Trump threw another lavish party as his DOJ asked the Supreme Court to stop it from being forced to pay food stamps for 40 million Americans. Yes, this is *different* from last week’s Gatsby party. www.thedailybeast.com/trump-hosts-...

We've added some detail to the Hutchins Center Fiscal Impact Measure to break out our estimates of the impact of OBBBA, tariffs, and uncertainty on GDP growth www.brookings.edu/articles/hut... @brookings.edu

10-year-old beekeeper takes on Santa Rosa city govenrment -- and wins. www.latimes.com/california/s...

What is Wall Street most worried about these days? From a NYFed survey summarized in Fed's new Financial Stability Report www.federalreserve.gov/publications...

As you round the corner on Shanghai’s Shimen Second Road, a giant ship, "The Louis," appears like an apparition. Suspended from its hull, the anchor is in the shape of two six-foot-tall letters: LV. The ship-shaped exhibition space and store, is the brainchild of Louis Vuitton. on.ft.com/3JPvdWE

Thank you Congressman Neguse for laying it plain.

Axios challenges NYTimes story www.axios.com/2025/11/07/d...

Will bond markets force fiscal repair? A @financialtimes.com podcast I did yesterday with Carmen Reinhart, Ugo Montrucchio, and Andrew Hill. (Free registration required to watch) event-registration.ft.com/register/8a3...

What happens to TIPs if CPI is delayed? "If the CPI for a particular month is not reported by the last day of the following month, we will announce an index number based on the last available 12-month change in the CPI." www.govinfo.gov/content/pkg/...

So that's why there have been so many long field goals at NFL games lately. A rule change allows teams to soften the footballs used for kicking. By @wsj.com's Andrew Beaton. www.wsj.com/sports/footb...

Not only was Sandwich Guy acquitted. He was acquitted on a misdemeanor after Jeanine Pirro failed to get an indictment for a felony assault charge out of a grand jury. www.washingtonpost.com/dc-md-va/202...

Ben Bernanke, revisiting earlier work, shows how much financial distress of borrowers, not just lenders, significantly depressed credit flows, spending and economic activity in the Great Depression -- and politicians saw normalization of credit flows as top priority. www.aeaweb.org/articles?id=...

A novel take on why fertility rates are falling from the recent Brookings Papers on Economic Activity conference. My podcast interview with the authors. @brookings.edu www.brookings.edu/articles/are...

YIMBy win? NYC voters ok'd: - measure that would make it much harder for a single city-council member to block new housing projects. - two proposals to speed approvals process for affordable housing and modest projects. www.wsj.com/real-estate/...

New data on the #EconJobMarket as of Nov 2. Based on total # of job listings on JOE, this year continues to be even weaker (by 11%) than during COVID (2020). 1/many #EconSky

Rep. Jared Golden: Why I'm not seeking reelection www.bangordailynews.com/2025/11/05/o...

I asked Fed Gov. Lisa Cook after all she's been through -- confirmation, Trump trying to fire her -- what she'd tell young people about the pros and cons of a career in public service. Her answer:

Australia has launched a plan to force energy companies to offer free electricity to households three hours during the day, aiming to use excess solar capacity and rebalance the grid away from coal and gas. on.ft.com/4hE8VUe

After all she has been through, what would Fed Gov Lisa Cook say to a young person about the costs and benefits of going into public service? VIDEO. www.youtube.com/live/I2kcFtP... via Hutchins Center @brookings.edu

Lisa Cook, in comments not in her prepared remarks, refers to her legal fight to keep Trump from firing her. VIDEO www.youtube.com/live/I2kcFtP...

Why do U.S. municipal transit agencies pay so much for buses? And what policy changes could bring the price down? A Hutchins Center @brookings.edu video with Ed Glaeser and Samantha Silverberg youtu.be/XLTGu8HFvuQ?...

Making America Great Again? The EU has seen a surge in interest from American academics applying for grants, as US researchers increasingly look for options abroad in response to President Donald Trump’s attacks on higher education. on.ft.com/48VFJWB via @financialtimes.com

Remember the PIGS (Portugal, Italy, Greece, Spain)? www.wsj.com/economy/euro...

Goldman: Assuming the shutdown lasts around 6 weeks, we estimate it will reduce quarter-on-quarter annualized growth in 2025Q4 by 1.15pp, with a slightly larger boost of 1.3pp to growth in 2026Q1 as some federal purchases and investment spills over from Q4 to Q1.

Women dancing for Trump’s Mar-a-Lago guests

Dancers at Trump’s Halloween party as people begin losing food stamps under his administration

French Finance Minister Roland Lescure is a helluva salesman as his interview with @theeconomistnews.bsky.social Money Talks podcast illustrates. www.economist.com/podcasts/202...

VIDEO: Georgetown law prof Steve Vladek gives a short talk on the Supreme Court's evolution on 'unitary executive,' the president's power to fire independent agency commissioners, and what this all says about the LIsa Cook case. via @piie.com www.youtube.com/live/WcwEPbs....

Entertaining. John Cochrane and Larry Summers sort of debate at @piie.com conference on central bank independence. VIDEO www.youtube.com/live/WcwEPbs... #econsky

Any of you kids hoping to get into politics, watch a true master do his thing.

SSA/IRS chief Frank Bisgnano's company, Fiserv, in trouble less than a year after he left (and after he sold his shares to join govt for twice what they are worth now) on.ft.com/3JCP2Ae

“They were careless people, Tom and Daisy--they smashed up things and creatures and then retreated back into their money or their vast carelessness, or whatever it was that kept them together, and let other people clean up the mess they had made…”

Institute for Progress: How the US could do for rare earths what it did with the Operation Warp Speed for COVID vaccines. ifp.org/how-to-imple...

Video from the illuminating Urban Institute discussion on what govenros should consider in selecting the next round of #OpportunityZones www.urban.org/events/selec...

Big tech is planning to pour $400 billion into artificial intelligence efforts this year. They all say it’s nowhere near enough. Investment boom, yes. Bubble? www.wsj.com/tech/ai/big-...

Vice Chair Bowman cutting Fed's supervision and reg staff byt 30% www.wsj.com/economy/cent...

Patel's girlfriend performed at Penn State last weekend. A government jet arrived at State College Regional Airport, according to its FAA registration, with an address listing the FBI HQ. The plane then flew to Nashville, where his girlfriend lives. All on the taxpayer’s dime. trib.al/TBvPo7A

Seemingly?

Yesterday, Fed funds futures market saw a December rate cut as a near certainty. After today's Powell press conference, it seems 66% chance. Via CME Fed Watch. www.cmegroup.com/markets/inte...

Fed will reinvest all principal payments from its mortgage-based agency securities into Treasury bills through secondary market purchases. www.newyorkfed.org/markets/opol...

change in time: 12:30 ET

📢 NEW: We are pleased to announce that @klobuchar.senate.gov will be joining our event tomorrow to deliver remarks on SNAP. Additionally, @fooddepository.bsky.social’s Danielle Perry is joining our panel of leading experts. See the updated agenda and RSVP: www.hamiltonproject.org/event/addres...

Addressing threats to the SNAP program Thursday, Oct 30, 1:00 PM – 2:00 PM EDT Hamilton Project @brookings.edu (Online only)

Federal Reserve Governor Lisa Cook: The outlook for the economy and monetary policy. Monday, Nov. 3, 2 pm EST Hutchins Center @brookings.edu www.brookings.edu/events/fed-g...

Ontario's Doug Ford: Trump called our ad a “hostile act,” but it was meant as an encouragement to embrace what has made our nations great. www.wsj.com/opinion/doug...

Justice Kavanaugh: "and those individuals may promptly go free after making clear to the immigration officers that they are U.S. citizens or otherwise legally in the United States."

Rupert Murdoch-owned @thetimes.com of London completely fabricates a hit piece on @zohrankmamdani.bsky.social , gets called out by former mayor Deblasio — then deletes it.🤔

New from NOTUS: What is the biggest blind spot in current US oversight of the financial system? www.notus.org/perspectives...