Sean Casten Profile picture
Sep 21, 2020 6 tweets 2 min read Read on X
Supreme Court right now.

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More from @SeanCasten

Sep 17
Just updated my regular look at what power sources are driving the US electric sector on a % basis. Nice cause for optimism. Renewables still growing. Coal use slightly increasing recently but all at the expense of natural gas - which is just economic switching. Image
e.g, markets are still preferentially deploying and dispatching in least cost order. (In non econ speak: people prefer cheap energy). The push to export LNG has predictably pushed up domestic gas costs giving coal a slight preference on the margin but renewables still win.
Here's a simpler look, just comparing zero carbon to carbon-based generation. We aren't where we need to be yet but the trends are steady. Image
Read 4 tweets
Sep 17
Here’s a brief story, with receipts about Trump administration corruption and crypto industry collusion that WILL be investigated once the majority of the House is filled with people who take ethics and the Constitution seriously:
1. First, in November 2023, Binance (a large crypto exchange) pled guilty to money laundering and agreed to pay a $4 BILLION fine. Also, their founder CZ Zhao was sentenced to 4 months in prison. justice.gov/archives/opa/p…
2. Read that again. They pled guilty. They acknowledged their guilt. And agreed to pay a lot of money. And their founder and CEO went to jail.
Read 16 tweets
Aug 26
Lisa Cook is ALLEGED to have committed crimes by a man who was CONVICTED of 34 felonies. Due process matters. A country based on the rule of law that attracts foreign capital because of that promise should be steadfast in opposition to her termination.
When I said yesterday that this was only about racism it kicked up a nest of trolls. But the second part is the one that hurts us all - white, black, racist and tolerant alike. We will all be poorer if the world loses faith in the US economy.
@JustinWolfers noted yesterday that really bad things happen when you don't have an independent monetary policy committed to low inflation and/or don't have an executive committed to upholding the rule of law. Image
Read 10 tweets
Aug 20
Van Drew is of course full of shit. He's a disposable sycophant who gets some TV time prior to his disposal. But just to humor him, let's pretend for a moment that you are Dr. Evil and are setting out to tamper with our democracy. How would you do it? (thread)
1. It's worth going through this exercise because if you want to catch a criminal, you have to think like a criminal. So assume you have nefarious intent but want to minimize your chances of getting caught and spend the fewest possible resources to flip the most possible votes.
2. Everything Van Drew describes is actually really hard on both fronts. States have voter registries. Your ballot may be slightly different from your neighbors ballot a few blocks away because you're in a different fire/school/library/judicial/etc district.
Read 19 tweets
Jul 30
Scott Bessent is a smart guy. But he only got the job as Treasury Secretary because Trump knows how to identify people who will roll over for him. Which is to say, he knows better. So let’s fact check his oped in today’s WaPo, shall we? washingtonpost.com/opinions/2025/…
1. First, if you want to understand what the crypto legislation that passed the House will actually do to financial markets, here are the facts.
2. Let’s define terms. “Blockchain technology” is just accounting. It’s a digital tag, tied to a digital purchase that records the buyer and seller. It is interesting, if not especially sexy. To the extent people can’t use it it’s because it doesn’t meet robust audit standards. Image
Read 23 tweets
Jul 27
Just learned that Mike Johnson, before coming to Congress claimed to be the Dean of a law school named after a pedophile. Which may explain a few things. Notably… Image
Image
… he then voted to table a resolution I introduced to compel the release of the Matt Gaetz ethics report, which also included significant allegations of underage sexual abuse. clerk.house.gov/Votes/2024490
Anyway, just worth pointing out that his decision to send the House home early rather than force release of the Epstein files is far from the first time he’s put the interests of sex offenders ahead of their victims.
Read 4 tweets

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