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The Jim Acosta Show

David Frum on Trump's disastrous tariff policy and Tara Setmayer on FSU mass shooting.

The Jim Acosta Show

Jim Acosta

News, Politics

4.9634 Ratings

🗓️ 17 April 2025

⏱️ 60 minutes

🧾️ Download transcript

Summary

Thank you Dean Blundell, Tara Setmayer, Rebecca Gummere, Abby Marin, Amy McGrath, and many others for tuning into my live video with David Frum and Tara Setmayer! Join me for my next live video in the app.



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jimacosta.substack.com/subscribe

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome, everybody, to the Jim Acosta show. It is Thursday, April 17th. As you can see, on screen

0:05.9

with me right now, is the one and only David from with the Atlantic. And of a new podcast, I

0:12.1

understand, David, is that correct? It's now two weeks. We've had two issues or two editions out,

0:18.7

an interview with Rahm Emanuel and some comments I make there. And then

0:22.1

just Wednesday, we released a discussion with Ontario Premier Doug Ford, and it drops every

0:27.9

Wednesday. And I know you've been really focused on Trump's tariff policy, which has obviously

0:34.6

been wreaking havoc. And just today in the New York Times, they're reporting that a day after the Japanese delegation

0:40.8

met directly with Trump, it is Italy's turn with the arrival at the White House of one of

0:45.8

the few European leaders Trump actually likes.

0:48.9

This is Prime Minister Georgia Maloney, whose conservative board nationalist views, the New York

0:53.6

Times says should be in the

0:55.0

minds of many in the administration a model for the rest of Europe. Who knows whether any of that

0:59.4

is going to shield Italian products from all kinds of tariffs? But I know that David, you wrote in

1:05.6

the Atlantic today, can the U.S. President fire the chairman of the Federal Reserve because he does

1:10.2

not like the job

1:11.0

the chairman is doing? Once upon a time the answer was a well-understood no, David writes. The Federal

1:16.2

Reserve was created by Congress. The founding statute guaranteed the Fed's independence. Chairman

1:21.2

Jerome Powell repeated that conventional answer at the Economic Club of Chicago only yesterday. The chairman

1:26.7

cannot be removed for policy

1:28.3

reasons. But it seems like Trump's going to try to have his way anyway and bully him out of there.

1:33.6

What do you think? Well, the article goes on to say, look, we all believe that the chairman is

1:38.7

irremovable by the president for policy reasons. But we used to believe that the director of the

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