Fed alert: can Trump fire a governor?
The Intelligence from The Economist
The Economist
4.6 • 3.6K Ratings
🗓️ 27 August 2025
⏱️ 23 minutes
🧾️ Download transcript
Summary
What does Donald Trump’s attempt to sack Lisa Cook, a Federal Reserve governor, mean for the institution’s independence? Uruguay may soon legalise assisted dying. And why shooting clubs – and other community associations – are thriving in Germany.
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Transcript
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| 0:00.0 | The Economist. |
| 0:10.3 | Hello and welcome to the intelligence from The Economist. |
| 0:14.1 | I'm your host, Rosie Bloor. |
| 0:16.0 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 0:25.5 | Thank you. Today, we provide a fresh perspective on the events shaping your world. Uruguay has a long history of liberalism. |
| 0:28.3 | It was one of the first countries in Latin America to allow abortion and also same-sex marriage. |
| 0:33.8 | Marijuana is fully legalized too. |
| 0:36.4 | Now a bill is up for review on assisted dying. |
| 0:40.3 | And shooting clubs in parts of Germany go back to the Middle Ages. |
| 0:45.3 | They were originally militias formed to protect villages. |
| 0:48.3 | These days they're one of the many types of community club that are thriving in the country. |
| 0:53.3 | Our correspondent took a shot and went along. |
| 1:01.6 | But first... |
| 1:06.7 | Donald Trump has made no secret of wanting interest rates to come down. |
| 1:15.4 | For months, he's berated the Federal Reserve for dithering. |
| 1:19.7 | We have a guy in there that with a stroke of a pen could lower interest rates |
| 1:24.8 | and save us hundreds of billions of dollars a year. |
| 1:28.3 | But he's a stupid person. |
| 1:30.3 | In July, the president toyed with firing Fed chair Jerome Powell and then backed off. |
| 1:36.3 | Now, another member of the Fed is in his sights. |
| 1:39.3 | Lisa Cook is a governor on the Federal Reserve's board. |
| 1:45.2 | She was appointed in 2022 by Joe Biden |
... |
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