Tuesday, February 11, 2025

States Lose "Who Runs Treasury" Battle

 A Fed "judge" named Engelmeyer prohibited the Secretary of the Treasury from accessing Treasury information and data very late last Friday night/Saturday morning.  We'll give him the benefit of the doubt and suggest that he was dead drunk when he signed the TRO.

Aside from the Sec/Treas, he also prohibited "political appointees" from access.

(Following relies on Shipwrecked Crew's X account relayed by Wauck)

Today he was reversed in 90++% of his drunk-order.  1)  There is no distinction between "civil servants" and "political appointees," said a sober (Biden!) judge.  2)  There is no "irreparable harm" shown, nor alleged.  There may be "risk," but that doesn't trigger a TRO.  3)  "Special Government Employees" (the DOGE boyzzzz) and "employees of other Departments" will remain banned until a final order is issued this Friday.

Based on the wording of today's judgment, it's likely that the DOGE Boyzzzz will be back in business on Saturday morning (while the usual bureaucrats are sleeping in) and a number of States have just blown a few hundred thousand dollars on stupidBut they're Democrats, so "stupid" is their middle name.

 

2 comments:

Anonymous said...

And then there is this about Raskin and his wife!!!!!!

More Popcorn please!

Chilling info on Jamie Raskin’s wife might explain why he’s fighting DOGE…

Turns out, Mrs. Sarah Bloom Raskin has quite the deep state resume—and some of her dealings raised eyebrows.

Jamie Raskin’s wife previously served at the top levels of the treasury and the federal reserve during the Obama administration.
Raskin took eight months to disclose his wife’s sale of 195,936 shares of Reserve Trust, where she sat on the advisory board. This sale resulted in $1.5 million in profit for Raskin’s wife.
This was a violation of the Stock Act.
But that’s not the real story, the real stories is that in 2018, when she sat on the advisory board, the Fed granted Reserve Trust unusual access to its master account — an enviable get that allows the fintech company to move money for customers without relying on banks.
This was the only state chartered trust company in the country to get one.
And that’s why she got 1.5 million dollars in exchange.
You see why @RepRaskin is terrified of @elonmusk and DOGE auditing the treasury.
Jamie Raskin’s wife previously served at the top levels of the treasury and the federal reserve during the Obama administration.
Raskin took eight months to disclose his wife’s sale of 195,936 shares of Reserve Trust, where she sat on the advisory board. This sale resulted in…

https://revolver.news/2025/02/chilling-info-on-jamie-raskin-wife-explains-why-he-is-fighting-doge/

Anonymous said...

Trump and the Sec Treas should have just followed the order which effectively shuttered the Treasury. It is a well known principle that if the boss can't sign the checks the bills don't get paid. Musk could have given the judge an award for reducing gov spending more than any other individual.