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 the Fed passes through the governor, an economics professor named Lisa Cook.
Yesterday
Trump’s Investigator Breaks His Silence
Three years after his appointment as special counsel, Jack Smith finally delivered the legal argument against President Trump on Thursday that he was never allowed to make in court.Glenn Thrush, who reports on the Justice Department, explains what Mr. Smith told Congress and why ... Show More
33m 46s
Jan 21
On the Front Line of Minnesota’s Fight With ICE
For weeks, protests around Minneapolis have caught nationwide attention as the city shows open defiance to a federal immigration crackdown.But behind the scenes, a quieter organized resistance has taken shape.Anna Foley and Michael Simon Johnson, producers for “The “Daily,” go on ... Show More
34m 22s
Jan 2025
How Trump’s Federal-Aid Fiasco Is Testing the Separation of Power
<p>On Tuesday, the Trump Administration sent out a memo attempting to put a blanket pause on most federal funding, sowing confusion about financing for student loans, SNAP benefits, nonprofits, and more. The next day, after a backlash, the Administration rescinded the memo, whil ... Show More
29m 34s
Apr 2025
Trump's First 100 Days: Project 2025 & Its Influence
The Heritage Foundation's "blueprint" for a new Republican administration got a lot of attention during the 2024 presidential campaign. While candidate Donald Trump said he "had never read" the document, President Trump has incorporated many of its policies, and authors, into his ... Show More
15m 3s
Sep 2025
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