Welcome to Axis ProRata, a podcast that takes just 10 minutes to get you smarter on the collision of tech business and politics.

I'm Dan Pramak. On today's show, a conservative congressman sues Twitter for defamation and Disney gets even bigger.

But first, the Fed gets political. The Federal Reserve today will wrap up two days of policy meetings, with Chair Jay Powell then making public comments and taking reporter questions.

Expectations are that he will not change interest rates, but those in the room will watch for clues on where he thinks the economy is headed,

and if the Fed will stop selling off all the bonds that it bought during the financial crisis.

But way more interesting than the monetary policy minutia is Powell himself, who's been on a campaign to make the Fed more public and arguably more political.

Here's how Axios, Markets editor Dionne Rubin described it this morning.

Quote, Powell has clearly set his sights on changing the public's perception of the Fed, from a faceless private bank that upholds the interests of corporate America to a source of economic growth that supports job creation.

So this is why you might have seen Powell on a recent episode of 60 Minutes or heard him on NPR's marketplace.

Neither of those things are in line with past Fed chairs, at least outside of times of crisis,

because those folks have generally tried to keep public comments to a minimum,

worried that they are liable to be interpreted to the point of misinterpretation and unintentionally causing economic troubles.

What remains unclear, though, is why Powell has changed course from his predecessors, or more specifically, if he is reacting to pressure from President Trump, who blamed the Fed's interest rate hikes for last year's

stock market swoon, and who has pretty openly indicated some regret at picking Powell in the

first place. If that's what's really happening, it is just another instance of not normal,

becoming normalized in Trump's Washington, D.C. In 15 seconds, we'll go deeper with Axios Markets

editor Dionne Roboan. But first, this. There is more news out there

than ever before, but these days, it's harder than ever to find it and to know what to trust.

Axios AM takes the effort out of getting smart by synthesizing the 10 stories that will drive

the day and telling you why they matter. Subscribe at signup.axios.com. And now, back to the

ProRata podcast. We're joined now by Axios

Markets editor, Dionne Roboen. So, Dion, before getting into Powell specifically, give me a basic

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