Antoine de Cabanes
@adecabanes.bsky.social
PhD student in Political Science at UCLouvain (ISPOLE)
Political Economy, Monetary Policy, Central Banks (ECB & Federal Reserve // monetary politics, accountability, expertise)
https://uclouvain.academia.edu/AntoinedeCabanes
Political Economy, Monetary Policy, Central Banks (ECB & Federal Reserve // monetary politics, accountability, expertise)
https://uclouvain.academia.edu/AntoinedeCabanes
Pinned
Trump denies reports he's close to firing Powell
Trump has demanded the central bank lower interest rates immediately.
www.axios.com
Dear President Donald J Trump, can you please let me finish writing my doctoral dissertation on the relationship between the Federal Reserve and the US political field & actors, before transforming these relationship in an unprecedented way?
Many thanks in advance
www.axios.com/2025/07/16/t...
Many thanks in advance
www.axios.com/2025/07/16/t...
Reposted by Antoine de Cabanes
Happy to share that my next book 'The Fiscal Fed' will be published by University of Chicago Press in Fall 2026!
Cover design pending: happy to share this beautiful poster from the Harvard Law and Political Economy Project (2023).
Cover design pending: happy to share this beautiful poster from the Harvard Law and Political Economy Project (2023).
December 23, 2025 at 3:11 AM
Happy to share that my next book 'The Fiscal Fed' will be published by University of Chicago Press in Fall 2026!
Cover design pending: happy to share this beautiful poster from the Harvard Law and Political Economy Project (2023).
Cover design pending: happy to share this beautiful poster from the Harvard Law and Political Economy Project (2023).
Le compte X du Ministère de l'Intérieur 🇺🇸 appelle ouvertement à la déportation de masse des personnes non-blanches, en utilisant une notion ("remigration") qui découle du fantasme raciste, suprémaciste et conspirationniste du "grand remplacement".
Une étape suplémentaire dans la fascisation des US
Une étape suplémentaire dans la fascisation des US
December 16, 2025 at 3:52 PM
Le compte X du Ministère de l'Intérieur 🇺🇸 appelle ouvertement à la déportation de masse des personnes non-blanches, en utilisant une notion ("remigration") qui découle du fantasme raciste, suprémaciste et conspirationniste du "grand remplacement".
Une étape suplémentaire dans la fascisation des US
Une étape suplémentaire dans la fascisation des US
Reposted by Antoine de Cabanes
This is huge, right? They just Trump-proofed the Fed.
@federalreserve.gov announces reappointment of Federal Reserve Bank presidents and first vice presidents after a comprehensive review by the boards of directors of each Reserve Bank, along with unanimous support by Federal Reserve Board members: www.federalreserve.gov/newsevents/p...
Federal Reserve Board announces reappointment of Reserve Bank presidents and first vice presidents
Following a comprehensive review by the boards of directors of the regional Reserve Banks, and the unanimous concurrence of Federal Reserve Board members, the
www.federalreserve.gov
December 12, 2025 at 1:50 AM
This is huge, right? They just Trump-proofed the Fed.
Imho, the bond market won't resist any of the five profiles currently considered by the Trump administration for Fed chair.
The eventual test of the bond market resolve to act as the vigilante protecting the Fed independence would be if the Supreme Court allows the firing of Lisa Cook
The eventual test of the bond market resolve to act as the vigilante protecting the Fed independence would be if the Supreme Court allows the firing of Lisa Cook
One important caveat: If you're hoping the market will resist a Hassett nomination, think again. The bond market will need to see hard evidence that Hassett is taking a political action that would risk an inflation spike. Just pushing for big rate cuts won't do it. Any reckoning is at best deferred.
December 12, 2025 at 5:41 PM
Imho, the bond market won't resist any of the five profiles currently considered by the Trump administration for Fed chair.
The eventual test of the bond market resolve to act as the vigilante protecting the Fed independence would be if the Supreme Court allows the firing of Lisa Cook
The eventual test of the bond market resolve to act as the vigilante protecting the Fed independence would be if the Supreme Court allows the firing of Lisa Cook
By financial literacy, the 🇪🇺 Commission means convinving people to put their savings in the financial markets' casino, by mobilising symbolic violence ('literate' invests in stocks vs 'illiterate' saves in bank account)
This is pure propaganda for propping the financial sector profits. Shameful
This is pure propaganda for propping the financial sector profits. Shameful
December 12, 2025 at 5:23 PM
By financial literacy, the 🇪🇺 Commission means convinving people to put their savings in the financial markets' casino, by mobilising symbolic violence ('literate' invests in stocks vs 'illiterate' saves in bank account)
This is pure propaganda for propping the financial sector profits. Shameful
This is pure propaganda for propping the financial sector profits. Shameful
Reposted by Antoine de Cabanes
THE ASSET CLASS, my first book, will be published by @wnbooks.bsky.social on 9 April 2026. It’s a narrative investigation of private equity, a secretive and relentlessly destructive wing of finance that penetrates almost every aspect of our lives - and it’s available to pre-order now!
November 18, 2025 at 12:00 PM
THE ASSET CLASS, my first book, will be published by @wnbooks.bsky.social on 9 April 2026. It’s a narrative investigation of private equity, a secretive and relentlessly destructive wing of finance that penetrates almost every aspect of our lives - and it’s available to pre-order now!
Reposted by Antoine de Cabanes
I am very happy to report that my article on the strange non-death of credit rating agencies has been published in New Political Economy.
www.tandfonline.com/doi/full/10.....
www.tandfonline.com/doi/full/10.....
December 5, 2025 at 9:24 AM
I am very happy to report that my article on the strange non-death of credit rating agencies has been published in New Political Economy.
www.tandfonline.com/doi/full/10.....
www.tandfonline.com/doi/full/10.....
Reposted by Antoine de Cabanes
An intervention into current debates around authoritatian threats to central bank independence and whether we should be defending it. My gratitude to @solveigdegen.bsky.social for the invitation and to @kpolanyisociety.bsky.social for publishing it. www.karlpolanyisociety.com/2025/12/04/f...
F&L Blog - Are we all Lisa Cook? - International Karl Polanyi Society
Are we all Lisa Cook? Central Bank Independence and the Politics of Depoliticization by Pavlos Roufos 04.12.2025 Recent authoritarian attacks on central bank independence have provoked a fierce defenc...
www.karlpolanyisociety.com
December 4, 2025 at 12:43 PM
An intervention into current debates around authoritatian threats to central bank independence and whether we should be defending it. My gratitude to @solveigdegen.bsky.social for the invitation and to @kpolanyisociety.bsky.social for publishing it. www.karlpolanyisociety.com/2025/12/04/f...
An absolute must read for every political scientist working on interest groups in the #EU
This is a textbook case of corporate sector lobbying to dismantle regulations that they perceive as harmful for their profitability ( #CSDDD is not even transposed into national law and yet already gutted)
This is a textbook case of corporate sector lobbying to dismantle regulations that they perceive as harmful for their profitability ( #CSDDD is not even transposed into national law and yet already gutted)
🚨Exposed: how a secretive alliance of US companies is working to tear down the CSDDD.
They:
- Aimed to get “the most extreme position” in the European Parliament
- Worked to mobilise pressure from non-EU countries
- Paid for a think tank report
Full analysis: www.somo.nl/the-secretiv...
They:
- Aimed to get “the most extreme position” in the European Parliament
- Worked to mobilise pressure from non-EU countries
- Paid for a think tank report
Full analysis: www.somo.nl/the-secretiv...
December 3, 2025 at 3:33 PM
Essential (but disheartening) article by @euractiv.com on how EU corporate sector & its lobbyists built a coalition with the VdL 2 Commission, and the right-to-far-right majority in the EP to dismantle EU regulations.
From the Brussels effect to the Brussels defect
www.euractiv.com/news/counter...
From the Brussels effect to the Brussels defect
www.euractiv.com/news/counter...
Counterinsurgency: How Europe’s business lobby retook the Berlaymont | Euractiv
The EU’s 'simplification' drive is turning into a bonanza for corporate lobbyists
www.euractiv.com
December 2, 2025 at 10:07 AM
Essential (but disheartening) article by @euractiv.com on how EU corporate sector & its lobbyists built a coalition with the VdL 2 Commission, and the right-to-far-right majority in the EP to dismantle EU regulations.
From the Brussels effect to the Brussels defect
www.euractiv.com/news/counter...
From the Brussels effect to the Brussels defect
www.euractiv.com/news/counter...
Perso, je parie sur le poste de Chief Economist (donc pour succéder à Philip Lane, dont le mandat se termine le 31 mai 2027) et sur la désignation d'Agnès Bénassy-Quéré ou de Laurence Boon
Cette nouvelle position du #RN sur la #BCE & les questions monétaires va imho probablement contribuer à ce qu'un.e français.e soit désigné.e pour succéder à de Guindos ou à Lane, et ainsi remplir le "quota" FR à l'ExBoard avant le scrutin présidentiel de 2027
www.lemonde.fr/politique/ar...
www.lemonde.fr/politique/ar...
« Ouvrir une discussion avec la BCE » sur la dette française : les dessous de l’incertain projet de Jordan Bardella
Selon le député du Rassemblement national Jean-Philippe Tanguy, un gouvernement RN pourrait adopter un plan d’économies drastique en échange d’un rachat de la dette française par la Banque centrale eu...
www.lemonde.fr
December 1, 2025 at 11:09 AM
Perso, je parie sur le poste de Chief Economist (donc pour succéder à Philip Lane, dont le mandat se termine le 31 mai 2027) et sur la désignation d'Agnès Bénassy-Quéré ou de Laurence Boon
Cette nouvelle position du #RN sur la #BCE & les questions monétaires va imho probablement contribuer à ce qu'un.e français.e soit désigné.e pour succéder à de Guindos ou à Lane, et ainsi remplir le "quota" FR à l'ExBoard avant le scrutin présidentiel de 2027
www.lemonde.fr/politique/ar...
www.lemonde.fr/politique/ar...
« Ouvrir une discussion avec la BCE » sur la dette française : les dessous de l’incertain projet de Jordan Bardella
Selon le député du Rassemblement national Jean-Philippe Tanguy, un gouvernement RN pourrait adopter un plan d’économies drastique en échange d’un rachat de la dette française par la Banque centrale eu...
www.lemonde.fr
December 1, 2025 at 10:59 AM
Cette nouvelle position du #RN sur la #BCE & les questions monétaires va imho probablement contribuer à ce qu'un.e français.e soit désigné.e pour succéder à de Guindos ou à Lane, et ainsi remplir le "quota" FR à l'ExBoard avant le scrutin présidentiel de 2027
www.lemonde.fr/politique/ar...
www.lemonde.fr/politique/ar...
Reposted by Antoine de Cabanes
The AxPo Observatory on Market Society Polarization at Sciences Po is offering a 2-year postdoctoral position focusing on socioeconomic polarization and fragmentation.
Ph.Ds in sociology, economics, political science, and related fields are encouraged to apply.
www.sciencespo.fr/axpo/applica...
Ph.Ds in sociology, economics, political science, and related fields are encouraged to apply.
www.sciencespo.fr/axpo/applica...
Call for Applications for Postdoctoral Research Position
Call for Applications for Postdoctoral Research Position at the AxPo Observatory of Market Society Polarization at Sciences Po, Paris, FranceGeneral informationPosition Definition: Post-doctoral resea...
www.sciencespo.fr
November 13, 2025 at 11:06 AM
The AxPo Observatory on Market Society Polarization at Sciences Po is offering a 2-year postdoctoral position focusing on socioeconomic polarization and fragmentation.
Ph.Ds in sociology, economics, political science, and related fields are encouraged to apply.
www.sciencespo.fr/axpo/applica...
Ph.Ds in sociology, economics, political science, and related fields are encouraged to apply.
www.sciencespo.fr/axpo/applica...
The US Supreme Court just announced that it will hear arguments on January 21 in the case Cook v. Trump
The Supreme Court ruling will determine if Trump can remove Federal Reserve Governor Lisa Cook and will therefore have major implications for the #Fed 's independence from the executive branch.
The Supreme Court ruling will determine if Trump can remove Federal Reserve Governor Lisa Cook and will therefore have major implications for the #Fed 's independence from the executive branch.
www.reuters.com
November 12, 2025 at 8:03 PM
The US Supreme Court just announced that it will hear arguments on January 21 in the case Cook v. Trump
The Supreme Court ruling will determine if Trump can remove Federal Reserve Governor Lisa Cook and will therefore have major implications for the #Fed 's independence from the executive branch.
The Supreme Court ruling will determine if Trump can remove Federal Reserve Governor Lisa Cook and will therefore have major implications for the #Fed 's independence from the executive branch.
Pourquoi une supervision financière centralisée à l'échelle européenne est nécessaire ?
Réponse avec le cas fort parlant de Coinbase (une plateforme étasunienne de crypto-actifs), présentée sous la forme d'une pièce de théâtre en trois actes
Réponse avec le cas fort parlant de Coinbase (une plateforme étasunienne de crypto-actifs), présentée sous la forme d'une pièce de théâtre en trois actes
November 6, 2025 at 2:19 PM
Pourquoi une supervision financière centralisée à l'échelle européenne est nécessaire ?
Réponse avec le cas fort parlant de Coinbase (une plateforme étasunienne de crypto-actifs), présentée sous la forme d'une pièce de théâtre en trois actes
Réponse avec le cas fort parlant de Coinbase (une plateforme étasunienne de crypto-actifs), présentée sous la forme d'une pièce de théâtre en trois actes
After Manfred Weber and Jörgen Warborn, now it's Metsola's turn to advocate for the EPP to build parliamentary majorities with the far-right, in order to gut the Green Deal and implement massive deregulation
www.politico.eu/article/euro...
www.politico.eu/article/euro...
Europe’s centrists may have to work with the far right to get things done, warns European Parliament chief
Roberta Metsola says the coalition that has traditionally controlled Brussels may no longer always be able to pass legislation.
www.politico.eu
October 23, 2025 at 4:08 PM
After Manfred Weber and Jörgen Warborn, now it's Metsola's turn to advocate for the EPP to build parliamentary majorities with the far-right, in order to gut the Green Deal and implement massive deregulation
www.politico.eu/article/euro...
www.politico.eu/article/euro...
Reposted by Antoine de Cabanes
📢 New paper out in New Political Economy: "Depoliticising monetary tightening: how the European Central Bank managed the 2021–2023 inflation shock" Thread here below 👇
www.tandfonline.com/doi/full/10....
www.tandfonline.com/doi/full/10....
Depoliticising monetary tightening: how the European Central Bank managed the 2021–2023 inflation shock
The 2021-2023 inflation shock fuelled a heated public debate about the role of the monetary tightening strategy as the key strategy to the return to price stability. Central banks' rate hikes were ...
www.tandfonline.com
October 20, 2025 at 11:52 AM
📢 New paper out in New Political Economy: "Depoliticising monetary tightening: how the European Central Bank managed the 2021–2023 inflation shock" Thread here below 👇
www.tandfonline.com/doi/full/10....
www.tandfonline.com/doi/full/10....
Fascinating piece by @politico.com on the remaking of lobbying in DC caused by the authoritarian drive of #Trump 2.0 administration (namely the hyper-centralization of decision making in the hands of the White House, at the expenses of Congress & federal agencies)
www.politico.com/news/2025/10...
www.politico.com/news/2025/10...
October 19, 2025 at 12:34 PM
Fascinating piece by @politico.com on the remaking of lobbying in DC caused by the authoritarian drive of #Trump 2.0 administration (namely the hyper-centralization of decision making in the hands of the White House, at the expenses of Congress & federal agencies)
www.politico.com/news/2025/10...
www.politico.com/news/2025/10...
Kinda looks like the September 2019 repo glut :
Quantitative Tightening => depletion of banks' excess reserves > liquidity pressures & ↗️ of repo lending rates => increasing use of Fed standing repo facility
Key question for next Fed meeting : just end QT or restart QE ?
www.ft.com/content/6066...
Quantitative Tightening => depletion of banks' excess reserves > liquidity pressures & ↗️ of repo lending rates => increasing use of Fed standing repo facility
Key question for next Fed meeting : just end QT or restart QE ?
www.ft.com/content/6066...
Banks tap Fed lending facility in sign of short-term market strains
Institutions borrow $15bn from standing repo facility in space of two days in sign of liquidity pressures
www.ft.com
October 17, 2025 at 10:38 AM
Kinda looks like the September 2019 repo glut :
Quantitative Tightening => depletion of banks' excess reserves > liquidity pressures & ↗️ of repo lending rates => increasing use of Fed standing repo facility
Key question for next Fed meeting : just end QT or restart QE ?
www.ft.com/content/6066...
Quantitative Tightening => depletion of banks' excess reserves > liquidity pressures & ↗️ of repo lending rates => increasing use of Fed standing repo facility
Key question for next Fed meeting : just end QT or restart QE ?
www.ft.com/content/6066...
Reposted by Antoine de Cabanes
New report out now with @granthamlse.bsky.social CETEx: "A framework for central banks navigating political uncertainty in the transition"
cetex.org/publications...
cetex.org/publications...
A framework for central banks navigating political uncertainty in the transition - CETEx
This report recommends three principles for coping with the political uncertainty faced by central bankers.
cetex.org
October 14, 2025 at 9:48 AM
New report out now with @granthamlse.bsky.social CETEx: "A framework for central banks navigating political uncertainty in the transition"
cetex.org/publications...
cetex.org/publications...
Today's decision seems to confirm that the US Supreme Court means to differentiate between the #Fed and the other independent agencies : in Trump v Slaughter (the for-cause removal of an FTC Commissioner litigation), the Court granted the administrative stay while setting oral arguments for December
Just in: The Supreme Court has refused to let Donald Trump immediately fire Lisa Cook, deferring the US president's application until the justices hear oral arguments in the case in January 2026. on.ft.com/3WeV2C2
October 1, 2025 at 3:25 PM
Today's decision seems to confirm that the US Supreme Court means to differentiate between the #Fed and the other independent agencies : in Trump v Slaughter (the for-cause removal of an FTC Commissioner litigation), the Court granted the administrative stay while setting oral arguments for December
Lisa Cook 1 - Trump 0
La Cour Suprême des États-Unis a rejeté la demande de la Maison Blanche d'application immédiate du limogeage de la gouverneure de la Fed annoncé par Trump le 25/8, et opté pour entendre les plaidoiries des deux parties en janvier avant de statuer
www.ft.com/content/0430...
La Cour Suprême des États-Unis a rejeté la demande de la Maison Blanche d'application immédiate du limogeage de la gouverneure de la Fed annoncé par Trump le 25/8, et opté pour entendre les plaidoiries des deux parties en janvier avant de statuer
www.ft.com/content/0430...
October 1, 2025 at 3:12 PM
Lisa Cook 1 - Trump 0
La Cour Suprême des États-Unis a rejeté la demande de la Maison Blanche d'application immédiate du limogeage de la gouverneure de la Fed annoncé par Trump le 25/8, et opté pour entendre les plaidoiries des deux parties en janvier avant de statuer
www.ft.com/content/0430...
La Cour Suprême des États-Unis a rejeté la demande de la Maison Blanche d'application immédiate du limogeage de la gouverneure de la Fed annoncé par Trump le 25/8, et opté pour entendre les plaidoiries des deux parties en janvier avant de statuer
www.ft.com/content/0430...
Reposted by Antoine de Cabanes
📢 Call for Papers — 5th Political Economy Working Group Workshop
🗓️ 30 Jan 2026, Université Saint-Louis Bruxelles
The workshop is divided into two parts:
Morning: PhD research presentations.
Afternoon: open to all, concluding with @benbraun.bsky.social.
Abstracts due 1 Dec 2025
All details below:
🗓️ 30 Jan 2026, Université Saint-Louis Bruxelles
The workshop is divided into two parts:
Morning: PhD research presentations.
Afternoon: open to all, concluding with @benbraun.bsky.social.
Abstracts due 1 Dec 2025
All details below:
![The Political Economy working group is pleased to invite you to a workshop on Friday, 30 January, 2026, at the Université Saint-Louis - Bruxelles. Founded during the ABSP Congress in February 2024, this group aims to contribute to the advancement and growth of the field of political economy in Belgium.
The workshop will be divided into two parts:
The morning session is open to all PhD students wishing to present the progress of their research, whether in the form of a thesis project, an article or a chapter. Each PhD student will have 40 to 50 minutes for discussion with attending researchers.
The afternoon session is open to all researchers interested in presenting a publication or work-in progress related to the various key themes driving our Political Economy Working Group: European governance, financial regulation, central banks policies and communication, the political economy of the green transition, the role of States in a globalized and financialized world, among others.
Contributions are welcome in either French or English. Presentations should generally be delivered in English.
Next steps:
To propose a presentation for the morning or afternoon sessions, send a title and abstract of no more than 400 words to aurelien.goutsmedt[at]uclouvain.be and zsuzsanna.szeredi[at]uclouvain.be by December 1, 2025. If you wish to present in the PhD morning session, please indicate this clearly in your submission.
Notification of acceptance will be sent by December 19, 2025.
Manuscripts (working papers, chapters or drafts) will be requested by January 16, 2025, in order to give discussants and other participants sufficient time to prepare. We recommend manuscripts of between 5,000 to 10,000 words.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:l4mvwchewa4b2evkd36m2avr/bafkreibdgbzdt4jeevbbs2v76wias3glj3nps2illii7rqbxttcwrmklhu@jpeg)
October 1, 2025 at 9:41 AM
📢 Call for Papers — 5th Political Economy Working Group Workshop
🗓️ 30 Jan 2026, Université Saint-Louis Bruxelles
The workshop is divided into two parts:
Morning: PhD research presentations.
Afternoon: open to all, concluding with @benbraun.bsky.social.
Abstracts due 1 Dec 2025
All details below:
🗓️ 30 Jan 2026, Université Saint-Louis Bruxelles
The workshop is divided into two parts:
Morning: PhD research presentations.
Afternoon: open to all, concluding with @benbraun.bsky.social.
Abstracts due 1 Dec 2025
All details below:
What a terrific idea to foster economic growth: instead of public investment (in infrastructure, or digital & green transitions for example), let's use public money to incentivise (through costly tax breaks) an increase in households' risk-taking, by putting their savings into bonds & stocks.
September 30, 2025 at 11:03 AM
What a terrific idea to foster economic growth: instead of public investment (in infrastructure, or digital & green transitions for example), let's use public money to incentivise (through costly tax breaks) an increase in households' risk-taking, by putting their savings into bonds & stocks.
Pour tout comprendre au processus de fabrication des sondages d'opinion et à leur utilisation dans le champ médiatique & politique, je vous recommande vivement ce passionnant ouvrage d' @hugotouzet.bsky.social, disponible dans toutes les bonnes librairies :
editions.ehess.fr/ouvrages/ouv...
editions.ehess.fr/ouvrages/ouv...
September 28, 2025 at 2:08 PM
Pour tout comprendre au processus de fabrication des sondages d'opinion et à leur utilisation dans le champ médiatique & politique, je vous recommande vivement ce passionnant ouvrage d' @hugotouzet.bsky.social, disponible dans toutes les bonnes librairies :
editions.ehess.fr/ouvrages/ouv...
editions.ehess.fr/ouvrages/ouv...