Sarah Binder

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Sarah Binder

Sarah Binder

@bindersab

Political scientist by day (and night), GWU and Brookings, Co-editor https://t.co/DQuDBe4bIq

Katılım Şubat 2010
191 Takip Edilen10K Takipçiler
Sarah Binder
Sarah Binder@bindersab·
The Congress that keeps on giving 🤓 Another discharge petition snags 218 signatures. Highest "hit rate" over the 90+ year history of (this version of) the discharge rule. GOP lawmakers seem to pay little if any penalty for bucking party leaders.
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Sarah Binder
Sarah Binder@bindersab·
Second one from the bottom bears a resemblance to SF’s Chonker 😂
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Daniel Schuman
Daniel Schuman@danielschuman·
The House Administration Committee just unanimously reported an important bill to update how the Librarian of Congress and GPO Director are appointed and removed. It will now be up to Congress. This is a big step forward for leg branch independence. @HouseAdmin @HouseAdm_Dems
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Sarah Binder
Sarah Binder@bindersab·
Writing's been on the wall— more turbulent times for Fed post financial crisis for sure. Remarkable shift all the same— especially given bipartisan support for Trump’s 2018 pick of Powell. Warsh has work cut out for him to earn Democratic support from the (Senate) boss.
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Sarah Binder
Sarah Binder@bindersab·
Kevin Warsh confirmed Fed chair on most partisan confirmation vote ever (since Congress mandated separate vote to confirm chair). Dems likely deemed Warsh too close to Trump-- unwilling to distance himself from POTUS before the Senate even on who won the 2020 election.
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Sarah Binder
Sarah Binder@bindersab·
Figure ⤴️note: Tallies show % of senators present and voting, by party; 18 senators missed the Yellen vote admidst a polar 🌨️🧊 vortex; voice votes treated as 100% support for both parties.
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Sarah Binder
Sarah Binder@bindersab·
Rank and file lawmakers have also beat the 60-year-old record for highest percentage of petitions securing 218 signatures 👏🏆 And yes, the modal hit rate over the history of the "modern" discharge rule (1935-present) is zero.
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Sarah Binder
Sarah Binder@bindersab·
Fitting that Tillis is in the chair for tonight's (eventual) Warsh cloture vote on his Board seat. That assumes Tillis is still in the chair after the hour or more it takes the Senate to finish the first roll call vote of the day 🙄
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Mark Spindel
Mark Spindel@PotomacRC·
In 2018, it took Trump a mere five months to go from swearing in to swearing at Jay Powell. Hhow long until Kevin Warsh receives similar treatment? (Citation in replies)
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Mark Spindel
Mark Spindel@PotomacRC·
press.princeton.edu/books/hardcove… (w @bindersab)
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Colby Smith@colbyLsmith

“If this becomes a tried-and-true path to bully a central banker out of office, then we will see its invocation again,” warns @Petercontibrown “I think it’s shaken to the core central bankers’ willingness to experiment,” leaving officials inclined toward “fighting whatever comes their way using the tools that strike them not as best suited” but rather as “least controversial”

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Sarah Binder
Sarah Binder@bindersab·
3) Most importantly: Congress reasserted itself as boss-- determining whether/when President Trump could succeed in replacing his own hand-picked Fed chair with another hand-picked Fed chair. Contra Warsh's claim that "Fed independence is largely up to the Fed," Fed needs help.
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Sarah Binder
Sarah Binder@bindersab·
1) Key takeaway from Trump (🌮) move to abandon criminal investigation of Powell & Fed renovation cost overruns: "Fed independence" is no sure thing. The Fed needs defenders-- players who will come to the Fed's defense when politicians try to bully central bankers for lower rates
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ringwiss
ringwiss@ringwiss·
@bindersab Missed opportunity for a massive bouquet in the colours of the American flag.
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ringwiss
ringwiss@ringwiss·
Apparently little-known fact:
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