The administration is turning up the heat on Warsh ahead of the Fed meeting. www.cnbc.com/2026/09/05/t...

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It still sickens me this bigot mocked a disabled reporter and millions of Americans said, “No big deal. That’s who I want as president.”

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The president’s threat to halt trade with countries with which we have a trade deficit is self-defeating, stupid, and a non sequitur. But it’s also serious. Self defeating because countries with trade deficits recycle dollars into treasuries and reduce US interest rates.

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But it’s serious because the president crosses a new line by blackmailing the Fed, however stupid his calculus might be.

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Non sequitur because the fed doesn’t (or shouldn’t) care who the admin cuts trade with. That’s not a reason to cut rates. And the countries he’s punishing can’t pressure the fed to cut. It’s like “Clean your room or I’ll hit the neighbor’s cat.”

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