Fed alert: can Trump fire a governor?

联邦警报:特朗普能否解雇州长?

The Intelligence from The Economist

2025-08-27

23 分钟
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What does Donald Trump's attempt to sack Lisa Cook, a Federal Reserve governor, mean for the institution's independence? Uruguay may soon legalise assisted dying. And why shooting clubs – and other community associations – are thriving in Germany.   Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+
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  • The Economist.

  • Hello and welcome to The Intelligence from The Economist.

  • I'm your host, Rosie Bloor.

  • Every weekday, we provide a fresh perspective on the events shaping your world.

  • Uruguay has a long history of liberalism.

  • It was one of the first countries in Latin America to allow abortion and also same-sex marriage.

  • Marijuana is fully legalized too.

  • Now a bill is up for review on assisted dying.

  • And shooting clubs in parts of Germany go back to the Middle Ages.

  • They were originally militias formed to protect villages.

  • These days, they're one of the many types of community club that are thriving in the country.

  • Our correspondent took a shot and went along.

  • But first...

  • Donald Trump has made no secret of wanting interest rates to come down.

  • For months, he's berated the Federal Reserve for dithering.

  • You have a guy in there that, with the stroke of a pen,

  • could lower interest rates and save us hundreds of billions of dollars a year.

  • But he's a stupid person.

  • In July, the president toyed with firing Fed Chair Jerome Powell and then backed off.

  • Now another member of the Fed is in his sights.