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What Process Is Required for Removing a Governor? Does the Fed Exception Extend to Its Functions Other than Monetary Policy? How Durable Is the Ruling? www.brookings.edu/articles/fed...

Fed independence after Trump v. Cook | Brookingswww.brookings.edu

What I learned today: "virtual power plants"

"not designed to do that" ?

Here are the State Department data www.rpc.state.gov/documents/Re...

3. In states where homeowners insurance premiums face greater regulatory limits -- an indirect channel through which renters and commercial property owners may help absorb costs that homeowners do not fully bear.

2. States whose insurers rely heavily on reinsurance markets have experienced especially large increases in commercial property insurance costs.

1. Insurers have become more sensitive to local disaster risk. Prior to 2018, commercial insurance costs were only weakly related to measures of climate and catastrophe exposure. Since then, insurers have increasingly incorporated both expected and realized disaster losses into pricing decisions.

Yes — and it was a good find!

“A well-communicated policy is one which helps economic agents – households, businesses, financial markets – to understand the likely reaction function of policymakers to incoming information.” - Kevin Warsh, 2014. www.bankofengland.co.uk/-/media/boe/...