Post

the President firing the two Democratic FTC officials was like a forty second news cycle

arstechnica.comFTC now has three Republicans and no Democrats instead of the typical 3-2 splitSenate puts third Republican on FTC while two Democrats sue Trump over firings.

Joshua G. Schraiber

@jgschraiber.bsky.social

14 Apr 2025

People don't realize how bad this precedent is. It's clear the market doesn't realize at least

Karl Bode

@karlbode.com

most business leaders like the idea of defanging our regulators because they're greedy idiots, or they're not really politically savvy enough to understand what fascism is

14/4/25, 2:49 pm0 reposts4 likes

Joshua G. Schraiber

@jgschraiber.bsky.social

14 Apr 2025

They all know how bad losing Fed independence would be though. They just have their fingers in their ears about the fact that the only thing standing between Trump and firing Powell is an incredibly convoluted SCOTUS opinion saying the Fed somehow isn't exercising executive power