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Michael Derby

@michaelsderby.bsky.social

Fed and economy reporter with @reuters.com, ex-Wall Street Journal. Failed musician, guitar holdout, I really like pedals.

10,391 Followers  |  939 Following  |  6,772 Posts  |  Joined: 05.09.2023  |  1.7616

Latest posts by michaelsderby.bsky.social on Bluesky

if you're looking to learn about what are some of the lowest-hanging fruits in terms of local elections in places that directly help ICE, this is for you:

26.01.2026 18:55 โ€” ๐Ÿ‘ 16    ๐Ÿ” 10    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

๐Ÿ‘€

26.01.2026 18:52 โ€” ๐Ÿ‘ 262    ๐Ÿ” 50    ๐Ÿ’ฌ 10    ๐Ÿ“Œ 2
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Japan Bond Crash Unleashes a $7 Trillion Risk for Global Markets As the country hurtles towards the snap election called by Prime Minister Takaichi, more unpredictable and violent price swings are expected

โ€œIf the yen slides hard, Japan has to defend it, and the fastest lever is selling reserves, including Treasuries. Thatโ€™s how a Japan problem turns into higher US yields at exactly the wrong moment.โ€ www.bloomberg.com/news/feature...

26.01.2026 18:01 โ€” ๐Ÿ‘ 97    ๐Ÿ” 33    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 7

It's the Umberto Eco thesis about fascists. They think the left is both too weak and too strong. The left are low t soy boys that wear dresses, but they're also gangster ass Marxist sleeper cells with sophisticated planning, coordination, and funding.

26.01.2026 17:35 โ€” ๐Ÿ‘ 80    ๐Ÿ” 16    ๐Ÿ’ฌ 6    ๐Ÿ“Œ 0

A stark moment in this morning's hearing in Minnesota when an attorney for the state is staying this:

26.01.2026 16:12 โ€” ๐Ÿ‘ 2439    ๐Ÿ” 639    ๐Ÿ’ฌ 13    ๐Ÿ“Œ 4
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Growth resumes in Texas manufacturing Texas factory activity expanded solidly in January after contracting in December, according to business executives responding to the Texas Manufacturing Outlook Survey.

A call for a return of real capitalism in the latest Dallas Fed factory survey, amid Trump's increasingly heavy state capitalism and protectionism: "Let the market pick winners and losers."

26.01.2026 16:33 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

I watched the Geese SNL performances and thought they were great and as always, seeing a band play for real is better than watching someone playing to recordings.

26.01.2026 16:25 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

John Roberts struck down the ACAโ€™s Medicaid expansion as a 10A violation because the law was, as he called it, a โ€œgun to the headโ€ of the states who did not want to help their residents.

Now Trumpโ€™s putting *literal* guns to the heads of Minnesotaโ€™s residents to force their govโ€™t to betray them.

26.01.2026 16:19 โ€” ๐Ÿ‘ 1089    ๐Ÿ” 286    ๐Ÿ’ฌ 11    ๐Ÿ“Œ 4

"I don't want anyone to die, but"

26.01.2026 16:18 โ€” ๐Ÿ‘ 91    ๐Ÿ” 14    ๐Ÿ’ฌ 5    ๐Ÿ“Œ 0
A Statement From Tom โ€” 1/26/26
"I failed to view the DHS funding vote as a referendum on the illegal and immoral conduct of
ICE in Minneapolis. I hear the anger from many of my constituents, and I take responsibility for that. I have long been critical of ICE's unlawful behavior and I must do a better job demonstrating that.
The senseless and tragic murder of Alex Pretti underscores what happens when untrained federal agents operate without accountability. President Trump must immediately end
"Operation Metro Surge" and ICE's occupation of Minneapolis that has sown chaos, led to tragedy, and undermined experienced local law enforcement."
โ€”Congressman Tom Suozzi (NY-3)

A Statement From Tom โ€” 1/26/26 "I failed to view the DHS funding vote as a referendum on the illegal and immoral conduct of ICE in Minneapolis. I hear the anger from many of my constituents, and I take responsibility for that. I have long been critical of ICE's unlawful behavior and I must do a better job demonstrating that. The senseless and tragic murder of Alex Pretti underscores what happens when untrained federal agents operate without accountability. President Trump must immediately end "Operation Metro Surge" and ICE's occupation of Minneapolis that has sown chaos, led to tragedy, and undermined experienced local law enforcement." โ€”Congressman Tom Suozzi (NY-3)

Rep. Tom Suozzi(D-NY), getting raked over the coals for his vote for more ICE funding, says in a campaign email that he didnโ€™t understand what he was doing

26.01.2026 16:03 โ€” ๐Ÿ‘ 2367    ๐Ÿ” 450    ๐Ÿ’ฌ 384    ๐Ÿ“Œ 545
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Happy to help, sir.

From Judge Ellis:

"Bovino admitted in his deposition that he lied multiple times about the events that occurred in Little Village that prompted him to throw tear gas at protesters."

26.01.2026 15:56 โ€” ๐Ÿ‘ 607    ๐Ÿ” 172    ๐Ÿ’ฌ 26    ๐Ÿ“Œ 8
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Tacit acknowledgement they've lost control of the narrative plus saving face via lawfare

26.01.2026 13:45 โ€” ๐Ÿ‘ 2726    ๐Ÿ” 556    ๐Ÿ’ฌ 470    ๐Ÿ“Œ 203
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This exchange in Ben Terrisโ€™s story on Trumpโ€™s health, his view on mortality and legacy, and his Cabinetโ€™s contest to say the most over-the-top thing about his physical prowess. nymag.com/intelligence...

26.01.2026 14:54 โ€” ๐Ÿ‘ 298    ๐Ÿ” 84    ๐Ÿ’ฌ 11    ๐Ÿ“Œ 16
Bovino has often used the phrase โ€œturn and burnโ€ to describe Border Patrol operations, a reference to actions like smashing windshields, using explosives to blow down the doors of homes and engaging in car chases.

Bovino has often used the phrase โ€œturn and burnโ€ to describe Border Patrol operations, a reference to actions like smashing windshields, using explosives to blow down the doors of homes and engaging in car chases.

DHS is using explosives on peopleโ€™s homes???

โ€œBovino has often used the phrase โ€œturn and burnโ€ to describe Border Patrol operations, a reference to actions like smashing windshields, using explosives to blow down the doors of homes and engaging in car chases.โ€ www.nytimes.com/2026/01/26/u...

26.01.2026 14:27 โ€” ๐Ÿ‘ 884    ๐Ÿ” 448    ๐Ÿ’ฌ 94    ๐Ÿ“Œ 93
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pretty wild statement re: Republican Chris Madel drop from race for MN governor:

"Saying he cannot support the national GOP's 'stated retribution on citizens of our state, nor can I count myself a member of a party that would do so."

26.01.2026 14:14 โ€” ๐Ÿ‘ 7049    ๐Ÿ” 1967    ๐Ÿ’ฌ 185    ๐Ÿ“Œ 358
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We need to get it broadly understood that Stephen Miller's ethnic cleansing will result in a permanent metastasized immigrant carceral state and paramilitary warfare on US streets that goes on *for years.*

The internal logic of his agenda dictates this of necessity.

newrepublic.com/article/2041...

26.01.2026 13:07 โ€” ๐Ÿ‘ 2735    ๐Ÿ” 1081    ๐Ÿ’ฌ 116    ๐Ÿ“Œ 84
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Government by AI? Trump Administration Plans to Write Regulations Using Artificial Intelligence The Transportation Department, which oversees the safety of airplanes, cars and pipelines, plans to use Google Gemini to draft new regulations. โ€œWe donโ€™t need the perfect rule,โ€ said DOTโ€™s top lawyer....

NEW: The Transportation Department, which oversees the safety of airplanes, cars and pipelines, plans to use Google Gemini to draft new regulations.

โ€œWe donโ€™t need the perfect rule,โ€ said DOTโ€™s top lawyer. โ€œWe want good enough.โ€

By @jessecoburn.bsky.social

26.01.2026 13:05 โ€” ๐Ÿ‘ 710    ๐Ÿ” 381    ๐Ÿ’ฌ 138    ๐Ÿ“Œ 346
Preview
How Trumpโ€™s Ally at the Fed Is Remaking Bank Oversight Michelle Bowman, the central bankโ€™s vice chair for supervision, is slashing staff, changing rules and adding to the tension at the Fed in the process.

What Miki Bowman is doing to the bank supervision & regulation operation at the Fed: slashing staff, rolling back regulation, restraining supervisors. By @nicktimiraos.bsky.social & Dylan Tokar of @wsj.com www.wsj.com/economy/cent...

26.01.2026 11:50 โ€” ๐Ÿ‘ 14    ๐Ÿ” 15    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 1

Iโ€™m in upstate NY right now and we gotโ€”are still gettingโ€”so much snow. Because it is also so frigid, what is on the ground is pure powder, it flows, itโ€™s almost like sand. I guess the skiers are going to have to a good time.

26.01.2026 03:28 โ€” ๐Ÿ‘ 16    ๐Ÿ” 1    ๐Ÿ’ฌ 4    ๐Ÿ“Œ 0
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Bovino confirms that the agents involved in the shooting of Alex Pretti are no longer in Minneapolis.

25.01.2026 19:59 โ€” ๐Ÿ‘ 161    ๐Ÿ” 62    ๐Ÿ’ฌ 120    ๐Ÿ“Œ 62
Bill Melugin
@BillMelugin_
NEW: Since yesterday's deadly shooting in MN, I've talked to more than half a dozen federal sources involved immigration enforcement, including several in senior positions, who all tell me they have grown increasingly uneasy & frustrated w/ some of the claims & narratives DHS pushed in the aftermath of the shooting. 

Specifically, I'm told there is extreme frustration with DHS officials going on TV and putting out statements claiming that Alex Pretti was intending to conduct a "massacre" of federal agents or wanted to carry out "maximum damage", even after numerous videos appeared to show those claims were inaccurate. While they say it was a terrible decision to show up with a gun and inject himself into a federal law enforcement operation, there is no indication Pretti was there to murder law enforcement, as videos appear to show he never drew his holstered firearm.

These sources say this messaging from DHS officials has been catastrophic from a PR and morale perspective, as it is eroding trust and credibility - comparing it to when Democrats falsely claimed the border was closed or that Haitians were being whipped at the border.

Some of these sources have described DHSโ€™ response to the shooting as โ€œa case study on how not to do crisis PRโ€, one said they are so โ€œfed upโ€ that they wish they could retire, another said โ€œDHS is making the situation worseโ€, and another added that โ€œDHS is wrongโ€ and โ€œwe are losing this war, we are losing the base and the narrative."

These sources all believe this is going to end up being what they call a โ€œbad shootโ€, a โ€œshittyโ€ situation that happened in seconds where agents likely heard โ€œgun!โ€, then the disarmed firearm may have had an accidental discharge that spooked the agents, and they shot. The agents do not have the luxury of multiple slow motion angles - and had to make split second decisions. 

All of the sources support the mass deportation agenda, but have serious hesitations about the way it is โ€ฆ

Bill Melugin @BillMelugin_ NEW: Since yesterday's deadly shooting in MN, I've talked to more than half a dozen federal sources involved immigration enforcement, including several in senior positions, who all tell me they have grown increasingly uneasy & frustrated w/ some of the claims & narratives DHS pushed in the aftermath of the shooting. Specifically, I'm told there is extreme frustration with DHS officials going on TV and putting out statements claiming that Alex Pretti was intending to conduct a "massacre" of federal agents or wanted to carry out "maximum damage", even after numerous videos appeared to show those claims were inaccurate. While they say it was a terrible decision to show up with a gun and inject himself into a federal law enforcement operation, there is no indication Pretti was there to murder law enforcement, as videos appear to show he never drew his holstered firearm. These sources say this messaging from DHS officials has been catastrophic from a PR and morale perspective, as it is eroding trust and credibility - comparing it to when Democrats falsely claimed the border was closed or that Haitians were being whipped at the border. Some of these sources have described DHSโ€™ response to the shooting as โ€œa case study on how not to do crisis PRโ€, one said they are so โ€œfed upโ€ that they wish they could retire, another said โ€œDHS is making the situation worseโ€, and another added that โ€œDHS is wrongโ€ and โ€œwe are losing this war, we are losing the base and the narrative." These sources all believe this is going to end up being what they call a โ€œbad shootโ€, a โ€œshittyโ€ situation that happened in seconds where agents likely heard โ€œgun!โ€, then the disarmed firearm may have had an accidental discharge that spooked the agents, and they shot. The agents do not have the luxury of multiple slow motion angles - and had to make split second decisions. All of the sources support the mass deportation agenda, but have serious hesitations about the way it is โ€ฆ

Bill Melugin of Fox News may be the best-sourced journalist within ICE and CBP. If he's hearing this, the administration has a real problem.

26.01.2026 00:55 โ€” ๐Ÿ‘ 2857    ๐Ÿ” 758    ๐Ÿ’ฌ 308    ๐Ÿ“Œ 191
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Walz: "We have got children in Minnesota hiding in their houses, afraid to go outside. Many of us grew up reading that story of Anne Frank. Somebody is gonna write that children's story about Minnesota."

25.01.2026 20:49 โ€” ๐Ÿ‘ 19468    ๐Ÿ” 5414    ๐Ÿ’ฌ 332    ๐Ÿ“Œ 195

Trump's message to legal gun owners.

26.01.2026 02:06 โ€” ๐Ÿ‘ 7    ๐Ÿ” 2    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0

A tragic outcome Bezos could stop in a second.

26.01.2026 02:02 โ€” ๐Ÿ‘ 19    ๐Ÿ” 6    ๐Ÿ’ฌ 3    ๐Ÿ“Œ 0
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signs left at alex prettiโ€™s memorial in minneapolis: โ€œi love you so much / iโ€™ll miss you foreverโ€ photo with a friend, โ€œi would have done the same. RIP alex,โ€ a stethoscope and โ€œweโ€™ll take it from here, alexโ€ and a tshirt for the minnesota nurses association

25.01.2026 23:49 โ€” ๐Ÿ‘ 5735    ๐Ÿ” 1366    ๐Ÿ’ฌ 32    ๐Ÿ“Œ 62
In a five-minute telephone interview with The Wall Street Journal on Sunday, Trump didnโ€™t directly answer when asked twice whether the officer who shot Alex Pretti had done the right thing. Pressed further, the president said, โ€œWeโ€™re looking, weโ€™re reviewing everything and will come out with a determination.โ€ Administration officials have publicly defended the officer.

The president criticized Prettiโ€”the 37-year-old who was killed by a federal Border Patrol agent Saturday morning on a Minneapolis streetโ€”for carrying a gun during protest activity.

โ€œI donโ€™t like any shooting. I donโ€™t like it,โ€ Trump added. โ€œBut I donโ€™t like it when somebody goes into a protest and heโ€™s got a very powerful, fully loaded gun with two magazines loaded up with bullets also. That doesnโ€™t play good either.โ€

Trump also signaled a willingness to eventually withdraw immigration enforcement officials from the Minneapolis area.

In a five-minute telephone interview with The Wall Street Journal on Sunday, Trump didnโ€™t directly answer when asked twice whether the officer who shot Alex Pretti had done the right thing. Pressed further, the president said, โ€œWeโ€™re looking, weโ€™re reviewing everything and will come out with a determination.โ€ Administration officials have publicly defended the officer. The president criticized Prettiโ€”the 37-year-old who was killed by a federal Border Patrol agent Saturday morning on a Minneapolis streetโ€”for carrying a gun during protest activity. โ€œI donโ€™t like any shooting. I donโ€™t like it,โ€ Trump added. โ€œBut I donโ€™t like it when somebody goes into a protest and heโ€™s got a very powerful, fully loaded gun with two magazines loaded up with bullets also. That doesnโ€™t play good either.โ€ Trump also signaled a willingness to eventually withdraw immigration enforcement officials from the Minneapolis area.

Trump knows he's losing?
www.wsj.com/politics/pol...

26.01.2026 00:37 โ€” ๐Ÿ‘ 2    ๐Ÿ” 1    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0
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Believe Your Eyes People are risking their lives to document agents in Minneapolis.

Wrote about the observers. The people standing by and filming and the risk they are taking to let the world see what is happening. It's crucial and its the only way to combat the lies and blatant propaganda. www.theatlantic.com/technology/2...

25.01.2026 18:52 โ€” ๐Ÿ‘ 2088    ๐Ÿ” 657    ๐Ÿ’ฌ 39    ๐Ÿ“Œ 18
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Gold rushes to record high above $5,000/oz Rising friction โ€Œbetween U.S. and NATO โ€‹over Greenland has further fueled gold's run this year.

Gold on a tear as Trump takes aims at allies and increases risk of destabilizing global trading system. Via Reuters

25.01.2026 23:57 โ€” ๐Ÿ‘ 20    ๐Ÿ” 8    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 2

Weird that actual soldiers have to change their gear not to look like cops rather than the other way around.

25.01.2026 23:48 โ€” ๐Ÿ‘ 23    ๐Ÿ” 2    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 1

Princeโ€™s run through the 80s was incredible. Got to see him play once and he had to get through so many hits he crammed like 10 of them into a mid-show acoustic medley.

25.01.2026 23:35 โ€” ๐Ÿ‘ 13    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

@michaelsderby is following 20 prominent accounts