Jay Shambaugh
jaycshambaugh.bsky.social
Jay Shambaugh
@jaycshambaugh.bsky.social
Professor of Econ and Intl affairs at GW
Former: Under Secretary of Intl Affairs at Treasury, Director of the Hamilton Project at Brookings, Member at WH CEA, Senior /chief economist at CEA.
My high school AP US history teacher taught us that John Adams was the most important person in the founding of our democracy because he lost to the opposition party and went home.
September 26, 2025 at 3:13 AM
This is something the Administration would know if they read Lisa Cook’s work instead of attacking her. Arguably, her research has never been more relevant to the Fed’s mission. One has to assume innovation and biz formation by immigrants is falling right now.
August 23, 2025 at 12:40 PM
Reposted by Jay Shambaugh
Ending publication of monthly Current Economic Statistics (CES) would violate the will of Congress as expressed federal law.

It would also violate OMB's Statistical Policy Directive 3, which governs all Principal Federal Economic Indicators, including the CES.
www.bls.gov/bls/statisti...
www.bls.gov
August 13, 2025 at 12:18 AM