mattegancnn.bsky.social
@mattegancnn.bsky.social
NEW: Russell Vought, CFPB's acting director, told staff to "stand down from performing any work tasks" in an email this AM obtained by @cnn.com

This goes further than Vought's order Saturday night ordering a halt to a wide range of activities. Now, CFPB staff is being told not to do anything #CFPB
February 10, 2025 at 2:26 PM
Reposted
new podcast: dug into DeepSeek, the great AI disruptor (?), with @mattegancnn.bsky.social podcasts.apple.com/us/podcast/t...
Trump’s ‘America First’ Agenda Meets China’s AI Advancement
Podcast Episode · CNN One Thing · 01/29/2025 · 20m
podcasts.apple.com
January 29, 2025 at 2:58 PM
Reposted
The new sanctions against “the Kremlin’s largest and most important source of revenue” hit hundreds of targets, including two of Russia’s largest oil companies

w/ @mattegancnn.bsky.social

edition.cnn.com/2025/01/10/p...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort | CNN Politics
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against Ukraine.
edition.cnn.com
January 10, 2025 at 4:12 PM
Reposted
More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.
What to expect for gas prices in 2025 | CNN Business
More good news is coming to inflation-weary drivers: Gas prices are expected to drop in 2025 for the third straight year, according to GasBuddy projections shared exclusively with CNN.
www.cnn.com
December 30, 2024 at 11:04 AM
Reposted
@denniskelleher.bsky.social tells CNN's @mattegancnn.bsky.social a that getting rid of the FDIC is "one of the dumbest ideas anyone could have, and it’s a reflection of how incredibly out of touch billionaires are."
www.cnn.com/2024/12/18/b...
‘One of the dumbest ideas’: Abolishing the FDIC could backfire on Trump and his allies | CNN Business
The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.
www.cnn.com
December 18, 2024 at 4:28 PM
Reposted
Headline numbers look good -- as are payroll revisions! -- but some warning flags in this report:
*Household measure of employment down (both from October, and a year ago)
*Unemployment rate ticked up
*The number of Americans unemployed for 6 months or longer is +441,000 YoY
December 6, 2024 at 2:12 PM
President-elect Trump has vowed to deport millions of undocumented people.

Elon Musk has promised to slash government spending by $2 trillion (!!).

Investors aren't buying either of these promises, according to a survey from Goldman Sachs.
www.cnn.com/2024/12/03/b...
December 3, 2024 at 8:07 PM
CEOs & investors cheer Trump's Treasury secretary pick.

Instead of a bomb-thrower, he went with a safe pick in Scott Bessent.

Markets jumped & business leaders applauded.

Of course, even if Bessent is a voice for moderation, there's no guarantee Trump will listen.

www.cnn.com/2024/11/25/b...
‘Huge relief.’ CEOs exhale after Trump taps Scott Bessent to lead Treasury | CNN Business
Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.
www.cnn.com
November 26, 2024 at 1:28 AM