Trump's Attacks On Federal Reserve's Powell Could Bring Economic Pain

The NPR Politics Podcast

NPR

Politics, Daily News, News

4.5 • 24.9K Ratings

🗓️ 24 July 2025

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump's attacks on Federal Reserve Chairman Jerome Powell have been relentless. We discuss what it would mean if the United States no longer has a politically independent Federal Reserve. We also dive into the potential effects of looming tariffs.

This episode: political correspondent Sarah McCammon, finance correspondent Maria Aspan, and senior national political correspondent Mara Liasson.

This podcast was produced by Bria Suggs and edited by Rachel Baye. Our executive producer is Muthoni Muturi.

Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.

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Transcript

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0:00.0	Support for NPR comes from NPR member stations and Eric and Wendy Schmidt through the Schmidt Family Foundation,
0:07.4	working toward a healthy, resilient, secure world for all.
0:11.5	On the web at theshmit.org.
0:14.6	Support for NPR and the following message come from Yarl and Pamela Mohn,
0:19.0	thanking the people who make public radio great every day,
0:22.5	and also those who listen.
0:25.3	Hello, this is Jennifer in North Hollywood, California, and I have just gotten back from the annual
0:30.8	farm wedding held at my eight-year-old daughter's camp. Each year for this week, all of the campers plan, produce, and execute
0:39.6	a full wedding between two of the camp's farm animals, everything from invitations,
0:45.8	decorations, musical performances, and of course, the ceremony. This podcast was recorded at
0:51.9	106 p.m. Eastern Time on Thursday, July 24th, 2025.
0:56.4	Things may have changed by the time you hear this, but love is forever for two guinea pigs named espresso and caramel macchiato.
1:04.6	Best wishes to the newlyweds.
1:10.7	Wow. Wow.
1:13.2	That, you know, I don't even know what to say about that.
1:15.4	Like, do they apply for this honor? Is it an arranged wedding?
1:18.9	Can a guinea pig marry a donkey?
1:20.9	I don't know. So many questions.
1:23.7	Hey there, it's the NPR Politics Podcast. I'm Sarah McCam and I cover politics.
1:27.5	I'm Mara Li and I cover politics.
1:31.0	I'm Mara Liason, senior national political correspondent.
1:35.8	We also have NPR finance correspondent, Maria Aspen, joining us. Hi, Maria.
	...

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