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Steven Rattner Profile
Steven Rattner

@SteveRattner

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Former head of Obama Auto Task Force. Wall Street financier. Contributing Writer to NY Times Op-Ed. Morning Joe Economic Analyst. 🌐

New York
Joined October 2011
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@SteveRattner
Steven Rattner
8 months
Get my @Morning_Joe charts and my @NYTimes OpEds & posts by signing up at . Bluesky: @steverattner.bsky.social.Threads: stevenrattner
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@SteveRattner
Steven Rattner
2 days
Even if they voted for it, a lot of Republicans in Congress were not happy about the Big Beautiful Bill. In my latest for @nytopinion, I have 10 charts to explain why.
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@SteveRattner
Steven Rattner
3 days
Here's what will happen to student loans under the Big Beautiful Bill. More in my latest for @nytopinion .
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@SteveRattner
Steven Rattner
3 days
Congress just passed a bill that takes healthcare and food assistance from the poor, and puts money in the pockets of the rich. More in my latest for @nytopinion .
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@SteveRattner
Steven Rattner
3 days
Here's what's in the bill Congress just passed. More in my latest for @nytopinion .
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@SteveRattner
Steven Rattner
3 days
Republicans just managed to pass a bill that will balloon the debt, push millions off Medicaid, and do little for economic growth. I chart all the sordid details in my latest for @nytopinion.
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@SteveRattner
Steven Rattner
5 days
Comparing the White House analysis of OBBBA to multiple private forecasters shows how ridiculous Trump’s claims for the legislation are.
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@SteveRattner
Steven Rattner
5 days
The Senate just passed a bill that would (taking into account the expiration gimmickry) add $5.3T to the debt, which is more than we borrowed to recover from COVID. That’s unacceptable.
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@SteveRattner
Steven Rattner
5 days
Job openings rose to 7.77M in May, beating expectations.
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@SteveRattner
Steven Rattner
6 days
The Senate’s version of OBBBA hits poor families even harder than the initial version passed by the House — now the poorest Americans will lose 2.9% of their income while the richest gain 2.2%
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@SteveRattner
Steven Rattner
9 days
RT @JustinWolfers: It is quite rare for consumer spending to fall in inflation-adjusted terms. It happened during covid, and during the fin….
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@SteveRattner
Steven Rattner
9 days
In May, personal income dropped by 0.4%, the first month-over-month decline in almost 4 years.
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@SteveRattner
Steven Rattner
9 days
Consumer spending dropped 0.3% in May, a sign of economic slowdown.
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@SteveRattner
Steven Rattner
9 days
PCE inflation ticked upwards in May, perhaps the first glimpse of tariff-related price increases.
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@SteveRattner
Steven Rattner
10 days
New research finds that running AI on devices (like your phone) instead of computing in the cloud can consume 75-95% less power. While the energy & environmental costs of AI are valid concerns, remember that innovation can help address these problems.
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@SteveRattner
Steven Rattner
10 days
First quarter GDP growth was revised down to -0.5%, a stark drop from the previous quarter's 2.4%.
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@SteveRattner
Steven Rattner
10 days
The Fed is projecting elevated inflation for the next 3 years but hasn’t changed its outlook for rate cuts in 2025. My @Morning_Joe Chart
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@SteveRattner
Steven Rattner
10 days
Last week, the Fed lowered its GDP forecast and hiked its unemployment expectations. My @Morning_Joe Chart
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@SteveRattner
Steven Rattner
10 days
Jobless claims have really climbed in June — we may start to see a slowdown in the next jobs report. My @Morning_Joe Chart
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@SteveRattner
Steven Rattner
10 days
The average American thinks there’s only a 51% chance that they could find a job in 3 months if they lost their job. That’s down from around 60% just before covid. My @Morning_Joe chart
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@SteveRattner
Steven Rattner
10 days
While the hard data is relatively agnostic, the soft data is definitive: jobs are not easy to find. My @Morning_Joe Chart
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