Bring in show music, please.

This is Squawk Pod, and I'm CNBC producer Cameron Costa.

On today's episode, deadly protests in Iran and a potential attack from the U.S.

Dan C.Nor of the Call Me Back podcast on the high stakes in the region.

The lives that will be changed if the regime falls in Iran is extraordinary.

You're talking about tens of millions of people's lives.

And the president versus the Federal Reserve,

the latest in President Trump's quest to replace current chair Jay Powell

and have a greater say in the work of the central bank.

A couple of years ago, if you were riding in an Uber or a cab, and you said you think

the Fed should stay independent, they'd say, what Fed?

Are fed?

Now, I'm sure people have an opinion.

Our Steve Leasman walks us through the numbers behind the debate.

It's policy in context.

When did you want the Fed to reverse course in the middle of the pandemic?

And we talked to a voting member of the Fed's key rate setting committee, Chicago Fed President

Austin Goolsby.

We've been five years fighting to get inflation on a path back to 2 percent.

And we've made some progress, but we need that.

And if we get that, I think rates can come down.

Plus how the criminal investigation into Fed Chair Jay Powell plays into all of it.

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