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The Indicator from Planet Money

Trump's cuts come for food banks

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 5 May 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. On today's episode, we shine a spotlight on a Midwest food bank.

Related episodes:
Why Midwest crop farmers are having a logistics problem (Apple / Spotify)
How many times can you say uncertainty in one economic report? (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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Transcript

Click on a timestamp to play from that location

0:00.0

NPR.

0:02.0

Wailin, I have a confession to make.

0:14.7

I almost missed the publication of the beige book.

0:17.6

Oh, well, Robert, you are in the circle of trust here, so you can tell us what

0:21.7

happened. So I normally have the beige book on my calendar. I set aside the whole day to read

0:26.4

the report, brew a pot of tea. I make a whole thing out of it. But there has been so much economic

0:30.9

news lately. Tariffs on, tariffs off, stock market red, stock market green, that I somehow overlooked

0:37.4

that the Federal Reserve

0:38.8

had put out its most recent report of economic conditions across the United States.

0:43.3

It's like everything in life, right? The loud, bright things grab your attention. But the

0:48.5

beige, it's quietly waiting for you when you need it. You could almost say that it deserves an award.

0:58.7

It's the Bezzi Awards. Our eight times a year salute to the art and science of telling stories

1:05.0

about the economy. I'm Robert Smith. And I'm Waylon Wong. It may not flash red or green, but the

1:10.5

beige book abides. On this edition of the Bezhi Awards, we find that just as the U.S. is warming into springtime, an economic freeze is falling over the land.

1:21.1

Bundle up. Baby, it's cold outside. After the break.

1:27.9

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1:30.5

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1:32.4

Red tape, endless adoption time, IT bottlenecks.

1:35.9

And after all that, nobody really uses them.

1:38.5

But what if you didn't hate your work platform?

1:41.1

What if you actually loved it?

1:42.8

Monday.com work management platform is different.

...

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