NEW: A judge just cleared Revolution Wind to resume construction, calling the Trump administration‘s halt of the nearly-completed offshore wind farm the “height of arbitrary and capricious.” connecticut.news12.com/revolution-w...

These tactics are smart. Pick particularly unpopular tariffs that should unite various caucuses in Congress, build a constituency around it, and force evidence-based policy discussions. www.washingtonpost.com/politics/202...

"Almost everywhere you look, the spike of climate alarm that followed Paris has given way to something its supporters might describe as climate moderation but which critics would call complacency or indifference." @dwallacewells.bsky.social on climate's realism turn. www.nytimes.com/2025/09/16/m...

Complaints to New Jersey's energy rate regulator have tripled this year, as energy prices surge across the country. www.ft.com/content/4e19...

I'm going to be laughing about this line from Lucien Freud for the rest of my life www.newyorker.com/magazine/202...

Video killed the radio star, and social media killed the negative pop music review. www.newyorker.com/magazine/202...

NEWS: The D.C. Council just passed an emergency bill allowing anyone to get a COVID-19 vaccine without a doctor's prescription, which have been requested recently due to changes in federal vaccine recommendations. (And some D.C. residents have had to go to Maryland or Virginia.)

Thanks, Todd! It's actually the whole UT System, so an even bigger opportunity :)

Please join us!

New study shows a US border carbon fee could cut steel imports substantially - with direct imports from China almost being eliminated. www.globalefficiencyintel.com/impact-of-a-...

Congress continues to bless Trump's emergency tariff powers, blocking discharged disapproval resolutions through January. Speaker Johnson: Trump "has had the time and the ability to do what he's needed to do, and he's got some great trade agreements.” subscriber.politicopro.com/article/2025...

Excited to share my new blog with the @rooseveltinstitute.org : “Can China Break Nuclear Power’s Cost Curse—And What Can the US Learn?” Grateful to @toddntucker.com for the invitation and to the Roosevelt Institute editorial team for their terrific support.

NEW from @shangwei-liu.bsky.social @rooseveltinstitute.org: Can China Break Nuclear Power’s Cost Curse—and What Can the US Learn? This is part of a new series on how various countries and industries are approaching thorny tradeoffs in energy transitions. rooseveltinstitute.org/blog/can-chi...

US in talks to create critical minerals extraction fund, with $600 million coming from Development Finance Corporation ($100 m equity, $500 m debt), private Orion Resources partner investing $600 m, and possibly more coming from other sovereign wealth funds and US agencies www.ft.com/content/8d47...

South Korean president: "We will not conduct negotiations that are not rational or fair — that’s why it is difficult. On the surface, the ongoing talks appear rough, aggressive, excessive, irrational and nonsensical, but the final conclusion will end up being rational.” www.ft.com/content/8373...

"Though not a sovereign wealth fund, the SNB’s $855bn balance sheet of assets, including its tech holdings, put it in a similar league as some of the world’s largest state investment vehicles, including those of Singapore and Qatar," writes @mjruehl.bsky.social. www.ft.com/content/60a9...

Lecture for UT-Dallas in their DC campus! h/t @clintpeinhardt.bsky.social jobs.utdallas.edu/postings/30280

Good question from @ahecon.bsky.social: is the US getting hit with any ISDS cases over Trump's various second term shenanigans? According to UNCTAD and a quick search at IAReporter, it would appear not. Curious if anyone has heard otherwise. investmentpolicy.unctad.org/investment-d...

"Forcing the vote" on tariffs is a good tactic. Unfortunately, the fact that the resolutions are country-specific and not attracting many GOP votes makes the climb at SCOTUS more uphill. Looks like implicit endorsement of emergencies for other countries. abcnews.go.com/US/wireStory...

Real cult leader stuff over at Tesla, which is paying Musk a record breaking $1 trillion in stock. Obama should have taken a board seat for the US government when he had the chance. www.ft.com/content/a2b6...

The Afd "has increasingly drawn support from working-class voters in the Ruhr region in the west of the country, an area of North Rhine-Westphalia that has witnessed high immigration and struggled with deindustrialisation," per @chassnews.bsky.social. www.ft.com/content/b61b...

As @robinsonmeyer.bsky.social points out at @heatmap.news, the US government's plan to kill off emissions data reporting also kills off the mechanism through which carbon capture projects get tax credits Probably a significant net financial loss for a the few high-polluters with operational CCS?

One way to ditch Quarterly Capitalism Donald Trump calls for US companies to ditch quarterly reporting www.ft.com/content/d5d4...

"Trump and his sycophantic gang are depressing confirmation of the most pessimistic economist’s view. But that does not mean that the Democrats should close ranks around technocracy." - @adamtooze.bsky.social www.nytimes.com/2025/09/14/o...

Macro guys "don’t necessarily spend enough time thinking about how companies actually react to tariffs, contract length/terms, how companies actually react to tariffs in the context of the US vs other countries, what decisions companies might make to retain market share in the US, etc. "

The new front in the trade debate: hobbyist YouTube. www.nytimes.com/2025/09/10/m...

"Since forming in January, Free DC has trained about 5,000 people in the city’s eight wards, Chatterjee said, and held workshops on jury service, campaigning and how to safely take video of Immigration and Customs Enforcement and other federal agents." www.theguardian.com/us-news/2025...

Rubio and Trump seemed taken aback by the Hyundai enforcement action. With ICE budget and authorities expanding, who is running the show? www.ft.com/content/fdbe...

To make sure AI serves workers—not just tech monopolies—we need bold action: corporate regulation, worker voice, and sectoral bargaining. Read more from @elizabethwwilkins.bsky.social on the scale of #AI concentration in a new blog w/ @eop.aspeninstitute.org ⤵️ www.aspeninstitute.org/blog-posts/w...

“With this move, they’re taking away the practical and material capacity of the federal government to do the basic elements of climate policymaking”

Here's the distribution of over-retirement age members of the House in 2024. In the House in 2024, there were over twice as many over-70 year old Ds as Rs. This matters for seniority, committee assignments, visibility, etc

New piece from @arnabdatta.bsky.social and @petereharrell.bsky.social goes through the good and bad in the Trump MP Materials deal. They note it improves on past industrial policy (e.g. Tesla) while not addressing some current challenges. www.bloomberg.com/news/newslet...

In The New Republic, @toddntucker.com argues progressives must seize this moment to define a democratic, public-minded state capitalism.

88-year old DC Delegate "Norton did not once jump in to participate in the often heated back-and-forth between Democrats and Republicans... Instead, it was Maxwell Frost, the 28-year-old Democrat from Florida, who made the most waves" by calling out hypocrisy on states rights being denied to DC.

GAO: "If the US were to experience a hurricane season this year similar to last year’s, when Hurricane Helene and Hurricane Milton delivered a one-two punch along the Eastern Seaboard just weeks apart in September and October, FEMA would not have the staffing or resources to adequately respond."

people pretend that debate signals and defends a commitment to high minded politics. what it elevates instead is performative dishonesty as a basic mode of politics www.washingtonpost.com/opinions/202...

"Working-class lawmakers in Congress remain few and far between. “Nothing has changed,” said Nicholas @carnes.bsky.social, a professor of public policy at Duke University. “It’s been between zero and 2 percent forever.”"

The "we should have more younger members of Congress" conversation isn't just about things like whether committee chair term limits choke off paths to power. It's also about things like this.

This. "Trump’s genius is to keep pushing Democrats into reactive conservatism. That, plus the average age of the party’s leadership, makes Democrats look like permanently outraged grandparents." FDR's experimentalism and class hatred would be jarring to today's professional managerial class.

"The real question is no longer whether the state will act, but whose interests it will serve. Will it merely prop up incumbents and invite capture? Or can public ownership and golden shares be harnessed for resilience and equity?" @toddntucker.com newrepublic.com/article/2000... @newrepublic.com

Emerging North American alignment? Mexico: “We are going to take it higher to up to 50%, which the WTO allows us to do. Why? Because the prices at which they are arriving in Mexico are below what we call reference prices. The main objective is to protect jobs.” www.bloomberg.com/news/article...

Nuts Congress would do deep cuts to trade agencies at a time government is asking them to carry so much of the foreign & domestic policy agenda. It would be one thing if this is how they were checking WH overreach, but it's just cutting state capacity. subscriber.politicopro.com/newsletter/2...

You can really see the price impact of tariffs on audio equipment like speakers, microphones, & headphones—they're some of the few electronics not exempt from tariffs (most smartphones/computers are still tariff-free) & so prices are up more than 12% year-on-year

Despite some attrition, green and blue hydrogen projects on the rise. www.ft.com/content/48a6...

Theory on why markets shrug off Trump: 1. AI capex boom could bridge to more capex booms 2. No meaningful profit slowdown 3. Household debt to net worth is low 4. Banks and mergers buoyed by less regulation 5. Rate fall will help SMEs 6. Fed independence overated? 🤷‍♂️ www.ft.com/content/6f3c...

Chinese car industry needs to go from 130 manufacturers to 20 or fewer in the next few years, in order to maintain viability - as deep discounts come on the chopping block from the government. In the meantime, expect that capacity to end up on global markets. www.ft.com/content/90a8...

I pulled together an unofficial English translation of the US-Japan MOU on strategic investments from a few days ago. Here's a blog going through the explicitly non-legally binding terms and governance details, which could up being great or nothing. toddntucker.medium.com/us-japan-mou...

Brazilian banks unable to comply with both Trump's sanctions and Brazilian court orders. Meanwhile, Bolsonaro's supporters complain that they will now be judged by a panel including a judge they allegedly tried to kill. Hearts and prayers. Via @michaelpooler.ft.com www.ft.com/content/40db...

I think this also misreads the electoral mood. The Senate swing races are full of barnstorming populists like Sherrod Brown in OH, Talarico in TX, Platner in ME, Zach Wahls in IA, and Dan Osborn in NE. Even Cooper in NC and Ossoff in GA are running on much the same tone. No Manchinema there.

Congress finally picks a fight with admin -over Nvidia deal The bipartisan GAIN AI Act would "require major chipmakers to give US customers priority access to cutting-edge artificial intelligence chips before they can sell those same products in China." subscriber.politicopro.com/newsletter/2...