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Tonantzin Carmona

@tonantzin-tlc.bsky.social
295 followers 223 following 40 posts

Director of Economic Policy at @tcfdotorg.bsky.social Former: @brookings.edu, WH NEC, Treasury, Sen. Warren, City of Chicago. Opinions mine.

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Tonantzin Carmona @tonantzin-tlc.bsky.social · 1h
New Trumpflation Tracker from @banking.senate.gov puts numbers behind what families are feeling: Since Dec. 2024, cumulative inflation is up 5.2%, and the avg. American household is paying about $3,388 more due to inflation under Trump. substack.com/home/post/p-... 🧵
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The Century Foundation @tcfdotorg.bsky.social · 22h
More than half of the income gains seen by the typical U.S. worker since 2022 have been swallowed by debt payments. Our new analysis w/ @protectborrowers.bsky.social shows how rising debt is eroding workers’ power. Read more in @commondreams.org: www.commondreams.org/news/worker-...
commondreams.org
As Affordability Crisis Grows Under Trump, Workers Are Losing Half Their Income Gains to Debt Payments | Common Dreams
"Families are going further into the red just to cover basic essentials, all while the Trump administration touts hollow talking points about a booming economy."
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PERI Umass Amherst @periumass.bsky.social · 05/10/2026
Socialism for the rich and austerity for the poor, that's the financial system we've built in the United States. Now Crypto and AI companies want even more control, but we have a plan to put power back in the hands of working people.
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PERI Umass Amherst @periumass.bsky.social · 02/10/2026
Billionaire tech oligarchs are taking control of our financial system at the cost of our democracy. We cannot bail out crypto and AI companies on the backs of working Americans. Join the next Game Changers webinar to learn more: bit.ly/GCWebinarLabor THURSDAY OCT. 8 / 4:30-5:30PM ET
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Kyle K. Moore @kdoc-writes.bsky.social · 02/10/2026
Tough economic report card heading into November...the already stagnant labor market is grinding to a halt 😮‍💨 Slow hiring, real wages falling, and all this on top of a growing pile of household debt. There's only so much uncertainty + erratic policy the economy can take...
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Anne S Kim @anne-s-kim.bsky.social · 02/10/2026
Employers added only 29,000 jobs in September. Jobs numbers for July and August were also revised downward by 60,000. Job numbers for July shifted from +21,000 to -10,000. (!!!) This is the Trump economy. www.bls.gov/news.release...
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Anne S Kim @anne-s-kim.bsky.social · 30/09/2026
Shocking new study from @tcfdotorg.bsky.social finds that 10 percent of household income is now going toward debt (and eating up much of the gain in workers' wages). tcf.org/content/repo...
tcf.org
Half of Every Dollar: How Household Debt Eats Into Workers’ Income Gains
Executive Summary For years, the headline economic data describing workers’ well-being have been weak: over the year ending in August, the most recent
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The Century Foundation @tcfdotorg.bsky.social · 30/09/2026
Debt is a worker power issue. When you can't afford a minute without your paycheck, you can't leave a bad job, negotiate a raise, or take a risk on a better one. We asked @warren.senate.gov to react to our findings about this debt with @protectborrowers.bsky.social👇
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The Century Foundation @tcfdotorg.bsky.social · 29/09/2026
A raise isn’t the same as more money to live on. But why? Read our new report with @protectborrowers.bsky.social to find out: tcf.org/content/repo...
tcf.org
Half of Every Dollar: How Household Debt Eats Into Workers’ Income Gains
Executive Summary For years, the headline economic data describing workers’ well-being have been weak: over the year ending in August, the most recent
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The Century Foundation @tcfdotorg.bsky.social · 29/09/2026
Workers are earning more. But more than half of those income gains are being swallowed by debt. For the typical worker, 52¢ of every $1 of income growth went to debt payments.
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Lindsay Owens @lindsayowens.bsky.social · 29/09/2026
Thanks to @halsinger.bsky.social, @ddayen.bsky.social, and @prospect.org for this glowing and thorough review of Gouged. It’s here. Get your copy today: Bookshop: bit.ly/GougedBookshop Amazon: bit.ly/GougedAmazon PRH: bit.ly/GougedPRH
bit.ly
Gouged: The End of a Fair Price--and What That Means for Your Wallet
“A thrilling true crime story about how the largest corporate monopolies in America have hatched a scheme to pick our pockets. Gouged is the book corporate America does not want you to read.”—Robert B...
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Tonantzin Carmona @tonantzin-tlc.bsky.social · 29/09/2026
New paper from @tcfdotorg.bsky.social & @protectborrowers.bsky.social on a missing piece of the affordability debate: debt Since 2022, debt payments rose 14.8% while real income grew just 1.7%. For the typical worker, 52 cents of every additional dollar went to debt payments tcf.org/content/repo...
tcf.org
Half of Every Dollar: How Household Debt Eats Into Workers’ Income Gains
Executive Summary For years, the headline economic data describing workers’ well-being have been weak: over the year ending in August, the most recent
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Dean Baker @deanbaker13.bsky.social · 14/09/2026
Trump sets yet another record-high diesel price, $6.23 a gallon gasprices.aaa.com No one thought it could be done!
gasprices.aaa.com
AAA Fuel Prices
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MediaJustice @mediajustice.bsky.social · 09/09/2026
UPDATE: Meet the speakers following crypto money. 💰 @traceycorder.bsky.social, Patrick Woodall, Chastity Murphy, Vasudha Desikan, and @tonantzin-tlc.bsky.social join us TOMORROW at 6PM ET to break down how crypto billionaires are turning their wealth into political power. bit.ly/resistbrobots
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Lenore Palladino @lenorepalladino.bsky.social · 04/09/2026
semester is gearing up so sharing the resources I've created that can be useful for teaching: - political economy of corporations/markets/finance public library w/ 2500+ items organized by topic - economic policy data dashboard to give students (& you!) an easier way to find different datasets 🧵
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The Century Foundation @tcfdotorg.bsky.social · 03/09/2026
Big news: We’re expanding TCF’s economic policy team to build a research agenda for an economy that works for working people. Meet the four leaders bringing decades of experience in economic policy, government, research, and advocacy to this work: go.tcf.org/econteam
The Century Foundation logo above the headline 'TCF Expands Economic Policy Team.' Below are four circular headshots in black and white: Tonantzin Carmona, Director of Economic Policy; Kyle K. Moore, Chief Economist; Lorelei Salas, Senior Fellow; and Sameera Fazili, Visiting Senior Fellow, each with their name and title beneath their photo.
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Tonantzin Carmona @tonantzin-tlc.bsky.social · 03/09/2026
Excited to officially join @tcfdotorg.bsky.social as Director of Economic Policy! Looking forward to working with this incredible team at such an important moment for economic policy.
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Todd Tucker @toddntucker.com · 20/08/2026
I wanted to learn more about @sanders.senate.gov's proposal for taxing the shares of AI companies, so I went to the academics that helped inspire the proposal. Here's my conversation with @bearerfriend.bsky.social and @polcz.bsky.social. www.firesidestacks.com/p/bernies-ai...
firesidestacks.com
How Bernie’s AI tax idea came to be (with Jeremy Bearer-Friend + Sarah Polcz)
Meet the experts who put AI public equity stakes on the map.
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Roosevelt Institute @rooseveltinstitute.org · 19/08/2026
Prediction markets and crypto are two emerging areas of finance where the rules are still being written. Who gets to shape those rules matters. But so far, this administration has prioritized industry demands over consumer protection. 🧵
motherjones.com
Trump's White House business shindig will be a cesspool of financial conflicts
He's welcoming leaders of crypto firms and prediction markets—industries he's deeply invested in—to discuss regulation.
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Corey Frayer @csfrayer.bsky.social · 14/08/2026
A brief history of the CLARITY Act - all the way back to SBF. eyeontech.substack.com/p/no-clarity...
eyeontech.substack.com
No Clarity on the CLARITY Act: A Timeline
The president and the crypto industry may have doomed their own bill
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Shelly Lundberg @shellyjlundberg.bsky.social · 14/04/2026
My book (!) How Economics Discovered Women is now available for pre-order from the University of California Press. The book is a survey and critique of how the economics of gender has developed since the mid-1970s. www.ucpress.edu/books/how-ec...
ucpress.edu
How Economics Discovered Women by Shelly Lundberg - Hardcover
Scholarship is a powerful tool for changing how people think, plan, and govern. By giving voice to bright minds and bold ideas, we seek to foster understanding and drive progressive change.
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Roosevelt Institute @rooseveltinstitute.org · 07/08/2026
An extraordinary wrinkle in the Senate's CLARITY Act negotiations: A proposal meant to address President Trump's crypto conflicts of interest by requiring divestment could also let him defer taxes on those sales—and avoid paying millions more in taxes.
bloomberg.com
Trump May Net Tax Windfall in Crypto Bill Divestiture Plan
The bipartisan ethics proposal senators have pitched to President Donald Trump to get landmark crypto legislation over the line in Congress could trigger a significant tax benefit for the president: t...
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Jacob Silverman @jacobsilverman.com · 03/08/2026
My book GILDED RAGE: ELON MUSK AND THE RADICALIZATION OF SILICON VALLEY is coming out in paperback next month, just in time for Musk to try to buy the midterms. Still some cheap hardcovers at online retailers. gildedrage.com
gildedrage.com
Gilded Rage: Elon Musk and the Radicalization of Silicon Valley
AVAILABLE NOW
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isaac @sevier.io · 02/08/2026
Our fire fighters deserve the world.
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Todd Tucker @toddntucker.com · 30/07/2026
NEW @rooseveltinstitute.org: as wildfires & heatwaves rage, we are not powerless. As 19 authors argue in our 157-page "Building Up in 2029" report, we can adapt & expand Biden & Trump experiments to create lasting state capacity to tackle climate change. 🧵🧵 rooseveltinstitute.org/publications...
rooseveltinstitute.org
Building Up in 2029: How to Make Green Statecraft Durable
Explore 17 essays on durable US climate and industrial policy after Inflation Reduction Act rollbacks, covering governance, planning, finance, and production.
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Roosevelt Institute @rooseveltinstitute.org · 28/07/2026
We treat roads and utilities as essential infrastructure. Why not the systems that move our money? @tonantzin-tlc.bsky.social lays out how public payment rails could cut through the fees and delays that make everyday financial transactions harder than they need to be.
peri.umass.edu
From Public Money to Public Rails: Reclaiming the Infrastructure of Money and Payments
The Problem Money is a public good, but the infrastructure that moves it is fragmented and largely controlled by private intermediaries. Payment delays, transaction fees, and uneven access increase co...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 30/07/2026
🌍 "International Tax Justice for a Democratic Economy" by Lauren Johnston and Thomas Liess would strengthen international tax rules so multinational corporations pay their fair share, helping countries invest in people, public services, and long-term prosperity peri.umass.edu/publication/...
peri.umass.edu
International Tax Justice for a Democratic Economy
The Problem The United States suffers persistent constraints on its public resources while foregoing more tax revenue than any other country due to multinationals’ tax evasion. The U.S. loses between ...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 30/07/2026
💰 "Funding the Future While Reducing Inequality" by Gerald Epstein and Aaron Medlin shows how the full Game Changers agenda can be financed through fairer taxes on wealth and corporations, while reducing inequality and investing in America's future peri.umass.edu/publication/...
peri.umass.edu
Funding the Future While Reducing Inequality
Executive Summary The Game Changers initiative proposes 30 economic policies designed to help make the United States a stronger, fairer, and greener economy for all Americans. In this policy note,…
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 30/07/2026
🛡️ "A Smaller, Safer Military" by Lindsay Koshgarian would shift U.S. national security from global dominance toward defense, strengthening diplomacy, reducing unnecessary military spending, and investing instead in the foundations of long-term security peri.umass.edu/publication/...
peri.umass.edu
A Smaller, Safer Military
This policy brief complements the Game Changers policy brief by Heidi Peltier: “De-Militarizing the Federal Budget and Recalibrating the Labor Market.” The Problem U.S. military strategy is driven by ...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 30/07/2026
🕊️ "De-Militarizing the Federal Budget and Recalibrating the Labor Market" by Heidi Peltier would reduce Pentagon spending & reinvest those resources in clean energy, infrastructure, & good-paying jobs, while supporting workers and communities through a just transition peri.umass.edu/publication/...
peri.umass.edu
De-Militarizing the Federal Budget and Recalibrating the Labor Market
THE PROBLEM: AN OVERLY MILITARIZED FEDERAL BUDGET Nearly half of all U.S. discretionary spending — 48 percent as of May 2026 — flows to the Department of Defense. Adding the Department of…
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Tonantzin Carmona @tonantzin-tlc.bsky.social · 30/07/2026
As the conflict in Iran continues and Americans grapple with rising costs at home, these questions about our national priorities feel especially timely.
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Roosevelt Institute @rooseveltinstitute.org · 29/07/2026
Today, @wsj.com released its months-long investigation into RealToken, a private-equity crypto business that has put tenants in Detroit through hell—selling fractional ownership to foreign investors and collecting rent but failing to maintain properties.
wsj.com
How a $140 Million Crypto Real Estate Empire Fell Apart
Watch how RealToken went from attracting thousands of global investors to liquidating its $140 million portfolio.
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 29/07/2026
National Disaster Insurance for All by @moira.bsky.social would create a national disaster insurance program and invest in community resilience, helping keep coverage affordable while making homes and neighborhoods safer as climate risks grow peri.umass.edu/publication/...
peri.umass.edu
National Disaster Insurance for All: Single-Payer Disaster Insurance and Community Resilience Investments for Safer and More Affordable Housing
The Problem The climate crisis is fueling extreme weather and increasing disaster risk for households and housing providers across the country, representing collectives risks that no individual househ...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 29/07/2026
💡 Toward Housing as a Human Right by @aldasky.bsky.social, @sevier.io & Maddison Wells would expand housing vouchers to every eligible family, cover utilities, and improve housing quality, helping eliminate extreme housing and energy insecurity peri.umass.edu/publication/...
peri.umass.edu
Toward Housing as a Human Right: Eliminate Extreme Housing and Energy Insecurity with a Safe Housing Foundation
The Problem Most Americans living in deep housing insecurity are renters, unhoused, or precariously housed. Only one quarter of households eligible for a Housing Choice Voucher are able to get one; th...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 29/07/2026
🏠 National Rent Control by @markpaulecon.bsky.social would cap annual rent increases nationwide, helping stabilize housing costs, reduce displacement, and give renters immediate relief while longer-term housing solutions take shape peri.umass.edu/publication/...
peri.umass.edu
National Rent Control
The Problem The majority of the 44 million households who rent their homes in the U.S. are cost burdened, spending at least 30% of their income on housing.[1] And it is not just low-income families…
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 29/07/2026
🏘️ The Social Housing Development Authority by @hjacobcarlson.bsky.social proposes a federal developer, lender, and land bank to expand permanently affordable, green housing—creating more than 1.2 million homes while supporting good jobs and cutting emissions peri.umass.edu/publication/...
peri.umass.edu
The Social Housing Development Authority
The Problem Half of renters and a quarter of homeowners have unaffordable housing – the highest rates on record. Meanwhile, 17% of global emissions come from our homes, making the need to…
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 29/07/2026
A stronger economy starts with affordable housing. The latest @gamechangerspolicy.bsky.social housing proposals call for: 🏘️ Social housing 🏠 National rent control 💡 Rent & energy bill assistance 🌪️ National disaster insurance Read more: gamechangerspolicy.org
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Tonantzin Carmona @tonantzin-tlc.bsky.social · 28/07/2026
Grateful to the @rooseveltinstitute.org for sharing my latest paper. Drawing on lessons from Brazil’s Pix, I argue that the future of payments doesn’t belong to stablecoins or Big Tech. It can be fast, low-cost, and built in the public interest.
trooseveltinstitute.org
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Juliet Schor @julietschor.bsky.social · 28/07/2026
A great proposal by @moira.bsky.social Birss about how to deal with the climate-induced insurance crisis. The latest from @gamechangerspolicy.bsky.social
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Juliet Schor @julietschor.bsky.social · 28/07/2026
And finally, shouldn't decent housing be a human right? It is, in the Universal Declaration of Human Rights. Let's make it real. We've been waiting about 75 years. This one is great.
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Tonantzin Carmona @tonantzin-tlc.bsky.social · 28/07/2026
As Congress debates stablecoins, the bigger question is who builds, governs, and benefits from the infrastructure that moves money? My new paper, drawing lessons from Brazil's Pix, argues the future of payments can be fast, low-cost, and built in the public interest peri.umass.edu/publication/...
peri.umass.edu
From Public Money to Public Rails: Reclaiming the Infrastructure of Money and Payments
The Problem Money is a public good, but the infrastructure that moves it is fragmented and largely controlled by private intermediaries. Payment delays, transaction fees, and uneven access increase co...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 28/07/2026
Protecting Consumers & Our Financial System from Silicon Valley Fintechs by @profhilaryallen.bsky.social – As Big Tech pushes further into finance, consumers deserve stronger safeguards: peri.umass.edu/publication/...
peri.umass.edu
Protecting Consumers and Our Financial System from Silicon Valley Fintechs
Consumers today are increasingly relying on uninsured fintechs for core banking services. Silicon Valley fintechs are increasingly providing consumers with an alternative to bank deposit accounts. Mos...
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 28/07/2026
From Public Money to Public Rails by @tonantzin-tlc.bsky.social – As stablecoins push into payments, who should control the infrastructure that moves our money? peri.umass.edu/publication/...
peri.umass.edu
From Public Money to Public Rails: Reclaiming the Infrastructure of Money and Payments
The Problem Money is a public good, but the infrastructure that moves it is fragmented and largely controlled by private intermediaries. Payment delays, transaction fees, and uneven access increase co...
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Jathan Sadowski @jathansadowski.com · 21/07/2026
This important report puts forth a bold policy vision for a National Housing Resilience Agency which would oversee the social transformations around risk reduction and equitable protection that are necessary for everybody to flourish in a changing climate. Incredible work by @moira.bsky.social
peri.umass.edu
National Disaster Insurance for All: Single-Payer Disaster Insurance and Community Resilience Investments for Safer and More Affordable Housing
The Problem The climate crisis is fueling extreme weather and increasing disaster risk for households and housing providers across the country, representing collectives risks that no individual househ...
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isaac @sevier.io · 27/07/2026
Here's the proposal from @aldasky.bsky.social, Maddison Wells, and myself on how we can eliminate housing and energy insecurity immediately for millions of people while also driving deep residential decarbonization for the climate. It's win-win-win policy for people, planet, and faith in government.
peri.umass.edu
Toward Housing as a Human Right: Eliminate Extreme Housing and Energy Insecurity with a Safe Housing Foundation
The Problem Most Americans living in deep housing insecurity are renters, unhoused, or precariously housed. Only one quarter of households eligible for a Housing Choice Voucher are able to get one; th...
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isaac @sevier.io · 27/07/2026
Here's a plan for housing as a human right: ☑️ National rent control ☑️ Universal rent and energy bill assistance ☑️ National disaster insurance ☑️ Social housing development Proud to put this forward with @aldasky.bsky.social @markpaulecon.bsky.social @moira.bsky.social @hjacobcarlson.bsky.social
peri.umass.edu
Game Changers: Economic Policies for a Working America
Game Changers presents policymakers with bold, new ideas to build a stronger, fairer, greener, and more inclusive economy for all Americans.
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Molly White @molly.wiki · 27/07/2026
My newest Citation Needed project made an appearance on @lastweektonight.com! It’s a work in progress, but you can see the new interactive version of my map of the Trump family’s crypto ventures at map.citationneeded.news.
John Oliver speaking on Last Week Tonight, gesturing to an overlay of my web of the Trump family’s crypto businesses. The subtitles say “keeping track of them have wound up making diagrams like this”.
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 27/07/2026
A more stable, equitable financial system: -No More Bailouts -End Financial Instability to Protect Household Income & Wealth -Reclaiming the Infrastructure of Money & Payments @tonantzin-tlc.bsky.social -Protecting Consumers & Our Financial System from Silicon Valley Fintechs -Public Banking
gamechangerspolicy.org
Game Changers: Economic Policies for a Working America
Game Changers presents policymakers with bold, new ideas to build a stronger, fairer, greener, and more inclusive economy for all Americans.
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Game Changers: Economic Policies for a Working America @gamechangerspolicy.bsky.social · 27/07/2026
What if we rewrote the rules of our economy to better serve people, communities, and the public interest? This week's Game Changers proposals explore bold ideas for Righting the Rules, from financial regulation and housing to public investment and tax policy. 🌐 GameChangersPolicy.org
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Ben McKenzie @benmckenzie.bsky.social · 24/07/2026
On Monday I’ll be speaking at a forum on Capitol Hill entitled: “Trump’s Crypto Corruption”. I’ve got a few things to get off my chest. @blumenthal.senate.gov @vanhollen.senate.gov www.blumenthal.senate.gov/newsroom/pre...
blumenthal.senate.gov
BLUMENTHAL & VAN HOLLEN TO HOLD PUBLIC FORUM ON TRUMP’S CRYPTO CORRUPTION | U.S. Senator Richard Blumenthal of Connecticut
[WASHINGTON, D.C.] – On Monday, July 27, 2026, at 3:30 PM, U.S. Senators Richard Blumenthal (D-CT), Ranking Member of the Senate Permanent...
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