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7:00pm CDT

The Trump-Musk Payments Crisis: The Wonky Constitutional Crisis the Left Should Care About

Saturday July 5, 2025 7:00pm - 8:30pm CDT

Many on the left want to "burn the constitution," but it matters which corner you start from. Some unconstitutional actions could make our society more democratic, more just and could decentralize power. But the constitutional crisis that began almost as soon as Donald Trump was inaugurated as president for a second time has been focused on making our society less democratic, more unjust and has sought to centralize power in the hands of Trump and the coterie of executives backing him (especially Elon Musk). Nathan Tankus, President and publisher of Notes on the Crises, will guide attendees through what has been going on at the Bureau of Fiscal Service, something called the "Automatic Clearing House" (ACH) payments system and how the Trump administration is using its control of the payments system to rob people on social security, rob New York City government and generally cut off the forms of government spending that actually help people.

Speakers

Nathan Tankus

Nathan Tankus is the Publisher of Notes on the Crises and Research Director of the Modern Money Network. He has written for the Financial Times, Politico, Rolling Stone, Jacobin Magazine, Monthly Review & many other outlets. Nathan got his start in the Alternative Banking working... Read More →

Saturday July 5, 2025 7:00pm - 8:30pm CDT
TBA

Economics, Intro