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(1570)

Streets Of Minneapolis

Streets Of Minneapolis

Minneapolis is still under ICE’s thumb — and contrary to the Trump Administration and some media reports, ICE has not “de-escalated” in the Twin Cities. Multiple media outlets have reported no real ch...

29 Jan 26min

The Sunshine State Strategy

The Sunshine State Strategy

U.S. Secretary of State and National Security Adviser Marco Rubio is expected to publicly testify Wednesday about what exactly the U.S. has planned for Venezuela. But the next potential target of the ...

28 Jan 27min

Mayhem In Minneapolis

Mayhem In Minneapolis

There’s a massive funding package making its way through Congress this week. It includes funding for the Department of Homeland Security, including Immigration and Customs Enforcement and Border Patro...

27 Jan 28min

Joining ICE Is Much Easier Than You Think

Joining ICE Is Much Easier Than You Think

On Saturday, Alex Pretti – a 37-year-old registered nurse at the Veterans Affairs hospital in Minneapolis – was shot and killed by Border Patrol agents. It’s the third shooting in three weeks by feder...

26 Jan 25min

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

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