episode-header-image

Aug 2025

9m 19s

Trump's unprecedented attack on the Fed

About this episode

Up next

Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year!

2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year? Our hosts from Planet Money and ... Show More

Catching up with a fired federal worker, a shrimper and a fraudster

After a firehose of economic news in 2025, we wanted to check back on some of the people we’ve heard from on our show. Today, we check in with a former federal employee caught in the Trump administration's wood chipper, a Louisiana shrimper on Trump’s tariffs and an update on a f ... Show More

The ghosts of Obamacare past, present and future

Absent a holiday miracle, premium subsidies for the Affordable Care Act are set to expire at the end of this year. This will greatly increase the cost of health insurance for many who rely on the marketplace for their coverage. Today on the show, we are visited by the ghosts of O ... Show More

Recommended Episodes

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

Instant Reaction: Trump Moves to Fire Fed's Lisa Cook

President Donald Trump moved to oust Federal Reserve Governor Lisa Cook from her post at the US central bank in the wake of allegations from a White House ally that she falsified documents on mortgage applications. “The American people must be able to have full confidence in the ... Show More

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

Unhedged: The Fed under attack

This week we're sharing an episode from, Unhedged, another podcast from the FT network.The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instead, it was overshadowed by personal and political attacks on US Federal Reserve b ... Show More

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

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

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

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