Kimberly Clausing

Ways to Support Minnesota’s Immigrant Communities as ICE Activity Escalates Food drives, fundraisers, trainings, restaurant specials, and other resources to support immigrant communities during ICE's massive Operation Metro Surge.

For those of you wondering how to help those in Minneapolis St Paul, an excellent list of resources is here, including both food support and legal assistance groups.

mspmag.com/arts-and-cul...

They shot Renee Good in the face.
They kidnapped Liam Ramos.
They just executed a man on the street.

Unmask them. Prosecute them. No more secret police.

Lifting this up again. A huge problem now is that there’s a giant slush fund for ICE & CBP separate from annual funding — that Trump can continue to use even during a shutdown.

Ds *must* make rescinding those pots of money the price of any future funding deals, as Rs did w/ IRS money from the IRA.

My son is this age and I just keep looking at this photograph, unable to form a sentence that's not just a howl of rage

America 2026 apnews.com/article/immi...

Read the full transcript of Carney’s speech to World Economic Forum - National | Globalnews.ca Prime Minister Mark Carney gave a forceful speech in Davos, Switzerland, on the 'new world order' and how middle powers like Canada can benefit by working together.

Carney's remarkable Davos speech.

globalnews.ca/news/1162087...

Trump’s First Year Could Have Lasting Economic Consequences

The economic consequences of President Trump have puzzled many, myself included. But many Trump policies make our economy weaker in the long run, even as they create short run disruption. An excellent read from @bencasselman.bsky.social in today's NYT (link follows).

www.nytimes.com/2026/01/20/b...

Trump Is Making China Great Again America’s friends and trading partners are running into the arms of our adversaries. What a mess.

Against the odds, Trump has succeeded in peacefully uniting the world. Unfortunately, he's uniting it against us.
This Pax (Ex) Americana era was illustrated Friday, as Canadian PM Mark Carney wrapped up a trip to China--the first by a Canadian PM in 8+ years. www.thebulwark.com/p/trump-maki...

Opinion | Why Have Business Leaders Gone Silent? Everyone is intimidated by President Trump, but we need to find the courage to stand up against abuses.

Excellent piece on the silent acquiescence of the business community, from Robert Rubin in @wsj.com .

www.wsj.com/opinion/why-...

⏳ 4 weeks passed since the call for papers, and 4 weeks left to submit your paper (by Feb 15)!
The IIPF Congress at ISEG Lisbon this August will include keynotes/panels with @kclausing.bsky.social @trfetzer.com @helenmiller.bsky.social @clemensfuest.bsky.social and the Portuguese Finance Minister.

The Supremes just dropped their latest set of opinions. There's a bunch of them, but NO TARIFF DECISION.

We literally still have no idea whether the tariffs that have plunged the global economy (and politics!) into chaos were unconstitutional from Day One.

Opinion | Trump’s Attack on the Fed Is Already Backfiring

My thoughts on the latest attack on the Fed in
@nytopinion.nytimes.com.

So far it is backfiring--and for the same good reasons the Fed was made independent in the first place. www.nytimes.com/2026/01/12/o...

Attempting to criminalize the actions of an independent public servant, Fed Chair Jay Powell, for the sin of acting independently is an outrage. It's bad economics, bad politics, bad for the rule of law, bad for the public sector, bad for American credibility and bad for Americans.

A truly remarkable statement at an incredibly dispiriting time.

Some countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.

There had been a lot of chatter/hope/speculation that we would hear from the Supreme Court at 10am today on the legality of Trump's tariffs. But... they've only posted one opinion, and it ain't the tariff one.

Continue to be uncertain about whether the biggest cause of uncertainty will continue.

A good exercise to do prior to your year-end giving.

I support these three charities that work to alleviate global poverty (in reverse alphabetical order):

1. @unicefusa.org
2. @pih.org
3. www.givewell.org

Very cool online tool that let's you see how your life might have turned out if you had been born in a different place on the planet.

The biggest lottery in life is the "lottery of birthplace":

The call for papers is out for this summer's IIPF (Intl. Institute of Public Finance) Congress, aptly titled "Public Finances in Turmoil".

And I'm honored to be delivering one of the keynote talks. Hope to see you in Lisbon!

The year before Trump took office, the US averaged +168,000 jobs per month.

It added just 119,000 jobs TOTAL in 7 months since Trump's tariffs began.

The unemployment rate just hit its highest level in 4+ years.

Even Trump's Chief of Staff admits his tariffs hurt our economy.

According to a new court filing, the Trump administration has a six-page list of banned words that Head Start locations are forbidden from using when describing their programs.
Among the censored words: "disability," "race," "women," "trauma," "Gulf of Mexico." Short thread with the full list. 🧵

Households face annual costs of roughly $400–$900 from climate change—mainly from disasters, higher insurance, and energy costs—with lower-income families and certain regions hit disproportionately, from @kclausing.bsky.social, Knittel, and @cwolfram.bsky.social www.nber.org/papers/w34525

Promoting Global Competitiveness for American Businesses and Workers Chairman Kelly, Ranking Member Thompson, Members of the Committee: Thank you for inviting me to share my views on US global competitiveness. In my testimony today, I will make four key points that sha...

@kclausing.bsky.social testified to the US House Ways & Means Committee Subcommittee on Tax that the most direct way to promote global competitiveness for American businesses & workers is to remove the Trump Administration tariffs.
Read the full testimony:

Excellent piece from @stanveuger.bsky.social and Clark Packard on why Congress must reclaim their clear authority over the power of the purse.

See Article 1 Section 8 of the US constitution.

This was also a theme of my recent testimony before HWM.
waysandmeans.house.gov/event/tax-su...

"There is a sense from some in Switzerland that this was very close to corruption," 😲 www.ft.com/content/36c9...

Climate Inaction is an Affordability Problem - Legal Planet This post is authored by UCLA Law’s Kimberly A. Clausing along with guest contributors Christopher R. Knittel and Catherine Wolfram. Many of us have seen large increases in our homeowner’s insurance p...

Climate inaction is ALREADY a big expense affecting US households' costs. One of the biggest? The impact of climate-related natural disasters on housing costs. New post and research by @kclausing.bsky.social @knittelmit.bsky.social @cwolfram.bsky.social

legal-planet.org/2025/11/20/c...

New blog post today on work with @knittelmit.bsky.social and @cwolfram.bsky.social.

Climate inaction is *already* a big expense affecting US households costs; the most important mechanism is the impact of climate-related natural disasters on housing costs.

legal-planet.org/2025/11/20/c...

The image that always sticks in my mind for that total breakdown of the Constitution isn't Jan 6 itself, it's Pelosi literally rallying troops in front of the Capitol to protect Congress from the president.

Betting market odds for SCOTUS letting Trump keep his tariffs have tanked

A good day to re-up this thread on why tariffs are a poor tax policy instrument.

Also relevant today, this broad use of tariffs definitely exceeds the President's authority under IEEPA.

Early indications suggest the court agrees.