Andrew Ackerman
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amackerdc.bsky.social
Andrew Ackerman
@amackerdc.bsky.social
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Covering the Federal Reserve and financial regulation for the @washingtonpost
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Reposted by Andrew Ackerman
bgrueskin.bsky.social
NYT:
Five officials told us that Hegseth had nothing to do with the second strike

Washpost (which broke the story 2 days ago):
“This is ‘protect Pete’ bullshit,”
and
“It’s throwing us, the service members, under the bus.”
At the White House on Monday, Karoline Leavitt, the press secretary, read a statement that said Mr. Hegseth had authorized the Special Operations commander overseeing the attack, Adm. Frank M. Bradley, “to conduct these kinetic strikes.” She said that Admiral Bradley had “worked well within his authority and the law directing the engagement to ensure the boat was destroyed and the threat to the United States of America was eliminated.” According to five U.S. officials, who spoke separately and on the condition of anonymity to discuss a sensitive matter that is under investigation, Mr. Hegseth, ahead of the Sept. 2 attack, ordered a strike that would kill the people on the boat and destroy the vessel and its purported cargo of drugs. But, each official said, Mr. Hegseth’s directive did not specifically address what should happen if a first missile turned out not to fully accomplish all of those things. And, the officials said, his order was not a response to surveillance footage showing that at least two people on the boat survived the first blast. Admiral Bradley ordered the initial missile strike and then several follow-up strikes that killed the initial survivors and sank the disabled boat. As that operation unfolded, they said, Mr. Hegseth did not give any further orders to him. Her scripted remarks at a news briefing elicited a furious backlash within the Defense Department, where officials described feeling angry at the uncertainty over whether Hegseth would take responsibility for his alleged role in the operation — or leave the military and civilian staff under him to face the consequences. “This is ‘protect Pete’ bulls---,” one military official, who, like others, spoke on the condition of anonymity to discuss internal conversations, told The Post. Leavitt’s statement “left it up to interpretation” who was responsible for the second strike that killed the two survivors, a separate military official said, imploring the White House to provide clarity on the issue. One official said of Leavitt’s statement, “It’s throwing us, the service members, under the bus.” Another person said some of Hegseth’s top civilian staff appeared deeply alarmed about the revelations and were contemplating whether to leave the administration.
December 2, 2025 at 2:32 AM
amackerdc.bsky.social
Shortly after Powell declined to grant Kugler a waiver to address her impermissible stock holdings during a July blackout period, Kugler missed the Fed’s policy meeting at the end of that month. She announced her resignation a couple days later. www.washingtonpost.com/business/202...
Former Fed governor violated central bank’s trading rules, new disclosures show
Adriana Kugler, who resigned from the Fed in August, engaged in financial transactions that violated the central bank’s rules, according to new disclosures.
www.washingtonpost.com
November 15, 2025 at 8:10 PM
Reposted by Andrew Ackerman
Wendy Edelberg & Tara Watson of @brookings.edu and Stan Veuger of AEI: For the first time in at least half a century, the U.S. could see more folks leaving the U.S. this year than immigrants arriving. wapo.st/3HFn5GR
U.S. could lose more immigrants than it gains for first time in 50 years
For the first time in 50 years, the United States may see more immigrants leave than arrive, a reversal driven by the Trump administration’s sweeping crackdown on legal and illegal migration.
wapo.st
June 15, 2025 at 1:06 PM