logo
episode-header-image
Nov 2024
10m 8s

Trump’s cabinet takes shape

Financial Times
About this episode

Republican John Thune will be the next leader of the Senate, and the president-elect gets to work filling out his cabinet. Plus, US inflation rose to 2.6 per cent in October, as the Federal Reserve debates whether to cut interest rates next month. Plus, activist investor Effissimo Capital Management has taken a stake in struggling carmaker Nissan.  


Mentioned in this podcast:

John Thune elected to Senate leadership in rebuke to Trump allies 

Donald Trump picks Matt Gaetz as attorney-general

Donald Trump taps Fox News host Pete Hegseth for defence secretary  

US inflation rises to 2.6% 

Nissan shares jump after activist investor takes stake 


The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Quantitative easing is under the microscope
Donald Trump has said Israel and Hamas have agreed the first step in his plan for a Gaza ceasefire, and Washington wants its companies exempt from EU climate rules. Plus, Chinese customs agents are going after a wide range of US semiconductor tech, and central bankers around the ... Show More
10m 46s
Yesterday
Carmakers are falling back in love with petrol
A UBS fund has 30 per cent of its portfolio tied to the failed First Brands Group, and carmakers across much of the world are scaling back on electric vehicle plans. Plus, international investors are returning to China’s start-up scene, in addition to assets across emerging marke ... Show More
11m 25s
Oct 7
OpenAI’s circular deals
EU governments have agreed to limit the travel of Russian diplomats, analysts are worried about a flurry of circular AI deals, and France lost another prime minister after less than a month in office. Plus, why the weaker dollar is helping big US exporters, while domestic-focused ... Show More
10m 53s
Recommended Episodes
Mar 2025
Trump goes to war with the law
The chief justice of the US Supreme Court has issued a stinging rebuke to Donald Trump's demand to impeach a judge who ruled against his administration's controversial deportation of migrants.Judge James Boasberg ordered a stop to the transfer of accused gang members to El Salvad ... Show More
36m 46s
Sep 19
Federal Reserve Lowers Rates, But Less Than Trump Wants
The Federal Reserve voted this week to cut interest rates by a quarter percentage point. We discuss the factors behind the agency’s decision, as well as President Trump’s legal fight to fire Fed Governor Lisa Cook.This episode: political correspondent Ashley Lopez, financial corr ... Show More
18m 43s
Sep 16
Maddow: For a would-be strongman, Trump is profoundly weak
Rachel Maddow points out that Donald Trump is following the "strongman" playbook so closely, and with such a lack of originality, that his behavior in his second term has become entirely predictable. And yet, for all of his aspirations to be a strongman, his leadership suffers fr ... Show More
43m 27s
Apr 2025
Trump Lashes Out at Powell. But Can the President Fire the Fed Chair?
P.M. Edition for April 17. In a post on social media and in comments from the Oval Office, President Trump expressed his displeasure with Fed Chair Jerome Powell. But can Trump actually fire him? WSJ chief economics commentator Greg Ip discusses an upcoming Supreme Court decision ... Show More
13m 2s
Dec 2024
Why has ABC News given Donald Trump $15 million?
Donald Trump has achieved a legal victory after ABC News announced that it was paying Trump $15 million and legal fees to settle a defamation lawsuit related to remarks made in March by morning news presenter George Stephanopoulos.Following the settlement Trump said he intends to ... Show More
25m 38s
Oct 1
Judge Obliterates Trump
Visit https://prizepicks.onelink.me/LME0/TYT and use code TYT and get $50 in lineups when you play your first $5 lineup! Judge tears into Trump for silencing pro-Palestinian activists. Ana challenges an IDF defender in a spicy CNN debate. Netanyahu admits the new peace plan is al ... Show More
1h 7m
Aug 15
Even More News: Trump Plans To Expand Military Presence In Cities, Benny Johnson's Pathetic Lies
Hi. Parker Molloy is back to chat with Katy, Cody, and Jonathan about Trump taking down the deep state (guy with sandwich) in D.C., Benny Johnson's embarrassing turn in the "new media" seat in the White House briefing room, the threat to Obergefell v. Hodges, and the deeply unqua ... Show More
59m 5s
Aug 8
Trump Goes Bananas
Reeling from the Epstein crisis, Donald Trump turns even more erratic and destructive—launching a grand jury investigation into the make-believe crimes of Barack Obama and Hillary Clinton, threatening to seize control of the D.C. police, and sharing some eugenicist theories about ... Show More
1h 25m
Sep 19
The ugly truth about Trump’s ‘beautiful tariffs’. With Martha Gimbel
Customs duties on imported goods used to be a crucial part of US government funding – in fact, the customs service was among the first federal agencies set up after the constitution. Now, Trump is hoping that – among other things – tariffs could transform the US budget. But do th ... Show More
32m 34s
Sep 5
Trump's Very Convincing Body Double
The internet enjoys a brief freakout about the possibility that Trump might be dead. (He isn't.) Senators from both parties press RFK Jr. on his dismantling of the CDC and his accelerating war on vaccines. Survivors of Jeffrey Epstein hold a press conference on Capitol Hill to an ... Show More
1h 20m