Trump v The Federal Reserve Chair
What A Day17 Jul 2025

Trump v The Federal Reserve Chair

President Donald Trump spent Wednesday refuting reports he plans to imminently fire Federal Reserve Chairman Jerome Powell. The president has been complaining about him for months, accusing Powell of unnecessarily keeping interest rates high. But Trump’s frustrations seemed to reach a new peak this week amid reports he had a letter drafted to oust the man he appointed to the job back in 2017, then asked a group of House Republicans whether he should do it. Firing Powell would undermine the Federal Reserve’s independence. It’s also potentially illegal. Bloomberg Senior Editor and friend of the pod Stacey Vanek Smith stops by to talk about interest rates, inflation risks, and Trump’s very focused campaign of loathing against Powell.

And in headlines: Vice President J.D. Vance hit the road to put some proverbial lipstick on Trump’s pig of a new tax and spending law, the Trump administration deported five migrants to the small African nation of Eswatini, and the senior vice president of PBS Kids says the network will have to scale back new programing if Congress lets Trump claw back funding.

Show Notes:

Episoder(1558)

Trump's Never-Ending Enemies List

Trump's Never-Ending Enemies List

Former special counsel Jack Smith testified before the House Judiciary Committee on Thursday about the steps President Donald Trump and his allies took to overturn the 2020 election and to foment the ...

23 Jan 23min

Trump: Bigly Unpopular

Trump: Bigly Unpopular

After meeting with NATO allies in Davos, Switzerland, President Donald Trump took to Truth Social to announce “the framework of a future deal with respect to Greenland and, in fact, the entire Arctic ...

22 Jan 22min

Why Greenland Keeps Rejecting America's Advances

Why Greenland Keeps Rejecting America's Advances

President Donald Trump’s obsession with Greenland isn’t new. Back in 2019, he made an offer to buy the island, but was told by Denmark and Greenland that it was not for sale. It still isn’t – as Denma...

21 Jan 23min

Will Claude Code Change Everything?

Will Claude Code Change Everything?

Today marks a year since President Donald Trump took office for a second time, and a lot has happened. Amidst all the threats to take over Greenland, the Liberation Day tariffs, and the crackdown on e...

20 Jan 25min

A Brief History of ICE

A Brief History of ICE

Immigration and Customs Enforcement isn't some storied government agency from the 19th century. ICE was invented back in 2003 — but now it has a multi-billion-dollar budget and many officers who are u...

19 Jan 23min

How We Got Here: The MAGA New Right

How We Got Here: The MAGA New Right

President Trump is declining in popularity with voters, but his rhetoric and that of the Trump Administration is only growing more extreme. But to understand how we got here, in this place, we have to...

16 Jan 26min

Can Minnesota Deport ICE?

Can Minnesota Deport ICE?

The great city of Minneapolis is under siege by Immigration and Customs Enforcement, and we have all seen the videos to prove it… which may be why the popularity of ICE has dropped like a rock over th...

15 Jan 21min

Iran, Greenland, And Trump's Ego

Iran, Greenland, And Trump's Ego

In Iran, weeks of protests against the ruling regime have resulted in the deaths of thousands of protestors at the hands of the government. The Trump Administration has voiced its full-throated suppor...

14 Jan 24min

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