Trump v The Central Bank

Newscast

BBC

Politics, News

4.4 • 6.4K Ratings

🗓️ 28 August 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, we discuss the US Federal Reserve governor Lisa Cook suing President Donald Trump after he attempted to fire her.

President Trump claims she made false statements on her mortgage, and says he has the authority to remove her. Cook has said there is "no cause exists under the law" to sack her. At the same time Trump is in another public dispute with the director of the US Centers for Disease Control and Prevention. How will both battles end? Adam speaks to BBC chief presenter Caitriona Perry in Washington.

Adam is also joined by Ed Davey, leader of the Liberal Democrats who is boycotting President Trump’s UK state banquet in protest of Trump and Keir Starmer’s position on the escalating situation in Gaza.

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New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Jack Maclaren with Anna Harris and Shiler Mahmoudi. The social producer was Sophie Millward. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.

Transcript

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0:00.0	BBC Sounds, music, radio, podcasts.
0:04.8	Now, that slightly out of breath breathing you can hear is Katrina Perry,
0:08.1	who's just run from one podcasting studio to this one.
0:11.6	From pod to pods.
0:13.0	That's how it is at the BBC these days.
0:14.9	This is like an ASMR video of you wandering around the Washington office.
0:20.7	Are you going to be coming over for Donald
0:23.4	Trump's state visit in September? I don't know that as yet. We're still kind of deciding
0:30.4	who's doing what here. But my gosh, that feels like a lifetime away. The case of everything
0:36.8	that's happening here. And we will talk about
0:39.5	that in detail at the start of this podcast. But the reason I was asking is because later on we're
0:43.9	going to be chatting to the Lib Dem leader, Sir Ed Davy, who says he is going to boycott the state
0:48.5	banquet, which I can't imagine is huge news in America, but is making ripples here. It hasn't been
0:53.8	mentioned at all here. I can tell you that. Okay, well, hopefully Davey isn't listening to this bit of newscast. Right, let's get on with the episode. Newscast. Newscast from the BBC. Fat boy sliver me in the classroom doing our violin lessons. I was the tattletail in the class. Can I have an apology, please? I trust almost nobody. That daddy has to sometimes do strong language. Next time in Moscow. I feel delulu with no salulu. Take me down to Downey Street. Let's go have a tour. Blimey. Hello, it's Adam in the newscast studio, and there's loads of things happening stateside, so we thought we would rope in Katrina Perry to come and talk to us because she's just been recording an episode of the other podcast she does in Washington,
1:31.2	the president's path. So welcome to, what would we call this, Britain's path. Well, thank you for
1:37.4	the plug. It's excellent. Everyone should listen to it in addition to newscast.
1:41.8	Exactly. Probably covering some of the same subjects today,
1:44.3	but also maybe we'd start more from beginners,
1:47.0	start here with some of the subjects we're doing today, Katrina.
1:49.3	So there's one theme that covers two stories,
1:53.0	which is the Trump administration intervening
1:56.3	in kind of more like HR issues
	...

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