After a brief reprieve, Trump is back with his pretextual war against Lisa Cook, which is in fact a war against the Federal Reserve

Thoughts on the Fed Chair's disastrous press conference, the logic to his reticence (and the WSJ's flip on discretionary central banking), Texas as a business Mecca, and more on mentoring young people

Plus thoughts on Better Markets, Open USD, a review of Regime Change, the LDS institution of YW camp, and a plea on Swiss Epic

The Court's opinion exposes it -- rightly, in my view, even as I celebrate the outcome -- to searing critique of playing politics. There was a better way.

As widely expected. But much else about the opinion surprised me

Downloading with my readers about what is on my mind

I have this temptation to retreat to comfort in social situations. Learning to reject that impulse has proven critical to understanding who I am and who I aspire to be.

Donald Trump has announced that Bill Pulte will serve as the Acting Director of National Intelligence. Welcome to the pultification of national security.

Thoughts on the Kevin Warsh era, plus supervisory risks, Belle Burden's marriage memoir, and rides/gear of the week

The Fed Chair will soon self-demote to Fed Governor. Let us know praise a deservedly famous man.

YouTube video by Macro Musings with David Beckworth

You ask, I answer, on the Fed's balance sheet, redesigning bank supervision, how Warsh will do, Mormons & godparents, whether triathlon training is fun, and how I use (and won't use) AI

Plus thoughts on liquidity reform, crypto over banking, the Atlanta Fed search, toe warmers, and the Securities Industry Institute

My thoughts on Treasury Secretary's critiques of Jay Powell, the 10% cap on credit card rates, the Trump lawsuit against JPMorgan Chase, the eternal debate on lifting heavy, and our dark moment in MN

The arguments got technical and focused mostly on procedure. Here is my take on who will win—and how—in Donald Trump’s legal war against the Federal Reserve.

My thoughts on Jay Powell's political strategy, the (over?) stimulated economy, bad ideas from Mohamed El-Erian, an ultra-light titanium road bike, and honoring the legacy of Martin Luther King, Jr.

I have questions, I have answers, on what Donald Trump is trying to do to the Federal Reserve and its Chair, Jerome Powell.

Some two-bit philosophizing courtesy of a break in the weather, Henry David Thoreau, and some parenting missteps.

What a mentor taught me about leadership & parenting, courtesy of weird 90s thrift-store fashion & the Mormon sacrament, or: herewith some controversial PCB thoughts on parenting

Thoughts on the Federal Home Loan Banks, supervisory resilience, SoFi's new stablecoin, Flowers for Algernon, Train Dreams, and 29 Day

Merry Christmas from the Conti-Browns! We had a wonderful day, perhaps the best I can remember. Herewith, some of the top memories that made it so special.

My father, Charlie Brown, had a hard, short life that left behind pain and trauma in his wake. Today's Christmas Eve post remembers the time I learned to live with his legacy

Some thoughts on the new Financial Growth Oversight Council, the Fed's reversed hostility to novel banking, the OCC's unserious debanking report, lessons on cycling in the wind, and a guest podcast.

In 2025, I changed my party affiliation from Democrat to independent, even though I have never been more alienated by the Republican Party. Today I declare that independence and explain it.

Are Kevin Hassett and Kevin Warsh members of the Magic Beans Coalition? Who will have the spine to say no to Donald Trump? Here's one way to find out.

Some thoughts on last week's FOMC, the unanimous reappointment of Reserve Bank presidents, zigs & zags in supervisio n, Mormons & civility, and the importance of the boring deload week

I look forward to 2026 as a milestone year that follows a milestone 2025. I have many goals.

Plus more on bank supervision, European digital currency, Larry Summers in exile, Radiohead, and more

Treasury Secretary Scott Bessent floated today a new “rule” that would require Reserve Bank presidents to have three years of residency in their district prior to appointment. Is this a good idea?

And other thoughts on central bank innovation, agentic AI, declining religiosity, and the glories of biking in Boston