Trump shifts power from shareholders to bosses
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 17 September 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
The UK and US are set to announce deeper co-operation on digital assets such as cryptocurrencies, a UN commission concluded that Israel has committed genocide against Palestinians in Gaza, and Mario Draghi has warned that the EU’s economic competitiveness is on the retreat due to “inaction” by Brussels. Plus, Donald Trump’s administration is shifting the balance of power from shareholders to company bosses.
Mentioned in this podcast:
UK set to announce closer co-operation with US on cryptocurrencies
Israel launches ground invasion of Gaza City
EU economy falls behind global rivals due to ‘complacency’, warns Mario Draghi
Donald Trump tilts balance of power from investors to CEOs
Today’s FT News Briefing was produced by Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry and Michael Lello. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | For over 40 years, Equinoor has been an energy partner to the UK. |
| 0:04.1 | During that time, we've played our part in the switch from coal to gas, |
| 0:07.1 | and we're working hard to help the UK's energy transition. |
| 0:10.1 | We may not have all the answers yet, but we're determined to find them. |
| 0:13.5 | Equinor, an energy company, searching for better. |
| 0:16.9 | 99.6% of Equinor's energy output is oil and gas. |
| 0:20.5 | Our investment in renewables and low-carbon |
| 0:22.4 | solutions has increased from 4% in 2020 to 27% in 2024. Find out more at equinor.com. |
| 0:32.1 | Good morning from the Financial Times. Today is Wednesday, September 17th, and this is your FT News briefing. |
| 0:38.4 | The UK and US are getting buddy-buddy over crypto, and Israel's begun its ground invasion into Gaza City. |
| 0:46.4 | Plus, we'll explain how the Trump administration is shifting power away from investors and towards CEOs. |
| 0:53.4 | Well, there's a feeling, actually, that the balance has shifted too far in recent years in the wrong direction. |
| 0:59.9 | I'm Mark Filipino, and here's the news you need to start your day. |
| 1:10.5 | The U.S. and UK are set to announce closer cooperation on digital assets. |
| 1:15.7 | That's according to people familiar with the matter. |
| 1:17.9 | The idea is to get on the same page when it comes to cryptocurrency regulations. |
| 1:22.4 | UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Besant discussed all this during a meeting on Tuesday. |
| 1:29.0 | U.S. President Donald Trump is in the United Kingdom this week. |
| 1:32.2 | There was mounting pressure ahead of the visit from crypto groups to include digital assets and blockchain in the deal. |
| 1:38.3 | The Trump administration is embracing digital assets. |
| 1:41.3 | British regulators, meanwhile, have taken a more cautious approach. |
| 1:50.7 | Israel began its offensive on Gaza City yesterday. On the same day, a UN commission declared that |
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