Kayla Lahti retweetledi
Central Bank Independence — To What Degree? @tom_hoenig on Fed independence. open.substack.com/pub/finregrag/…
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Kayla Lahti
2.4K posts
Kayla Lahti
@klahti
Program manager, financial markets and monetary policy @mercatus.
Arlington, VA Katılım Temmuz 2008
972 Takip Edilen785 Takipçiler
Kayla Lahti retweetledi
The Fed’s Overton window appears to be changing. Recent speeches suggest a shift in thinking from supply-driven ample reserves to demand-driven liquidity. Details in my latest newsletter:
macroeconomicpolicynexus.substack.com/p/the-feds-ove… @vtg2 @NickTimiraos @Isabel_Schnabel @conksresearch
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@Eleanor_Mueller The Fed's IG was already asked to look into the cost overruns last July according to a letter Powell sent to the Senate Banking Committee. 🥱
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❗️Pirro says she has “directed [her] office to close our investigation” of the Fed’s renovation as the central back’s inspector general “undertakes this inquiry” ⬇️
US Attorney Pirro@USAttyPirro
This morning the Inspector General for the Federal Reserve has been asked to scrutinize the building costs overruns – in the billions of dollars – that have been borne by taxpayers. The IG has the authority to hold the Federal Reserve accountable to American taxpayers. I expect a comprehensive report in short order and am confident the outcome will assist in resolving, once and for all, the questions that led this office to issue subpoenas. Accordingly, I have directed my office to close our investigation as the IG undertakes this inquiry. Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.
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@broadwaybabyto Sorry for the loss of your mother. My paternal grandmother died at 45 from pancreatic cancer. (I never met her.) Always haved hoped for a cure.
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Pancreatic cancer killed my mom when she was just 48 years old.
It’s a devastating disease that’s almost always discovered too late.
A vaccine like this would save so many lives!
Jonathan Reiner@JReinerMD
Long term follow up of a phase 1 trial of an mRNA tumor vaccine shows that 7/8 patients with pancreatic cancer, who mounted an immune response to the vaccine, are still alive 6 years later. This is breathtaking data and shows the promise of mRNA vaccines. nbcnews.com/health/cancer/…
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I love Euro summer (in a generic sense ofc Europe is huge). But we also have New England summer, Florida Keys summer, Puerto Rico (Caribbean) summer, Hawaii summer, Big Sur summer. I’m missing a bunch more. But this country is just insane!
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If you visit the Wharf in DC, it's worth walking to the Titanic memorial.
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@JohnGoldman Wow, if that's your heart on a run, what's it at when you are on a brisk walk?
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5.55 miles at 9:41 with a 125 HR
In Nov I did 12:38 at 135.
Even a month ago I was happy with 10:20 at 135.
I’ve taken minutes off my time and added years to my life.
I am totally different on a physiological level than when I started #ProjectUnreasonable.
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Kayla Lahti retweetledi
In other news, I'm suing the US government for covering up its plans to create a central bank digital currency (CBDC).
cato.org/blog/why-im-su…
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Kayla Lahti retweetledi
Fed balance sheet reform coming to the Fed! Not only is there a speech, but also a "𝑨 𝑼𝒔𝒆𝒓'𝒔 𝑮𝒖𝒊𝒅𝒆 𝒕𝒐 𝑹𝒆𝒅𝒖𝒄𝒊𝒏𝒈 𝒕𝒉𝒆 𝑭𝒆𝒅𝒆𝒓𝒂𝒍 𝑹𝒆𝒔𝒆𝒓𝒗𝒆'𝒔 𝑩𝒂𝒍𝒂𝒏𝒄𝒆 𝑺𝒉𝒆𝒆𝒕" Amazing! federalreserve.gov/econres/feds/a…
Federal Reserve@federalreserve
Speech by Governor Miran on prospects for shrinking the Fed’s balance sheet @EconClubofMiami: federalreserve.gov/newsevents/spe… Watch live: youtube.com/live/PxcqPsuzM… Learn more about Governor Miran: federalreserve.gov/aboutthefed/bi…
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@ATabarrok Actually, I know that's a thing if you're getting numbing. My dad was refused treatment because his BP was too high.
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@ATabarrok Never been asked to have my blood pressure checked at the dentist! Didn't know that was a thing.
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Went to the dentist for a cleaning. Refused the blood pressure check, refused redundant x-rays, refused to sign a waiver for refusing the x-rays. Three nos to get one teeth cleaning. I am now known as a troublemaker.
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Kayla Lahti retweetledi
The Fed’s growing role in debt markets is blurring the line between monetary and fiscal policy.
In recent testimony, @tom_hoenig explains how clearer Treasury–Fed boundaries could reinforce price stability and central bank independence.
More from his testimony below.
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.@mercatus scholar @tom_hoenig and affiliated scholar Jeff Lacker testifying.
Financial Services GOP@FinancialCmte
HAPPENING NOW: Chairman @RepFrankLucas convenes the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity hearing entitled: "Revisiting the Treasury-Fed Accord." 📺Tune in x.com/i/broadcasts/1…
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"We think we've got it." Sen. Lummis on reaching a compromise on stablecoin yield vs. rewards at @DigitalChamber Blockchain Summit.
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Kayla Lahti retweetledi
After more than a decade of uncertainty, this interpretation will provide market participants with a clear understanding of how the SEC treats crypto assets under federal securities laws.
This is what regulatory agencies are supposed to do: draw clear lines in clear terms.
U.S. Securities and Exchange Commission@SECGov
TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets. This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets. Read the release here: ow.ly/XhhV50YvxvO
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Kayla Lahti retweetledi
“We’re not the securities and everything commission anymore.”
Paul Atkins@SECPaulSAtkins
Our interpretation on crypto assets—grounded in existing law and informed by extensive public input—acknowledges what the former administration refused to recognize... Most crypto assets are not themselves securities.
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Kayla Lahti retweetledi
New episode! Neha Narula, Anders Brownworth, and Daniel Aronoff on Understanding Stablecoins in the GENIUS Era
Watch @neha, @anders94, @danaronoff, and @DavidBeckworth discuss their work at DCI, the current state of stablecoins, their paper on the hidden plumbing of stablecoins, the basic mechanics of stablecoins, the technical and operational risks of stablecoins, the implications for the treasury market, interoperability between blockchains, and much more.
youtu.be/7IxjJAPQFb8
YouTube
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Kayla Lahti retweetledi
The gerrymander would make Northern Virginia the main power base in 5 seats vs. 3.5 today.
Taking seats from the working class Shenandoah & Tidewater and giving them to the *richest region in the country.*
It's Robin Hood in reverse.
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Kayla Lahti retweetledi
Chair Hill on stablecoin flows: "It is worth noting, however, that this likely would not have a material impact on the aggregate deposits in the banking system [... ] but this would have impacts on the nature and distribution of deposits across the system"
fdic.gov/news/speeches/…
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@TugboatPhil This redistricting would give additional representation to federal workers and contractors in Congress. Just what we need!
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What makes the Virginia General Assembly's illegal redistricting plan so evil is that it has 5 US Congressional districts all merge in Fairfax County.
They want northern Virginia to run the entire state. They want the legal system to be just like theirs.
Fairfax GOP@FairfaxGOP
🚨 HOW TO GET AWAY WITH MURDER IN FAIRFAX COUNTY: A STEP-BY-STEP GUIDE 🚨 Step 1: Write out a detailed murder plot. Call it "The Plan." Step 2: Get a gun and a lock-picking kit. Step 3: Break into a father's home while his wife and two young children are sleeping. Step 4: Shoot him 10 times in his bed. Step 5: Get arrested. Step 6: Claim insanity. Step 7: Wait for Soros-funded Commonwealth's Attorney Steve Descano to accept your plea — no trial, no conviction, no prison. Step 8: Get sent to a mental health facility where you're eligible for release after your very first annual evaluation. Congratulations. You just got away with murder in Fairfax County, Virginia. 👏 Think we're exaggerating? This is EXACTLY what just happened to the killer of Gret Glyer — a charity CEO, husband, and father who was executed in his own bed. The killer wrote down a premeditated murder plot. He carried it out step by step. And Descano's office handed him an insanity plea on a silver platter. The insanity defense is used in less than 1% of cases nationally and only succeeds about 25% of the time. But under Descano, 11 killers — about 1 in 5 of all recently disposed murder cases — have escaped conviction this way. You are literally 100x more likely to beat a murder charge by claiming insanity in Fairfax County than anywhere else in America. This isn't a justice system. It's a revolving door — built by a prosecutor who owes his office to nearly $1 million in George Soros PAC money. And every Democrat in Fairfax County lets it happen. Board Chairman Jeff McKay. Governor Abigail Spanberger. Attorney General Jay Jones. Congressmen Don Beyer, Suhas Subramanyam, and James Walkinshaw. Not one of them has said a word. Gret Glyer's mother stood outside the courthouse and said: "When there is no punishment for a premeditated murder, there's no hope in the criminal justice system." She's right. And it won't change until YOU change who's in charge. 🗳️ 2026: Vote out the Democrats who stay silent. 🗳️ 2027: Take back Fairfax County. SHARE this so every family in Fairfax knows the truth about what's happening in their courthouse. Read the full story: fairfaxgop.org/fairfax-county…
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