4.1 • 4.6K Ratings
🗓️ 17 April 2025
⏱️ 29 minutes
🧾️ Download transcript
On this episode, The Washington Post's Rhonda Colvin, James Hohmann and JM Rieger break down President Trump's broadside at Federal Reserve chair Jerome Powell on Thursday, saying he looks forward to Powell's "termination." The crew explains why Trump wants Powell out as Fed chair – and his long history of targeting the country's central banking system for criticism.
Then, a federal judge said he would launch an investigation into whether Trump officials should face criminal contempt charges for defying his order not to remove Venezuelan migrants from the United States. What would happen if an official actually faced a contempt charge?
Click on a timestamp to play from that location
0:00.0 | Look what happened. Is this crazy? We stand on the verge of the four greatest years in the history. |
0:08.5 | Make America great victory. How can you be against them? |
0:17.3 | Trump is mad. Mad at the courts, mad at the Federal Reserve, and he doesn't seem like he wants to listen to either one of them. |
0:24.8 | Welcome to Sidebar from The Washington Post. I'm Rhonda Colvin here alongside James Holman and Jam Rieger. |
0:31.2 | And today we're going to dive into Trump's feuds with two other parts of the federal government, the Federal Reserve and the courts. |
0:39.8 | So let's start off with the focus of Trump's wrath this morning. Jerome Powell, Chairman of the Federal Reserve. |
0:46.7 | Now, Paul was in front of the Economic Club of Chicago, and he said tariffs are likely to at least |
0:52.3 | temporarily cause inflation. |
0:54.7 | Let's listen to what he had to say. |
0:56.3 | The level of tariff increases announced so far is significantly larger than anticipated, |
1:01.5 | and the same is likely to be true of the economic effects, which will include higher inflation |
1:07.0 | and slower growth. |
1:08.8 | Tariffs are highly likely to generate at least a temporary rise in |
1:12.6 | inflation. The inflationary effects could also be more persistent. Now let's look at how President |
1:19.2 | Trump responded to Paul's remarks. Here's what he put on truth social. He said Jerome Paul is too |
1:25.9 | late Jerome Powell of the Fed, who is always too late and wrong. |
1:30.3 | Yesterday issued a report, which was another and typical complete mess. He goes on to say that |
1:36.6 | Powell should be terminated and that termination cannot come fast enough. So let's start off with |
1:44.1 | the basics. What is the Federal |
1:45.8 | Reserve and why is Trump so angry at Paul's comments? I mean, the Federal Reserve is a very |
1:52.8 | critical institution, at least how the United States is currently structured now economically |
1:57.5 | and politically. It's the central bank to the country and basically controls |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Washington Post, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Washington Post and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.