logo
episode-header-image
Aug 26
27m 53s

Trump sacks Federal Reserve Governor

Bbc World Service
About this episode

Donald Trump has ordered the removal of a Federal Reserve governor, as he steps up attempts to exert control over the US central bank. Mr Trump accused Lisa Cook of making false statements on mortgage agreements. Ms Cook said the president had no authority to remove her from her post and promised to keep carrying out her duties. Also: a day of national protest in Israel, called by the families of hostages held in Gaza; Africa's reliance on imported fossil fuels could be on the verge of a transition as a record number of solar panels were imported by countries on the continent; and the legendary Zimbabwean musician Thomas Mapfumo is retiring after a remarkable career that spanned more than five decades.

The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk

Up next
Today
Trump threatens additional 100% tariff on China
President Trump has said he will impose additional 100% import tariffs on Chinese goods by next month, and put export controls on any and all critical software. He said this was in response to China placing new restrictions on exports of crucial rare earth minerals. The news led ... Show More
25m 54s
Yesterday
Gazans return to ruined homes after ceasefire
Tens of thousands of Gazans make the long walk back to where they once lived after a ceasefire comes into force. Meanwhile, families in Israel wait for the return of the last remaining hostages held by Hamas. The Nobel Peace Prize is awarded to Venezuela's opposition leader, Marí ... Show More
30m 48s
Oct 9
Gaza ceasefire and hostage release agreed
A landmark agreement has been reached by Israel and Hamas for a ceasefire in Gaza and the release of all the remaining hostages. The deal is expected to come into force later on Thursday, after being ratified by the Israeli government, and would include the release of around two ... Show More
28m 38s
Recommended Episodes
Aug 7
Trump Names Miran to Fill Seat on Federal Reserve Board
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he had chosen Council of Economic Advisers Chairman Stephen Miran to serve as a Federal Reserve governor.“He has been with me from the beginning of my Second Term, and ... Show More
37m 48s
Aug 26
Trump Pushes the Fed Into Uncharted Territory
A.M. Edition for Aug 26. President Trump says he’s removing Federal Reserve governor Lisa Cook, escalating his campaign against the central bank. The WSJ’s Alex Frangos helps us make sense of whether he actually has the authority to fire Cook, and what this means for the Fed’s in ... Show More
14m 10s
Aug 27
Trump’s Takeover of the Fed
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.Ben Casselman, chief economics correspondent for The New York Times, discusses why Mr. Trump’s route to controlling ... Show More
27m 24s
Aug 20
Trump Considers Firing Fed Official After Allegation of Mortgage Fraud
P.M. Edition for Aug. 20. The president called on Federal Reserve governor Lisa Cook to resign after a housing official alleged she submitted what he called fraudulent information. Economics reporter Matt Grossman discusses how the accusations represent the latest escalation of t ... Show More
14m 5s
Apr 2025
Can Trump Force Zelensky To Do A Deal?
Today, Donald Trump took to Truth Social to accuse Zelensky of harming Ukraine peace negotiations following the Ukrainian president telling a news conference he would not recognise Crimea as Russian.Adam is joined by James Landale, diplomatic correspondent, and Sumi Somaskanda, B ... Show More
37m 6s
Jan 2025
The Fed ignores Trump’s calls to cut rates
Big Tech earnings season is in full swing, the US Federal Reserve held interest rates steady despite pressure from President Donald Trump, and Syria’s new government pressed Moscow about reparations. Plus, activist short-selling is on the decline.  Mentioned in this podcast:Meta’ ... Show More
10m 38s
Jan 2025
Trump aid freeze, India stampede, immigration raids and Congo violence
A federal judge has paused President Donald Trump's attempt to freeze hundreds of billions of dollars in federal aid, minutes before it was due to take effect. At least seven people have died after a stampede at the Maha Kumbh Mela festival in northern India. Trump's top homeland ... Show More
12m 46s
Aug 29
Trump Moves to Cut Billions in Foreign Aid, Bypassing Congress
Plus: U.S. inflation persisted above the Fed’s target in July. President Trump revokes Kamala Harris’s Secret Service protection. Alex Ossola hosts.Sign up for WSJ’s free What’s News newsletter.An artificial-intelligence tool assisted in the making of this episode by creating sum ... Show More
2m 41s
Feb 2025
Trump Says Putin Agrees to Talks to End Ukraine War
P.M. Edition for Feb. 12. President Trump says he and Russian leader Vladimir Putin have agreed to open immediate talks to end the war in Ukraine. WSJ national security correspondent Nancy Youssef discusses what we know about the shifting U.S. stance. Plus, inflation in January w ... Show More
12m 5s
Feb 2025
Trump calls Russia and Ukraine, inflation, and Modi’s offers
President Donald Trump has discussed ending the war with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy in separate phone calls. U.S. consumer pricesincreased by the most in nearly one and a half years in January, reinforcing the Fed’s message that i ... Show More
12m 26s