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The Muckrake Political Podcast

Powell To The People

The Muckrake Political Podcast

CLNS Media Network

News, Politics

4.6530 Ratings

🗓️ 13 January 2026

⏱️ 45 minutes

🧾️ Download transcript

Summary

Jared Yates Sexton and Nick Hauselman take on the Department of Justice opening an investigation into Federal Reserve Chair Jerome Powell, a move they argue has nothing to do with accountability and everything to do with pressure and punishment. They break down how Trump’s long campaign against the Fed fits into a larger effort to control interest rates, bend institutions to his will, and reshape the economy around the needs of himself and his allies, regardless of the consequences for everyone else. From there, they connect it to what’s happening in the streets, the expanding role of ICE, the escalation following the killing of René Nicole Good, and the way intimidation, propaganda, and selective enforcement are becoming standard operating procedure. It’s a conversation about power, fear, and what happens when the people at the top decide that stability, norms, and even basic rights are expendable. Support the show by signing up to our Patreon and get access to the full Weekender episode each Friday as well as special Live Shows and access to our community discord: http://patreon.com/muckrakepodcast

Transcript

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0:00.0

Hey everybody. Welcome to the McCray podcast. I'm J.D. It's sexton. Here with my friend, my co-conspirator, my compatriot, Nick Houseman. How you doing, bud? I'm good. I'm trying to figure out how I could become somebody who harasses ICE on the streets with the, that, I want to do that. I'm ready. Get you the whistle? Whistle? There's got to be a way to, I don't know, I guess we can't talk about it publicly, but I have...

0:23.4

Yeah, we probably need whistle whistle um there's got to be a way to i don't know i guess we can't talk about it publicly

0:22.6

but i have yeah yeah we probably need to keep strategizing off the air yeah but i i have ideas i

0:29.8

don't know there's got to be ways that that are like legal or you know are not going to injure

0:34.3

anybody that can thwart what's going on. Think banana in a tailpipe, Jared.

0:39.4

That's what I'm...

0:40.2

Luckily, these motherfuckers are cowards.

0:43.5

Yeah.

0:43.8

And we're seeing a lot more evidence of that around the country.

0:49.3

We will talk more about ice and, of course, the aftermath of what happened in Minneapolis

0:53.1

here in just a second. A reminder to everybody, we are not corporate backed. We don't have ads. We are independent

0:59.7

media and we need your help. Head over to patreon.com slash my Craig podcast in order to gain

1:04.7

full access to the weekender on Fridays as well as specials, our community, and also to support

1:10.5

the podcast.

1:11.5

That's patreon.com slash McCrigg podcast.

1:14.2

Nick, before we get into ICE, we need to get into a new development, which is disturbing in its own way.

1:22.9

It has been revealed this weekend that the Department of Justice has opened an investigation into

1:29.9

Federal Reserve Chair Jerome Powell following a supposed, I don't even want to call it a

1:38.4

controversy. They're cooking this whole thing up. Renovations of the Fed's offices and testimony from Powell in June.

1:46.9

Powell, to his credit, has released a statement regarding what he sees, and I think everybody

1:54.3

else sees as targeted harassment and using of state power as Donald Trump tries to rest him out of leadership of the Fed.

2:04.5

Here is Jerome Powell commenting on this new tactic.

...

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