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Majority 54

The Feds v. The Fed

Majority 54

Majority 54

News, News Commentary, Politics, Society & Culture

4.76.3K Ratings

🗓️ 15 January 2026

⏱️ 55 minutes

🧾️ Download transcript

Summary

Ravi Gupta and guest host Harry Litman break down the Justice Department’s investigation targeting the Federal Reserve and the legal battle over Fed independence, as administration allies refuse to back down and lawmakers openly acknowledge what the probe is really about. They also examine the looming government shutdown, with nearly 100 House Democrats led by Rep. Ilhan Omar vowing to oppose DHS funding without major ICE reforms, before turning to Minnesota and the fallout from the killing of Renee Nicole Good by an ICE agent, including questions about federal accountability and the resignation of six prosecutors. Plus, they cover Trump’s response to the case, paid pro-ICE influencer campaigns, sweeping immunity claims, updates on Venezuela and Iran, a growing measles outbreak, the “rage economy,” and new data showing a record share of Americans identifying as independents. This and more on the podcast that helps you, the majority of Americans who believe in progress, convince your conservative friends and family to join us—this is Majority 54! Qualia: Take control of your cellular health today. Go to https://qualialife.com/MAJORITY and save 15% to experience the science of feeling younger. Shopify: Sign up for your one-dollar-per-month trial and start selling today at https://shopify.com/majority Cook Unity: Go to https://cookunity.com/MAJORITY54 for 50% off your first order. Thanks to CookUnity for supporting the show! Subscribe to Ravi's Substack: https://realravigupta.substack.com/ For more information visit: https://www.ravimgupta.com/analog Majority 54 on Twitter: https://twitter.com/majority54 Jason on Twitter: https://twitter.com/JasonKander Jason on Instagram: https://www.instagram.com/jasonkander/ Ravi on Twitter: https://twitter.com/RaviMGupta Ravi on Instagram: https://www.instagram.com/ravimgupta Ravi on Youtube: https://www.youtube.com/@LostDebate Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This may be the heaviest news, breaking news week I've ever seen.

0:06.4

We've got about five stories that would lead a show on any normal week.

0:10.4

But what is a normal week?

0:11.4

We're going to talk about Chairman Powell being investigated by the Department of Justice.

0:15.7

We're going to do some follow-on discussion of what happened in Minnesota.

0:19.8

We're going to talk to Venezuela. We're going to talk

0:21.0

Iran. We've got a lot of other things to talk about here today. Welcome back to the podcast

0:26.0

for the 54% of Americans who regularly vote for progress in every election and want to convince

0:30.5

their friends and family members to join our majority. This is majority 54. Jason had the good

0:35.7

sense to be on vacation today. But I have brought in the big guns

0:41.1

here. Harry Lippman is a former U.S. Attorney and Deputy Assistant Attorney General. He teaches

0:46.4

constitutional law and national security law at the University of California, Los Angeles,

0:51.2

School of Law, and the University of California at San Diego Department

0:55.5

of Political Science. He's all over the place. He has the Talking Feds podcast, which I absolutely

1:00.5

love. And we just have a lot of law and illegality to talk about today. Harry, welcome.

1:06.4

Really good to be here. Big Sues to Phil with Jason, who's also on talking feds a fair bit.

1:11.1

So I'm really happy to return and be here for the first time.

1:16.0

Well, he and I are both fake lawyers.

1:17.4

We have JD's, but really don't do any real practicing a law.

1:20.9

But before we go anywhere, let's start with Powell and hear from the man himself who actually, you know,

1:26.6

tries to say relatively private outside of official, you know, Fed, you know, Fed speak, you know, quarterly announcements and whatnot.

1:34.7

But he, he came out with a video that turned some heads this weekend.

...

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