Trump’s Takeover of the Fed

特朗普接管美联储

The Daily

2025-08-27

27 分钟
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President Trump’s decision to try to fire a member of the Federal Reserve’s governing board is his most audacious attack yet on the independence of the central bank. Ben Casselman, chief economics correspondent for The New York Times, discusses why Mr. Trump’s route to controlling the Fed passes through the governor, an economics professor named Lisa Cook. Guest: Ben Casselman, the chief economics correspondent for The New York Times. Background reading:  Mr. Trump’s move to fire Ms. Cook is a legally dubious maneuver that could undermine the independence of the nation’s central bank.Seeking to retool the Fed, Mr. Trump risks upending a pillar of the global economy.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Photo: Drew Angerer/Getty Images 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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  • From The New York Times, I'm Michael Barbaro.

  • This is The Daily.

  • President Trump's decision to try to fire a member of the Federal Reserve's governing board is his most audacious attack yet on the independence of the country's central bank.

  • Today, Ben Castleman.

  • on the story of how Trump decided that the road to taking over the Fed ran through an economics professor named Lisa Cook.

  • It's Wednesday, August 27th.

  • Thanks for doing this on short, relatively short notice.

  • We appreciate that.

  • Yeah, happy to do it.

  • I mean, it's never good news when I'm on this show.

  • No, it's never good news when you're on the show.

  • Ever.

  • Shall we get started, Ben?

  • Let's do it.

  • Okay.

  • Ben, just to start, tell us about the Federal Reserve governor now at the center of this political,