Mark Calabria

When life gives you lemons...

Dollar Funding and Housing Markets: The Role of Non-Us Global Banks @SSRN papers.ssrn.com/sol3/papers.cf…

Quantifying Deregulation and its Economic Effects - papers.ssrn.com/sol3/papers.cf…

Citizen scientists discover a Great Barrier Reef coral giant ‘like a rolling meadow’ | Great Barrier Reef | The Guardian theguardian.com/environment/20…

Oldest-known whale song recording provides new insight into ocean sounds | Whales | The Guardian theguardian.com/environment/20…

Veronica Hegens thought she’d made a sound financial decision in September 2023 by renting out her row house in Southwest D.C. Now the retired Army major is in danger of losing the property to foreclosure because of a tenant who hasn’t paid rent since October and who also has no immediate plans to leave. bit.ly/4bfbEC6

@JeffClarkUS @ItsYourGov @MHowellTweets Congratulations Jeff, they are extremely lucky to get you 🦸‍♂️🦅🇺🇸🚀

Today, I started my next professional chapter as the Vice President of Litigation at the Oversight Project, @ItsYourGov. Very to be pleased to join @MHowellTweets and the whole team! Politico got the news as well. Good to start on St. Patrick’s Day. My Dad, who was half-Irish, would be especially proud. itsyourgov.org/oversight-proj…

‘A molten, mushy state’: scientists may have found a new type of liquid planet theguardian.com/science/2026/m…

Nice first set @moeperiod at DC’s Lincoln Theater

For your weekend listening pleasure, #GratefulDead 3/14/90, lucky to have caught this one, was a smoker, 3 night run was one of my favorites archive.org/details/gd1990…

Banks' Risk-Taking and Deposits Around Going Concern Opinions papers.ssrn.com/sol3/papers.cf…

The Great Revaluation: COVID-19 and the Structural Transformation of the American Housing Market @SSRN papers.ssrn.com/sol3/papers.cf…

Nice first set @GreyboyAllstars at @TheAtlantisDC

“[T]he administration is ‘less interested in where you went and more interested in how you did.’” In other words DJT noms were and are likely to graduate magna/summa/Coif/LR at a variety of schools. Biden noms…didn’t (or did YLS & got “🙁” in CivPro). news.bloomberglaw.com/us-law-week/ge…

New image reveals secrets of Milky Way galaxy in stunning detail theguardian.com/science/2026/f…

Audit Partners' Cultural Trust and Audit Outcomes papers.ssrn.com/sol3/papers.cf…

Investing in the Shadows: FinTech Growth and Mortgage Market Dynamics @SSRN papers.ssrn.com/sol3/papers.cf…

In my 40+ years of being an economist, I have never seen the Fed more overtly political. Nor have I seen a battle like this errupt between the Fed and Whitehouse. The Fed has always had an unwritten rule about commenting on fiscal policy issues. It quietly supported TARP. It ignored the Obama tax hikes, and the massive Biden deficits. It ignored millions of illegal immigrants crossing the border. It ignored hundreds of billions in spending and subsidies being shifted toward solar and wind, which are less productive than fossil fuels. It also monetized that spending with Quantitative Easing. It cut rates before the 2024 election (which it has always tried to avoid). Now some on the Fed are saying they want to raise rates due to fears of inflation even though inflation was higher in 2024 when it cut rates. And the Fed can’t shut up about tariffs. It is patently obvious that the Fed has decided to play politics. They will argue that Trump started it. But QE actually started it. The Fed funded big growth in government and deficits. For Kashkari to blame Hassett for undermining Fed independence is laughable. No one should know the names of the people on the Fed…but these people are trying to be controversial. They want to be political. The Fed’s balance sheet must be trimmed…along with many thousands of Fed staff. It is absolutely untrue that the world is safer because of the massive increase in the size of the Fed’s balance sheet. The Fed is full of itself. I want a smaller, humble, quiet and much less active Fed.

Nearly a year ago when Trump's immigration police began their surge into neighborhoods across the USA, many feared violence. The killing of Pretti and Good seemed to prove it. Problem is new data shows the opposite. Police killings are down.

Estimating the Cost of the Consumer Financial Protection Bureau to Consumers -- consumerfinance.gov/about-us/newsr… via @CFPB

Speech by Vice Chair for Supervision Bowman on revitalizing bank mortgage lending @ABABankers: federalreserve.gov/newsevents/spe… Watch live: x.com/ABABankers Learn more about Vice Chair for Supervision Bowman: federalreserve.gov/aboutthefed/bi…