The Federal Reserve Under Siege
from The Journal.
by The Wall Street Journal & Spotify Studios
Published: Tue Aug 26 2025
Show Notes
After months of demands for lower interest rates, President Donald Trump is attemptingto fire Federal Reserve governor Lisa Cook in the most dramatic step yet in his efforts to take control of the independent central bank. As WSJ’s Matt Grossman explains, the move could allow Trump to alter the makeup of the board enough to potentially outvote Fed Chair Jerome Powell and recast the Fed in his image. Jessica Mendoza hosts.
Further Listening:
- Who Will Be the Next Fed Chair? Maybe Kevin
- Why Trump Pushed His Tariff Deadline
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