Donald Trump
There’s More at Stake Than Just Interest Rates. Here’s What Trump Could Do With the Whole Federal Reserve Toolkit
The president can "use the Fed's vast powers to enrich himself personally, to reward his billionaire friends, and to punish his enemies," Sen. Elizabeth Warren said.
01.16.26 | 2:07 pm
Trump Yells and Jeanine Pirro Listens
This is your TPM evening briefing.
01.14.26 | 6:10 pm
U.S. Department of Homeland Security logo on a white law enforcement vehicle. U.S. Department of Homeland Security logo on a white law enforcement vehicle.
Abolish ICE? DHS Too. It’s Time Prime Badge
01.09.26 | 4:35 pm

If you’ve been watching reportage and viral videos of immigration raids over the last six months, you’ll remember that often there will be law enforcement officers or agents with uniforms that simply say “DHS Police.” Not Immigration and Customs Enforcement or Customs and Border Patrol, just “DHS Police.” As far as I know, there is no such agency under DHS. DHS employs some 80,000 law enforcement officers spread across nine agencies and offices. So I think that the uniforms just provide a general designation that these are law enforcement officers from within the Department of Homeland Security. That’s a vast amount of coercive power concentrated in this one department, notwithstanding the fact that most of these offices and agencies exist for fairly narrow areas of enforcement, administering points of entry into the U.S., inspecting persons and luggage getting on to commercial passenger jets, protecting federal officials and federal installations.

But what was clear from DHS’s creation was that that power could all be directed and concentrated toward some corrupt or illegitimate purpose. And that, among many other things, is what we’ve seen over the last year.

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