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Jane Kim explains why she should be California's next Insurance Commissioner
Jane Kim, an attorney and former San Francisco Supervisor, is running to be California's next insurance commissioner.
Former sports reporter brings love of the game to life in art
Former Edgerton and Janesville print and broadcast sports reporter Bob Samuelson has brought his lifelong love of the game to life in the form of hand-drawn portraits of legendary athletes.
Inside California Politics: Jane Kim wants more, bigger public options for insurance
(INSIDE CALIFORNIA POLITICS) — This week on Inside California Politics, host Nikki Laurenzo spoke with Jane Kim, one of two democrats competing to be California’s next Insurance Commissioner.…
Gov. Greg Abbott names Robert Howden as Texas secretary of state
Howden, previously Gov. Greg Abbott’s legislative director, succeeds Jane Nelson, whose resignation took effect Friday morning.
Hornets' Tidjane Salaun: Goes for 21 points
Hornets' Tidjane Salaun: Goes for 21 points
Small Business Administration pop-up office opens in Janesville to provide aid after April floods
The federal Small Business Administration officially open a service center in Janesville on Wednesday, launching a set of services for residents and local organizations hit by flooding and storm damage
Texas Health announces addition to Fort Worth hospital tower
Four floors will be added atop the existing hospital tower, two of which will house the Jane and John Justin Center for Women & Infants.
New School of Public Health receives largest donation in WashU history
WashU’s new School of Public Health received $200 million, the largest donation in the history of the University, from the Bursky Family Foundation in May. The school has been renamed the Andrew M. and Jane M. Bursky School of Public Health after foundation founders and alumni Andrew Bursky, outgoing chair of the WashU Board of Trustees, and his wife, Jane Bursky.
Mary Steenburgen says ‘Book Club’ cast are her closest friends, they miss Diane Keaton
‘Book Club’ stars Mary Steenburgen, Candice Bergen, and Jane Fonda are extremely close and will be ‘missing’ Diane Keaton when they soon reunite.
Vanderbilt Health celebrates 100 years of membership in the American Hospital Association
Presented as part of the AHA Membership Milestone Awards, this recognition celebrates organizations whose longstanding partnership has helped strengthen hospitals and improve the health of communities across the nation.
Pols & Politics: Aging Ed Markey highlights endorsement from aging Jane Fonda
An aging Sen. Ed Markey is showing off a new endorsement of his reelection campaign by 88-year old celebrity and longtime political activist Jane Fonda.
As World Cup fever grips Brazil, scrutiny mounts over its sports betting industry
RIO DE JANEIRO (AP) — When World Cup season descends upon soccer-mad Brazil, green and yellow banners decorate restaurants, bars and apartment buildings, streets are painted with flags and soccer balls, and discussions of the beloved national team's games are ubiquitous.
Lauryn Hill honored, Janet Jackson stuns and Druski makes history at BET Awards
Hill performed “Ex-Factor” Sunday
Trump calls likely DC mayor Janeese Lewis George a 'communist' and vows to block her agenda
D.C. mayoral frontrunner Janeese Lewis George faces clash with President Trump over ICE enforcement, policing, cashless bail and sanctuary city policies.
The Business of Beauty Global Forum: Inside the Industry
Jane Hertzmark Hudis, Simone Dominici and Vicky Tsai were among the speakers unpacking the most pressing topics for the industry in the second session of The Business of Beauty Global Forum 2026.
Governor Mills Celebrates Groundbreaking for Youth Mental Health Treatment Facility in Saco
Saco, MAINE-- Governor Janet Mills today participated in a groundbreaking ceremony for Sweetser's new youth psychiatric residential treatment facility. Governor Mills and the Legislature secured more than $5 million to help build the treatment facility.
A New Era for D.C. Politics? Insiders Discuss
On the Hill's Tom Fitzgerald is joined by former DC Councilmember At-Large Bill Lightfoot and DC Democratic Party Chair Charles Wilson for a breakdown of what Janeese Lewis George's win means for DC politics.
From New York to Seattle to DC, more cities are picking democratic socialist leaders
On the night of the Democratic primary to be the next mayor of Washington, DC, Janeese Lewis George pushed back on those who doubted the movement that had formed behind her.
New School of Public Health receives largest donation in WashU history
Andrew (left) and Jane Bursky (right) gifted the School of Public Health $200 million - the largest donation in WashU history (Photo courtesy WashU Bursky School of Public Health) WashU’s new School of Public Health received $200 million, the largest donation in the history of the University, from the Bursky Family Foundation in May. The
A new era for D.C. politics
With D.C. Councilmember Janeese Lewis George capturing the nomination for mayor, and a host of other progressive candidates winning races down the ballot, the city's government is set for some of the biggest changes in the last two decades.
Singer Oliver Tree confirmed dead at 32 after helicopter crash in Brazil
The American musician is one of six people believed to have died after two helicopters collided over Rio de Janeiro.
Why democratic socialists like Lewis George in D.C. keep winning in cities
Janeese Lewis George's sweeping victory in the Democratic primary follows a trend of urban voters turning to candidates to the left of mainstream Democrats.
Democratic socialists surge in mayoral races across the country as anti-Trump fervor rises
Janeese Lewis George is making waves in Washington, D.C., with her progressive agenda as she aims for the mayor's office.
Democratic Socialists Surge in Mayoral Races Across the Country as Anti-Trump Fervor Rises
WASHINGTON (AP) — As Janeese Lewis George paves a path to the mayor's office in Washington, D.C., she's told voters they could have it all. Her unapologetically expansive, left-wing agenda includes subsidized or even free childcare, increased down payment assistance for homebuyers and community ...
Janeese Lewis George wins the Democratic primary for mayor of Washington, D.C.
In an overwhelmingly Democratic city, Lewis George is likely to take the top spot in November's general election, replacing moderate Muriel Bowser, who decided not to run again after three terms.
The unwanted return of tetanus; why soccer makes people so happy; breast cancer in men; plus other stories with Vanderbilt Health sources
Women’s Health interviewed Kathryn Edwards, MD, Sarah H. Sell and Cornelius Vanderbilt Professor of Pediatrics, for a story about her JAMA Viewpoint article on tetanus making a comeback. Women’s Health interviewed Colin Armstrong, PhD, Assistant Professor of Clinical Psychiatry and Behavioral Sciences and Assistant Professor of Physical Medicine and Rehabilitation, for a story tied to the World Cup about why soccer makes people so happy. An NBC News story about the announcement by “X-Men” actor and former wrestler Tyler Mane that he has breast cancer quotes Ben Ho Park, MD, director of the Vanderbilt-Ingram Cancer Center. The story focuses on how a prominent man with breast cancer may help remove some stigma from a cancer that is rare in males. Prevention magazine interviewed Caitlyn Mooney, MD, Assistant Professor, Department of Orthopaedic Surgery, for a story about a BMJ study that suggests 90 to 120 minutes per week of strength training may lower the risk of death. William Schaffner, MD, Professor of Preventive Medicine, was quoted by several news outlets about public health issues, including: Women’s Health (norovirus is more common this summer); SFGate (measles in San Francisco just before the World Cup crowds); Travel + Leisure (how to avoid getting sick on a cruise); and Fox News (mosquito-borne diseases). Reporter Liz DeSantis from WKRN News 2 aired a story on the rehab unit at Monroe Carell Jr. Children’s Hospital at Vanderbilt. Kat Hedden, PT, DPT, PCS, CBIS, Acute Pediatric Physical Therapy Clinical Team Lead and Mary McLanahan, MD, Assistant Professor of Physical Medicine and Rehabilitation were interviewed, as well as the family of patient Will Terry. Reporter Nikki Hauser from WTVF News Channel 5 interviewed Graden Knapp, Gaming and Technology Specialist at Monroe Carell Jr. Children’s Hospital at Vanderbilt about his 3-D wheelchair project. Tennesseanreporter Sandy Mazza covered the announcement of the latest Leadership Nashville class, which includes Jane Freedman, MD, Deputy CEO, and Chief Health Systems Office for Vanderbilt Health; and also the announcement of the latest Leadership Tennessee cohort, which includes Jeff Upperman, MD, Surgeon in Chief at Monroe Carroll Jr Children’s Hospital at Vanderbilt.
Challenger concedes to democratic socialist Janeese Lewis George in Washington, D.C., mayoral primary
NBC News has not yet projected a primary winner. But Kenyan McDuffie’s concession sets up Lewis George to lead the city for the last two years of the Trump administration.
Democratic socialists are on the rise in Trump-era mayoral races
The rise is fueled by a backlash to Trump policies, economic strain and fatigue with the Democratic establishment. A possible win in Washington, D.C., might be next.
On Demand — Health on the Plains Coffee Hour, Featuring Sarah Jane Tribble
KHI hosted Sarah Jane Tribble of KFF Health News to discuss rural health care challenges and opportunities, including hospital closures, technology and rural transformation efforts.
Where do things stand in the DC primary races?
Janeese Lewis George is holding a large early lead in the Democratic mayoral primary in Washington, DC, based on initial election results, but CNN has not projected a winner yet.
Democratic socialist Janeese Lewis George opens up lead in Washington, D.C., mayoral primary
Lewis George, a member of the city council, has a significant edge over her nearest rival, Kenyan McDuffie, with about two-thirds of the vote counted and the race too early to call.
Left-wing distraction of Trump's UFC event falls flat as bitter celebrities mocked online
Celebrities including Bette Midler and Robert De Niro faced widespread online mockery for their anti-Trump concert meant to counter-program his UFC event.
Janelia’s Two Big Bets: Decoding the Brain and Reinventing How Science is Done
HHMI’s Janelia Research Campus is launching a decade-long scientific effort to pursue two coequal goals: understanding how the brain generates complex behavior, and developing a new mode of scientific discovery in which biologists and AI work together as partners in discovery.
The next mayor of DC will have to navigate its most famous resident: President Donald Trump
Janeese Lewis George, a Washington, DC, councilmember and leading candidate for mayor, was knocking on doors when her team got word that President Donald Trump said he wouldn’t “put up with it” if the democratic socialist wins her Tuesday primary.
Jane Fonda calls on entertainment industry leaders to defend 'right to free expression'
Jane Fonda made a passionate speech at the Rise Up, Sing Out concert held at The Town Hall in New York City on Sunday night.
CFHLA endorses 4 incumbents in Orange, Osceola and Seminoles races
Mike Scott, Viviana Janer, Jay Zembower and Amy Lockhart picked up the endorsements.
Jane Castor highlights Land Development Code update, encourages public input
"I want to make sure what we’re building next is something we’re all proud of,” Castor said.
Jane Fonda expands mission to address teen health and opportunity in Georgia
In 1995, Fonda started the Georgia Campaign for Adolescent Power and Potential.
Trained in fierce local politics, SF women lead statewide contests
Former supervisors Fiona Ma, Jane Kim, and Malia Cohen and Lt. Gov. Eleni Kounalakis are front-runners in their state races.
French-Iranian Persepolis author Marjane Satrapi dies of ‘sadness’
Satrapi's autobiographical novel was born from her experiences of Iran's Islamic revolution and war with Iraq.
'Teenage Sex and Death at Camp Miasma' review: Laughing in the face of 'elevated horror'
Hannah Einbinder and Gillian Anderson star in this queer, hilarious slasher from "I Saw the TV Glow" maker Jane Schoenbrun.
Former primary rival resurfaces to challenge scandal-plagued Graham Platner in Maine Senate race
Maine Gov. Janet Mills reminds voters she remains on the ballot after suspending her Senate campaign, as rival Graham Platner faces mounting scandals.
Some Janet Mills backers want her to resume her Maine Senate campaign against Graham Platner
Some prominent supporters of Maine Gov. Janet Mills’ now-suspended run for US Senate suggested Monday she should revive her campaign in a last-ditch effort to stop Graham Platner as his bid becomes engulfed by another controversy.
Mills Reminds Maine Voters She’s ‘Still on the Ballot’ for Senate Amid Platner Controversy
A month after withdrawing from the state’s Senate race, Gov. Janet Mills suggested she remained an option after the likely Democratic nominee, Graham Platner, faced a new scandal.
Harmon fiber art exhibit open in Apple Gallery
DANBURY — The Stokes County Arts Council is pleased to announce the opening of a fiber arts exhibit by Artist Janeise Harmon, in the Apple Gallery.
The rise of Janeese Lewis George, who could be D.C.’s first democratic socialist mayor
Focusing on workers’ and tenants’ rights, the council member would represent a drastic shift in the status quo if elected to the city’s highest office.
Ancelotti names Brazil line-up for friendly against Panama
Coach Carlo Ancelotti announced the Brazil national team lineup for the friendly against Panama during a press conference held this Saturday (30) at Granja Comary, in Teresópolis, Rio de Janeiro. In ...
What does the primary’s biggest legislative upset say about the state of Oregon politics?
Some see signs of a leftward shift in state Sen. Janeen Sollman’s defeat. Others see political retribution.
The Business of Beauty and Front Row Convene Beauty Leaders in New York
Executives from Kenvue, Olfactory NYC, Soshe Beauty, Weleda, Jane Iredale, YSE Beauty, Odele and more gathered at Sadelle’s in New York City to discuss what it means to build a commerce strategy that connects the dots between discovery, conversion and growth.
How Asian American politics has changed, and where it stands today
A Good Chat with Janelle Wong challenges the misconceptions about Asian American political behavior.
Gift expands undergrad research opportunities in wildlife and fisheries science
Paul and Jane Miller, through a six-figure pledge, have created the Paul and Jane Miller Undergraduate Research Fund in the College of Agricultural Sciences' Department of Ecosystem Science and Management. With the goal of seeing their philanthropy in action, the Millers have also committed to a five-year, $25,000 pledge to early activate their research endowment.
Maternal Mental Health Month: What to know
Northwestern Medicine Associate Professor of OBGYN Dr. Janelle Bolden joined ABC7 to discuss on Saturday morning.
Trump Gets Another Ally in EU With Jansa’s Return in Slovenia
Slovenian lawmakers elected nationalist leader Janez Jansa as the country’s next premier, tilting another European Union member to the right and handing Donald Trump a potential ally in the bloc.
Mallon Receives Inaugural Dawn Staley Legacy Award at Philadelphia Sports Legacy Honors
PHILADELPHIA - Janet E. & Barry C. Burkholder Family Head Women's Basketball Coach Amy Mallon was one of six recipients of the inaugural Dawn Staley Legacy A...
Chris Fleming's Cameo On 'Widow's Bay' Is The Best TV Moment Of 2026
A Knight of the Seven Kingdoms had the Trial of Seven. The Pitt had Robby and Baby Jane Doe. Widow’s Bay has a shaman.We are now five episodes into the first season of the Apple TV+ horror/comedy seri...
Mills endorses former administration official Hannah Pingree for governor
Gov. Janet Mills announced her official endorsement Tuesday for Hannah Pingree to succeed her in the Blaine House.
TXSE pulls from Jane Street, blockchain, D-FW business for new leaders
The upstart exchange announced its board of directors, while its parent company TXSE Group named a CFO.
Jane Schoenbrun's queer slasher movie 'Teenage Sex and Death at Camp Miasma' jolts Cannes
A bold, bloody queer slasher film starring Hannah Einbinder and Gillian Anderson gave the Cannes Film Festival a gonzo jolt | Talk 1370
Our understanding of Charles Darwin continues to evolve
Historian Janet Browne’s Darwin: A Biography lifts the curtain on the private life of Charles Darwin, one of science’s most controversial pioneers.
2026 Special Olympics USA Games Announces Opening Ceremony Entertainment Lineup, Tickets on Sale Now
/PRNewswire/ -- Demi Lovato and Jon Batiste will perform during the Opening Ceremony of the 2026 Special Olympics USA Games on June 20 at Huntington Bank...
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Vice President Vance slams MaineCare program
Gov. Janet Mills has previously characterized the Trump administration’s allegations of fraud as targeting Democratic states and as an attempt to “distract from his failing agenda.”
Ad wars ramp up in D.C. mayoral race as primary enters final month
Deep-pocketed political groups are seizing on potential vulnerabilities of the top Democrats in the race, Janeese Lewis George and Kenyan McDuffie.
Washington University Given $200 Million For Public Health School
The Washington University School of Public Health in St. Louis, Missouri has received a $200 million commitment from Andrew M. Bursky and his wife Jane M. Bursky.
I left LA for Rio. My life is better and cheaper.
Luca Martins moved from Los Angeles to Rio de Janeiro and found a lower cost of living and stronger community.
Partner for Better named Columbia chamber’s 2026 small business
Partner for Better has been named the Columbia Chamber of Commerce’s 2026 Small Business of the Year for its work supporting nonprofits.
CNN founder Ted Turner, maverick media mogul who married Jane Fonda, dies at 87
Ted Turner, the maverick businessman and philanthropist who founded CNN, TBS and TNT, has died at 87.
National Academy of Sciences elects six Berkeley researchers to its
The National Academy of Sciences announced its newest members this week, among them six eminent UC Berkeley faculty members, including former U.S. Secretary of the Treasury Janet Yellen. Membership
Jane Castor set to talk community investment, preview final year in office with State of the City address
The address comes at a pivotal moment for Castor, who is entering the final year of her term.
Shakira turns copacabana into a party zone in record-breaking Rio de Janeiro show
Schumer’s Maine pick Janet Mills drops out; VRA ruling boosts GOP path: Join Friday’s Whole Hog
Progressive Democrats cheered after Senate Majority Leader Chuck Schumer’s (D-N.Y.) preferred candidate, Gov. Janet Mills (D), exited Maine’s Senate race, reshaping the field. Republicans are…
Analysis | What Janet Mills’s failure to launch tells us about this political moment
The Washington Post’s essential guide to power and influence in D.C.
What to Know About the Maine Senate Race After Janet Mills Drops Out
The exit of Gov. Janet Mills kicked off the general election early in what is likely to be one of the most important, expensive and combative Senate races of 2026.
Janet Mills stood up to Trump. Democratic voters shrugged.
Liberals say they want a fighter. But a popular governor who clashed with the president failed to catch fire in Maine’s Senate race.
National Academy of Sciences elects six Berkeley researchers to its
The National Academy of Sciences announced its newest members this week, among them six eminent UC Berkeley faculty members, including former U.S. Secretary of the Treasury Janet Yellen. Membership
How Janet Mills’ Maine Senate bid fell apart
Conversations with nearly a dozen Democrats reveal how deeply the campaign struggled to raise funds and counter Graham Platner’s meteoric rise.
What Janet Mills' fall signals for the Democratic Party's future: From the Politics Desk
Plus, redistricting ruling ripple effects.
Graham Platner’s triumph, explained by a Maine reporter
Can we read big national trends into Janet Mills’s defeat? Or are these candidates — and this state — just singular?
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Janet Mills quits Maine Senate bid leaving Democrat novice in running
Mills has been a popular governor in the state and was the top choice of a national Democrat establishment, but her campaign never gained momentum.
Janet Mills Quits Maine Primary After Lackluster Campaign
The Maine governor’s exit from the race clears a path for Graham Platner to become the Democratic nominee and face Susan Collins in the fall.
Janet Mills suspends Maine Senate campaign and makes way for Platner
Gov. Janet Mills has suspended her Democratic campaign for U.S. Senate, making way for political novice Graham Platner to face Sen. Susan Collins.
Maine Gov. Janet Mills drops U.S. Senate bid before Democratic primary
Mills has struggled to outshine first-time candidate Graham Platner, her opponent in the June 9 Democratic primary.
Janet Mills drops out of Maine Senate race, clearing way for Platner
This is a big win for the Bernie Sanders wing of the Democratic Party.
Maine Gov. Janet Mills suspends Senate campaign
Polls had consistently shown Mills trailing oyster farmer Graham Platner in the Democratic primary.
Maine Gov. Janet Mills suspends campaign for US Senate
Maine Gov. Janet Mills is suspending her Democratic primary campaign for US Senate, clearing the way for Graham Platner to challenge Sen. Susan Collins.
Janet Mills, Governor of Maine, Suspends Senate Campaign
Her withdrawal paves the way for Graham Platner to challenge Senator Susan Collins, and reflects the energy of the Democratic Party’s left as well as voters’ unease with older candidates.
How the Science of Reading Is Reshaping Teaching: What the Data Say
A nationally representative survey shows how reading curriculum, PD, and teacher practice have shifted.
Democratic Governor Candidates Break with Mills on Data Centers
Four out of five candidates running to replace Janet Mills said she was wrong to veto a temporary moratorium.
Colorado is ensuring children come first
By Jenelle Goodrich For years, parents and advocates have been calling for stronger regulations around technology that interacts with our children. Colorado House Bill 26‑1263 is a serious acknowledgment by lawmakers that conversational AI systems are deeply embedded in the lives of young people, and they carry real risks that demand real accountability. From Silenced […]
Political Entrepreneurs or Bandits? The “Criminal” Origins of Peripheral Rebellions -
Political Entrepreneurs or Bandits? The “Criminal” Origins of Peripheral Rebellions By Janet I. Lewis and Stephen Rangazas, George Washington University How and why do armed groups that become known as “rebels” initially use violence? New datasets [...]
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After long last, the drinks are flowing and the kitchen is singing at 5280 W. 25th Avenue in Edgewater. Over the weekend, Maryjane’s Hideaway...
Cowboys, Ravens Set to Square Off in NFL's Inaugural Rio de Janeiro Game
The Ravens will meet up with the Cowboys in Rio de Janeiro for the Brazilian city's first NFL game.
Maine data center ban vetoed by Gov. Janet Mills
Maine Gov. Janet Mills vetoed a data center ban because it didn't contain an exemption for a specific project.
‘The Pitt’: Will Robby Adopt Baby Jane Doe in Season 3?
Plus, will Robby get a new love interest?
Janet and Paris Jackson skipped the 'Michael' premiere
Janet Jackson isn't portrayed in the 'Michael' biopic and she skipped the premiere along with Paris Jackson. Here's why they both bowed out and what the cast is saying about leaving sexual assault allegations on the cutting room floor.
La Toya Jackson explains why Janet Jackson isn't in the 'Michael' biopic
Director Antoine Fuqua said that although she doesn't appear in "Michael," Janet Jackson still supports her nephew Jaafar Jackson, who stars as the King of Pop in the biopic.
PWS Honored Graduate: Janey Cress’ Plunge into Freshwater Ecosystems
Driven to make the most of her time at BYU, Janey Cress immersed herself in undergraduate research studying freshwater macroinvertebrates.
Top 10 things to do this weekend, festival season kickoff edition
Find the best places to be this weekend in Cincinnati, from Asian Food Fest to Jane Austen Festival to belated Earth Day celebrations.