logo
episode-header-image
Apr 2025
19m 52s

A primer on the Federal Reserve's indep...

NPR
About this episode
tail spinning
Up next
Today
Is this how the great international borrowing spree ends?
In recent months, there have been serious whispers about an outrageous possibility: that one day soon, France — the seventh largest economy in the world — might not be able to pay back its debts. Right now, protesters in France are complaining about crumbling schools, the lack of ... Show More
25m 51s
Oct 28
Politicians are afraid to fix taxes. So 100 citizens tried.
Connecticut’s property tax system has been broken for decades and the politicians have failed to fix the problem. So now, they’re trying something new: a citizens assembly. (Citizens assemblies are also old. They go back to Ancient Greece, when lawmakers were chosen not through e ... Show More
30m 31s
Oct 23
How surveillance crept up on us
For years, police have spent billions of tax dollars on watching us, tracking us, and recording us. In the largest police department in the country, these surveillance systems were paid for and adopted without the kind of public oversight cities usually require. In the wake of 9/ ... Show More
34m 36s
Recommended Episodes
Aug 2025
A Primer On The Federal Reserve's Independence
President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shif ... Show More
20m 37s
Mar 2025
Can the Fed stay independent?
<p>President Donald Trump has loudly proclaimed his desire for lower interest rates. Jay Powell, chair of the Federal Reserve, responding to persistent inflation, has kept rates higher. And keeps mentioning that he can’t be fired. But is this true? Today on the show, the FT’s eco ... Show More
21 m
Sep 2025
Here’s Why Trump’s Fed Pressure Campaign May Deliver
Donald Trump has never hidden his frustration with the Federal Reserve — and now, back in the White House, his attacks have only intensified. From insults directed at Chair Jerome Powell to threats against Fed Governor Lisa Cook, the president is waging an extraordinary campaign ... Show More
7m 46s
Oct 2025
Trump Is Meddling With the Fed. Why Don’t Markets Care?
In both economics and politics, there is a widespread view that central banks should be free of political pressure, with cautionary tales around the world of what happens when politicians meddle: out of control inflation, spiraling debt crises and economic collapse. And with the ... Show More
30m 50s
Aug 2025
Trump’s Takeover of the Fed
<p>President Trump’s decision to try to fire a member of the Federal Reserve’s governing board is his most audacious attack yet on the independence of the central bank.</p><p>Ben Casselman, chief economics correspondent for The New York Times, discusses why Mr. Trump’s route to c ... Show More
27m 24s
Aug 2025
Swamp Notes: Trump’s case against Fed chair Powell
This weekend, we're sharing an episode from our fellow FT podcast, Swamp Notes. The US president is angry with the chair of the Federal Reserve over interest rates. He’s applying a lot of pressure on Jay Powell to lower them or leave his job. The FT’s Claire Jones and Adam Posen, ... Show More
22m 10s
Apr 2025
“Gone If I Want” – Trump SLAMS Fed Chair Powell In SHOCKING Threat To Remove Him
<p>Trump says Fed Chair Jerome Powell’s “termination can’t come fast enough” and doubles down on demanding rate cuts. The PBD Podcast crew unpacks Trump&#39;s strategy, Powell&#39;s calm resistance, and the political need for “good news” before the election.</p> 
8m 3s
Apr 2025
Swamp Notes: The Federal Reserve’s tariff dilemma
<p>US President Donald Trump’s global trade war has made a mess for the Federal Reserve. Despite an encouraging US consumer price index report this week, there are major concerns about the inflationary nature of Trump’s tariffs. Meanwhile, the Fed has cut growth forecasts. And if ... Show More
17m 49s