"The pre-emptive strike marks a breakdown in the normal co-operation between the US Treasury and the Fed, and comes just as the winter wave of Covid-19 reaches a crescendo. The services sector is already spiralling back into contraction, with a cliff-edge approaching for jobless support.
“We are in a perilous moment for the economy,” said Jason Furman, the former head of the White House Council of Economic Advisors.
“The most obvious interpretation is that the Trump administration is seeking to debilitate the economic recovery as much as possible on the way out of the door,” said David Wilcox, the Fed’s former chief economist, now at the Peterson Institute.
“Circumstances are very tenuous at the moment. If the situation unravels and really goes South this could prove to be a very damaging step. Secretary Mnuchin will go down in history as the man who took away a safety net when it was really needed,” he said.
The Treasury also instructed Fed Chairman Jay Powell to return the unused portion of a $454bn account approved by Congress during the market meltdown in March.
This seed money gave the Fed $4.5 trillion extra lending power under a policy of 10:1 leverage and had an electrifying effect on market confidence – avoiding the errors made in 2008."
“…Roughly 12 million will lose the last of their unemployment support when the guillotine comes down after Christmas, unless Congress acts very soon.”
"The Fed’s Mr Powell says widespread vaccination is still months away. In the meantime, small firms are under enormous stress and prolonged joblessness is leading to labour hysteresis. “From the very start, we’ve been concerned about longer-run damage to the productive capacity of the economy,” he said.
Mr Powell says fiscal stimulus is “absolutely essential” but the chances of it actually happening are receding. Now his own credit wings have been clipped. All that remains is raw monetary policy."
It might be better to avoid making a martyr out of Trump or one of his children.
Rule of law applies to everyone. Letting it go means we just accept that level of criminality from Republicans. (Dont have to worry about it among Democrats because Republicans will scream to the heavens if a democrat so much as jaywalks, and Democrats love purity tests and infighting).
Since Trump has done nothing wrong, he has nothing to hide, right Trumpers?
Meanwhile:
He’s going to pass 80M votes.
But only ~44K of them made it A LANDSLIDE! 
Broken clock is right twice a day. Or once a decade, anyway.
I see on Facebook that your "so called " President Elect is asking folks to send money.
His request is to help fund his Transition Team. You all would love the thousands of responses… 
I’m sure there are a lot of derply worded sentences.
Looks like both sides can agree this transition time is a fine excuse to do a little begging campaign fund raising.
Why bother campaigning if you are going to claim fraud if you don’t win. Seems like a waste of money. I guess elections have moved to the court system. Thanks Mr T
I’m sure I heard somewhere Trump was going to run in 2024. Presumably that’s whether or not he wins in 2020, since after all, he’d be so popular we’d change the constitution so he could have another term.
I like campaign finance chairpeople that don’t give lap dances and hot tub parties for donations.
/ Junior’s girlfriend
https://www.politico.com/news/2020/11/07/this-f-ing-virus-inside-donald-trumps-2020-undoing-434716
Trump’s “America”
Still creating jobs!
We can just resolve all this arguing over voting irregularities the Democratic way? Take a leaf from the MI attorney general book, who’s threatening to criminally investigate any Republican legislators who aren’t in favor of certifying the democratic victory.
Nessel is threatening state legislators that, if they meet to discuss such objections, they might be targets of criminal investigations. That would seem an effort to use the criminal code for the purposes of intimidation or coercion. Imagine if this was U.S. Attorney General Bill Barr threatening Democratic legislators with possible criminal investigation for challenging Trump votes. The media would be apoplectic. Yet, when used against Republicans, major publications and politicians are celebrated for the use of the criminal code for such politically motivated threats.
Legal debunking of their “theory” is included.
Actual source quote in the article appears to be:
" According to the Washington Post, Dana Nessel “is conferring with election law experts on whether officials may have violated any state laws prohibiting them from engaging in bribery, perjury and conspiracy.”"
Paraphrasing the rest:
AG is not allowed to see if conspiring with a criminal trying to undermine the state’s elections would be a crime! That’s a crime to look into whether it’s a crime or not before making charges! AG would only be allowed to make baseless claims of massive and widespread fraud without any evidence – THAT wouldn’t be a crime investigate and charge them without first doing any research or having any evidence!
Did I paraphrase that right?
There’s no “challenged Biden votes” at issue. Trump has openly stated he wants legislatures to cast aside the will of the people (the outcome of the election) and assign the electors to him in opposition to the states’ popular votes. Because… Mickey Mouse and Martians voted for Biden! There is no “looking into irregularities” being pursued, almost all of the frivolous lawsuits have already been withdrawn or rejected. And none of them have even theoretically (if we pretend they were valid and in good faith instead of fake) applied to enough votes to flip the states.