Why the Federal Reserve Investigation Should Concern You | MiniPod
Native Land Pod
iHeartPodcasts and Reasoned Choice
4.8 • 3.5K Ratings
🗓️ 16 January 2026
⏱️ 24 minutes
🧾️ Download transcript
Summary
On this MiniPod, our hosts Angela Rye, Andrew Gillum, and Bakari Sellers are STUNNED by what Fed Chair Jerome Powell did.
The chair of the Federal Reserve, which sets our nationwide interest rates, is under investigation by the Trump administration. A stalwart bureaucrat, Jerome Powell made a rare public statement about the investigation, claiming that it’s politically motivated, and an attack on the independence of the Federal Reserve.
Let’s back it up, what does the Federal Reserve do again? Why is their independence important, and why are our hosts so SHOCKED by Jerome Powell’s statement?
Read more:
https://www.nytimes.com/2026/01/14/business/economy/housing-pulte-fannie-freddie.html
https://www.axios.com/2026/01/14/trump-mortgages-credit-cards-rates
If you’d like to submit a question, check out our tutorial video: http://www.instagram.com/reel/C5j_oBXLIg0/ and send to @nativelandpod.
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Native Land Pod is brought to you by Reasoned Choice Media.
Thank you to the Native Land Pod team:
Angela Rye as host, executive producer, and cofounder of Reasoned Choice Media; Andrew Gillum as host and producer, Bakari Sellers as host and producer, and Lauren Hansen as executive producer; LoLo Mychael is our research producer, and Nikolas Harter is our editor and producer. Special thanks to Chris Morrow and Lenard McKelvey, co-founders of Reasoned Choice Media.
Theme music created by Daniel Laurent.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:04.3 | Native Lamb Pod is a production of IHeart Radio in partnership with Reason Choice Media. |
| 0:09.9 | Welcome, welcome, welcome, welcome, welcome. |
| 0:13.1 | And welcome to this week's mini pod after a great, great long pod with our special guest, Joanne Reed and Nicole Hannah Jones. |
| 0:21.0 | We now have this mini pod. |
| 0:23.0 | Welcome home, y'all. |
| 0:24.4 | Welcome home. |
| 0:25.7 | One of the things we wanted to do was dig a little deeper on the Federal Reserve. |
| 0:29.4 | I just felt like this week, one of the episodes or one of the things that we needed to spend some time on, particularly in an episode or mini-pod was the Federal Reserve |
| 0:38.0 | because a lot of people don't really understand what it does and they don't understand |
| 0:40.7 | the implications of not having an independent Federal Reserve. So I want to tell you what the Federal |
| 0:44.8 | Reserve is quickly and then I want to flip to a clip from Jerome Powell from earlier in the week. |
| 0:50.8 | Actually, he released it on Sunday night. That tells you how damning it is. |
| 0:59.2 | And then we'll go from there. But the Federal Reserve acts as the central bank of the United States. |
| 1:05.5 | It manages monetary policy to achieve maximum employment and stable process. It supervises, |
| 1:12.4 | excuse me, stable prices. It supervises banks, maintains financial system stability, provides financial services to banks and the government, and promotes consumer protection and community development. |
| 1:16.6 | Its core role is to ensure a safe, flexible, and stable U.S. monetary and financial system |
| 1:24.5 | by controlling money supply. The Fed is the backbone for the dollar. |
| 1:30.4 | It's the backbone of our economy, and that's why it has to be independent. |
| 1:34.3 | But apparently Donald Trump has some other thoughts thanks to Project 2025, |
| 1:38.1 | and we're going to roll a clip just so you can see how angry Jerome Powell was. |
... |
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