The Biden administration could use the Congressional Review Act to reverse Trump rulemaking. But it’s easier said than done.
Recent Items
Sunday, September 14, 2025
Ins and Outs of Congressional Review Act and Climate Change Rules
Topics: Environment, Global warming, Guest Post, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 2:59 am | 4 Comments »
How Capitalism’s Dogged Defenders and Propagandists Shield It From Criticism
Richard Wolff takes on pro-capitalism propaganda.
Topics: Guest Post
Posted by Yves Smith at 12:32 am | 70 Comments »
2:00PM Water Cooler 1/20/2021
~ Today’s Water Cooler, featuring the Biden inaugural ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 183 Comments »
Central Bank Machinations with No Exit: ECB Leaks New Thingy, It’s Doing Yield Spread Control
Not your grandmother’s “yield curve control.” Only one thing that could force this ECB absurdity to end: a big bout of inflation.
Topics: Economic fundamentals, Europe, Free markets and their discontents, Guest Post, Investment outlook, Regulations and regulators
Posted by Yves Smith at 9:55 am | 10 Comments »
Links 1/20/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 178 Comments »
The CDC’s Mission Impossible
Sadly, the CDC’s new head does not look up to turning around the agency, even before getting to bizarre plans to expand its mission.
Topics: Health care, Pandemic, Politics, Regulations and regulators
Posted by Yves Smith at 6:54 am | 40 Comments »
Wikipedia: The Overlooked Monopoly
Low-quality anonymous “editors” combined with a Google tie-up turned an interesting experiment into an overlooked but destructive monopoly.
Topics: Banana republic, Free markets and their discontents, Guest Post, Market inefficiencies, Politics, Technology and innovation
Posted by Yves Smith at 5:45 am | 66 Comments »
The American Rescue Act: Do Whatever It Takes
The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Health care, Income disparity, Macroeconomic policy, Pandemic, Politics, The dismal science
Posted by Yves Smith at 5:08 am | 7 Comments »
2:00PM Water Cooler 1/19/2021
By Lambert Strether of Corrente. Bird Song of the Day Sadly, the state bird of Delaware, the Blue Hen, is not a distinct species. #COVID19 At reader request, I’ve added this daily chart from 91-DIVOC. The data is the Johns Hopkins CSSE data. Here is the site. I feel I’m engaging in a macabre form […]
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 105 Comments »
“They Left Us Starving”: How the Fashion Industry Abandoned Its Workers
Yves here. Many associate sweatshops in Sri Lanka and Bangladesh with “fast fashion,” aka the close-to-disposable frocks made by the likes of H&M. As this article explains, the use of ultra-cheap labor extends much further up the fashion food food chain. And these poorly-paid workers get thrown to the curb when orders fall off. By […]
Topics: Banana republic, Free markets and their discontents, Globalization, Guest Post, Income disparity, Pandemic, Regulations and regulators, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 9 Comments »
Links 1/19/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 198 Comments »
Perhaps It’s Time to Start Worrying About Italy Again
The causes for concern surrounding Italy are growing, even as the ECB keeps a tight lid on its bond yields, pushing its debt servicing costs lower as its debt explodes higher.
Topics: Banking industry, Economic fundamentals, Europe, Regulations and regulators
Posted by Nick Corbishley at 6:31 am | 12 Comments »
The Pain of Service Crapification
How Covid is extending the reach of crapification.
Topics: Free markets and their discontents, Pandemic, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 5:54 am | 82 Comments »
Will North Korea Explode After Biden Becomes President?
North Korea is in even more of an economic mess than before. Will that lead to more brinksmanship?
Topics: China, Doomsday scenarios, Globalization, Guest Post, Politics
Posted by Yves Smith at 4:26 am | 10 Comments »
The Class Composition of the Capitol Rioters (First Cut)
A self-funded, petite bourgeoisie riot?
Topics: Guest Post, Politics
Posted by Lambert Strether at 5:25 pm | 106 Comments »