The Most Toxic Relationship in Washington

华盛顿最毒瘤的关系

The Daily

2025-07-17

30 分钟
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单集简介 ...

During an Oval Office meeting with congressional Republicans a few days ago, President Trump showed off the draft of a letter that would fire Jerome H. Powell, the chair of the Federal Reserve. It’s the latest chapter in a dysfunctional relationship that has major implications for the global economy. Guest: Colby Smith, who covers the Federal Reserve and the U.S. economy for The Times. Background reading:  President Trump waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans.Can Trump fire Powell? It’s likely that he lacks a case, legal experts say.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Photo: Tom Brenner/The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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  • We are living in interesting times, a turning point in history.

  • Are we entering a dark authoritarian era,

  • or are we on the brink of a technological golden age or the apocalypse?

  • No one really knows, but I'm trying to find out.

  • From New York Times opinion, I'm Ross Douthit, and on my show, Interesting Times,

  • I'm exploring this strange new world order with the thinkers and leaders giving its shape.

  • Follow it wherever you get your podcasts.

  • From the New York Times, I'm Michael Bobaro.

  • This is The Daily.

  • During an Oval Office meeting with congressional Republicans a few days ago,

  • it didn't take President Trump long to turn to his favorite subject,

  • his hatred for the chairman of the Federal Reserve, Jay Powell.

  • In fact, during the meeting,

  • Trump proudly showed off the draft of a letter that would fire Powell for good.

  • It's the latest chapter in a dysfunctional relationship that has major implications not just for the American economy,

  • but for the global economy.

  • Today,

  • I speak with my colleague Colby Smith about what's really at the heart of Washington's ugliest drama,

  • Trump versus Powell.

  • It's Thursday, July 17th.