10.1111/jcms... Blog: lnkd.in/eNAm9NzA

Fascinating piece by @clemfon.bsky.social on the political struggles surrounding the classification of economic activities as sustainable in the EU Taxonomy. The article explains how the Taxonomy has been watered down by analyzing the conflicts between the Commission & interest groups. A must-read !

I'm really pleased to be featured in @justmoney.bsky.social's current scholarship post. Looking at the Bank of Japan and Fed archives, I argue that QE was always linked to public-sector support, but that effect was deliberately suppressed in central banks' public research and other comms.

Bayrou a bouleversé la rentrée politique en annonçant hier la convocation d’une session extraordinaire du Parlement le 8 septembre, durant laquelle le PM engagera la responsabilité de son gouvernement. Comment lire et interpréter cette décision ? Un thread 🧶 1/23 www.lemonde.fr/politique/ar...

Bayrou a bouleversé la rentrée politique en annonçant hier la convocation d’une session extraordinaire du Parlement le 8 septembre, durant laquelle le PM engagera la responsabilité de son gouvernement. Comment lire et interpréter cette décision ? Un thread 🧶 1/23 www.lemonde.fr/politique/ar...

Just received this statement from Lisa Cook: "President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so. I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022."

Trump posts a letter stating that he is removing Fed Governor Lisa Cook

France 10-year sovereign bond yield is at 3.37%, a level that is not worrying per se. However, the comparison with other €-Area countries does not look good: 🇨🇵 10y bond yield is just a bit lower than 🇮🇹 (3.52%) & 🇬🇷 (3.38%) and it is higher than 🇪🇸 (3.26%) & 🇵🇹 (3.11%) 1/3 www.ft.com/content/6ab6...

Let's "The Apprentice but at the Federal Reserve's Board of Governors" season 2 begin ! Season 1 recap : it started pretty well back in 2017, but let's not forget that it ended up with one character (i.e. the Senate) stopping all the action #Goodfriend #Cain #Moore #Shelton