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The Dispatch Podcast

Investigating Jerome Powell

The Dispatch Podcast

The Dispatch

News, Politics

4.6 • 3.3K Ratings

🗓️ 13 January 2026

⏱️ 74 minutes

🧾️ Download transcript

Summary

Steve Hayes invites Michael Warren, John McCormack, and James Sutton on the podcast to discuss the Department of Justice's investigation of Federal Reserve Chair Jerome Powell, how President Trump's tariffs are affecting interest rates, and the deadly protests in Iran. The Agenda:—Jerome Powell investigation—The fallout of Trump's economic policies—Trump’s approval numbers fall over immigration—GOP messaging and midterm possibilities—Iran’s deadly protests: Is this different?—NWYT: predicting the National Champion—Introducing Dispatch Culture Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The Dispatch podcast is presented by Pacific Legal Foundation, suing the government since

0:04.7

1973.

0:06.6

Welcome to the dispatch podcast. I'm Steve Hayes. On today's roundtable, we'll discuss

0:11.3

the newly announced investigation into Federal Reserve Chairman Jerome Powell.

0:16.3

We'll also look back at the Minnesota shooting, discuss the Iran protests, and not worth your time,

0:24.7

spend a moment on the national championship for college football.

0:28.9

Stick around for my discussion with Valerie Pavlona, our ideas editor, about the launch of

0:34.0

Dispatch Culture newsletter.

0:38.7

AI is incredible.

0:40.7

It can teach you how to fry an egg and even write a poem, pirate style.

0:45.6

But it knows nothing about your work.

0:49.5

Slackbot is different.

0:50.9

It doesn't just know the facts.

0:52.8

It knows your schedule.

1:24.4

It can turn a brainstorm into a brief. And it doesn't need to be taught. Because Slackbot isn't just another AI. It's AI that knows your work as well as you do. Visit Slack.com forward slash meet Slackbot to learn more. Joining me today for the roundtable are James Sutton, John McCormick, and Michael Warren, all dispatch colleagues.

1:32.3

Welcome, everyone. I want to start today by taking, if I can, a big picture look at the kinds of things that have been happening in the country and in the world over the past couple of weeks.

1:46.6

And I'm going to borrow for the domestic part of this from our old friend Irwin Stelzer,

1:53.4

who writes a terrific newsletter. And he starts his newsletter this way. It's been a busy week

1:59.1

for the president as he overcame his

2:00.8

reluctance to interfere in capitalism's market system. He decided that $50 per barrel is the right

2:07.4

price for crude oil and we use his control of Venezuela's oil industry to drive prices down.

2:13.6

He decided that 10% is the most Americans should be forced to pay on their credit card.

...

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