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Stay Tuned with Preet

Can Trump Say "You're Fired" to the Fed Chair? (with Sarah Binder)

Stay Tuned with Preet

Vox Media Podcast Network

Society & Culture, Politics, Government, News

4.832.3K Ratings

🗓️ 18 November 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

With Donald Trump soon to be sworn in as the 47th president, he’s made clear he wants to shake up Washington — including possibly firing Federal Reserve Chair Jerome Powell.  Political scientist Sarah Binder joins Preet to discuss whether a president has the legal authority to fire the Fed chair and how it could impact the economy. For show notes and a transcript of the episode head to: https://cafe.com/stay-tuned/fire-the-fed-chair/ Have a question for Preet? Ask @PreetBharara on Threads, or Twitter with the hashtag #AskPreet. Email us at [email protected], or call 669-247-7338 to leave a voicemail. Stay Tuned with Preet is brought to you by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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1:04.1

From Cafe and the Vox Media Podcast Network,

1:07.6

this is stay tuned in brief.

1:10.2

I'm Preet Bharara. With Donald Trump soon to be sworn in as

1:13.8

the 47th president, he's made clear he wants to shake up Washington, including possibly firing

1:20.2

Federal Reserve Chair Jerome Powell. But does he actually have the legal authority to do that?

1:25.8

Powell says Trump doesn't.

1:33.0

To help us understand this looming standoff, I'm joined by political scientist Sarah Binder,

1:37.6

co-author of The Myth of Independence, How Congress Governs the Federal Reserve.

1:39.0

Sarah, welcome to the show.

...

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