The Federal Reserve Under Siege

The podcast discusses the escalating conflict between President Trump and the Federal Reserve, focusing on Trump's attempt to remove Fed Governor Lisa Cook and his ongoing pressure on Fed Chair Jerome Powell to lower interest rates. It explores the potential ramifications of Trump's actions on the Fed's independence and monetary policy, highlighting the historical context, the roles of key figures, and the potential impact on the U.S. economy. The narrative also covers the allegations against Lisa Cook and the possible reshaping of the Fed board if Trump's efforts are successful, raising concerns about political influence over the central bank's decisions.