A New Leader — and a New Showdown — at the Fed
The Daily14 Touko

A New Leader — and a New Showdown — at the Fed

After a year of harassing and threatening Jerome Powell, the chairman of the Federal Reserve, President Trump replaced him on Wednesday.

Colby Smith, who covers the Fed, explains how the president ended one standoff only to create a new one.

Guest: Colby Smith, a New York Times reporter covering the Federal Reserve and the U.S. economy.

Background reading:

Photo: Kenny Holston/The New York Times, Caroline Gutman for The New York Times

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.


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Tuesday, Oct. 10, 2017

Tuesday, Oct. 10, 2017

The Trump administration has rolled back two of President Barack Obama’s signature achievements. The repeal of the Clean Power Plan was billed as the end of a “war on coal.” And the end of a federal r...

10 Loka 201723min

Monday, Oct. 9, 2017

Monday, Oct. 9, 2017

Two months after a white supremacist rally in Charlottesville, Va., turned violent, 200 employees of the American Civil Liberties Union have signed a letter saying that the organization’s “rigid stanc...

9 Loka 201723min

Friday, Oct. 6, 2017

Friday, Oct. 6, 2017

A New York Times investigation has found three decades of sexual harassment allegations against the Hollywood producer Harvey Weinstein. In response to that reporting, Mr. Weinstein released the follo...

6 Loka 201723min

Thursday, Oct. 5, 2017

Thursday, Oct. 5, 2017

At least 12 of the weapons found in the hotel suite used by the gunman who killed 58 people in Las Vegas on Sunday had been modified. He used a device called a bump stock, which enables a semiautomati...

5 Loka 201721min

Wednesday, Oct. 4, 2017

Wednesday, Oct. 4, 2017

Every mass shooting in the United States is inevitably followed by a call for gun control, but major legislation never passes. We look at how the National Rifle Association became a powerful lobbying ...

4 Loka 201730min

Tuesday, Oct. 3, 2017

Tuesday, Oct. 3, 2017

A lone gunman booked a suite at a Las Vegas hotel, took aim at a crowd below and committed one of the deadliest mass shootings in American history. At least 59 people are dead, and more than 500 wound...

3 Loka 201723min

Monday, Oct. 2, 2017

Monday, Oct. 2, 2017

Across the United States, the case could be made that American voters are not choosing their representatives so much as representatives are choosing their voters. As the Supreme Court opens a new sess...

2 Loka 201722min

Friday, Sept. 29, 2017

Friday, Sept. 29, 2017

If you are found to be guilty of murder and sane, you could spend 25 years in prison. But if you are found not guilty by reason of insanity, you could be confined to an institution for 587 years. Invo...

29 Syys 201728min

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