Coffee Talk with Tiff

January 12, 2026 12:00 pm EST Tiff Coffee Talk with Tiff 0
Coffee. Photo by Jonathan Thursfield.

It’s Monday…

President Shitshow’s public schedule for…

01/12/2026:

His meeting with the Secretary of Everything and Nothing Marco “I’m soulless now” Rubio could be regarding a wide range of topics such which one of them is the current President of Venezuela?

NC Mountain Girl was not wrong when she said there is very little information regarding the Archbishop Coakley meeting with President Looney Tunes.

President Signing Time is expected to sign some forms of documents this afternoon.

I lost the will to continue googling to figure out what his last meeting of the day is about.

Flash News

The DOJ is going after the Federal Reserve Chairman Jerome Powell. Powell’s term as Fed Chair ends in May 2026.

Good evening.

On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings.

I have deep respect for the rule of law and for accountability in our democracy. No one—certainly not the chair of the Federal Reserve—is above the law. But this unprecedented action should be seen in the broader context of the administration’s threats and ongoing pressure.

This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. It is not about Congress’s oversight role; the Fed through testimony and other public disclosures made every effort to keep Congress informed about the renovation project. Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.

This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation.

I have served at the Federal Reserve under four administrations, Republicans and Democrats alike. In every case, I have carried out my duties without political fear or favor, focused solely on our mandate of price stability and maximum employment. Public service sometimes requires standing firm in the face of threats. I will continue to do the job the Senate confirmed me to do, with integrity and a commitment to serving the American people.

Thank you.

Federal Reserve.gov. 01/11/2026.

There does seem to be some bipartisan pushback against this move by the Trump’s DOJ. There is also whatever the hell this is…

This popped up in my feed. I haven’t had a chance to read all of it.


President Potato was asked about his “Lies Social” post that demanded a 10 percent cap on credit card interest rates for at least a year.

reporter
Do you have any, can I ask you, um, the announcement on the cap on credit card interest rates —

President Potato
Yeah.

reporter
— that you put out on Friday, um, what happens if the credit card companies don’t comply by the January date you set?

President Potato
Well, then they, then they’re in violation of the law.

reporter
Do you have Congressional support —

President Potato
Very severe things. No, I want a cap on credit card interest rates because, you know, some of them are 28, almost 30 percent. And that, people don’t know they’re paying 30 percent. The people out there, you know, they’re working and they have no idea that they’re paying 30 percent. No way. We’re putting a one year cap at 10 percent and that’s it. They know it.

reporter
[Inaudible]

President Potato
And they really, they’ve really abused the public. The credit card companies have totally abused, I’m not gonna let it happen.

Roll call.com. 01/11/2026.

There is no law.

Social media posts even by the President can’t create laws.

Executive Orders or Executive Actions signed during “signing time” also don’t create laws.


Paramount has decided to escalate it’s fight to buy Warner Bros.

Paramount Skydance PSKY 0.46%increase; green up pointing triangle plans to launch a proxy fight for board seats at Warner Bros. Discovery WBD -1.66%decrease; red down pointing triangle, the company said Monday, as it continues pushing its hostile bid for the company.

Paramount also filed a lawsuit seeking to force Warner to release more information about its merger agreement with Netflix NFLX 0.63%increase; green up pointing triangle. Paramount has long argued its offer, which Warner repeatedly rebuffed, is superior in value to Netflix’s. 

Warner “has provided increasingly novel reasons for avoiding a transaction with Paramount, but what it has never said, because it cannot, is that the Netflix transaction is financially superior to our actual offer,” Paramount said.

A Warner spokesman didn’t immediately respond to a request seeking comment. 

The suit escalates Paramount’s pursuit of Warner and casts the spotlight on Warner’s stable of cable networks such as CNN and TNT.

Paramount is seeking to buy all of Warner including its cable networks for $77.9 billion. Netflix is only looking to acquire the company’s movie and TV studios and HBO channel and related streaming business for $72 billion after Warner splits itself in two, leaving its cable-TV networks in a separate publicly traded company.

Part of Warner’s reasoning for favoring Netflix’s deal has been the fact that its stockholders would retain shares in the portion of the company that Netflix doesn’t buy, giving them access to potential upside. Paramount, on the other hand, said last week it believes that business isn’t worth anything.

Wall Street Journal (gift link). 01/12/2026.

Speaking of take overs…

Meta’s statement:

Today we’re announcing Dina Powell McCormick is joining Meta as President and Vice Chairman.

Dina served as an invaluable member of Meta’s Board of Directors, and she’s been deeply engaged as we’ve accelerated our pursuit of frontier AI and personal superintelligence.

As we scale, the complexity of what we’re building is changing. Meta is creating the massive physical and financial model that will power the next decade of computing — including data centers, energy systems, and global connectivity at an unprecedented scale.

“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s President and Vice Chairman,” said Meta Founder and CEO Mark Zuckerberg.

Dina will be a member of Meta’s management team, helping guide the company’s overall strategy and execution. She will partner with the compute and infrastructure teams to ensure our multi-billion-dollar investments execute against our goals and drive positive economic impact in the communities where we operate around the world. And, she will drive an effort to build new strategic capital partnerships and find innovative ways to expand our long-term investment capacity.

About.FB.com/news. 01/12/2026.

About Dina:

Dina brings more than 25 years of experience at the highest levels of global finance, national security, and economic development.

Dina spent 16 years at Goldman Sachs as a partner in senior leadership roles, including serving on the firm’s Management Committee and leading its Global Sovereign Investment Banking business. During her tenure, she spearheaded some of the firm’s most influential and successful economic development initiatives, including 10,000 Women, 10,000 Small Businesses, and One Million Black Women, programs that have driven long-term economic growth and opportunity around the world.

In public service, Dina has served two US presidents. She was Deputy National Security Advisor to President Donald J. Trump and served as a Senior White House Advisor and Assistant Secretary of State for Secretary of State Condoleezza Rice under President George W. Bush. Most recently, Dina was Vice Chair, President, and Head of Global Client Services at BDT & MSD Partners.

About.FB.com/news. 01/12/2026.

Our long national nightmare will be over on Feb 2nd, 2026…

He can lie again!

This is an open thread

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About Tiff 3452 Articles
Member of the Free Press who is politically homeless and a political junkie.