US central bank governor to sue Trump

美国央行行长将起诉特朗普

Business Matters

2025-08-27

49 分钟
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单集简介 ...

Federal Reserve governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, marking a major escalation in the president's battle with the US central bank. So does President Trump have the power to fire the governor? Roger Hearing hears from a legal expert and former Cleveland Federal reserve President, to Loretta Mester. And in just a few hours’ time, unless there's a last-minute change of heart, Indians will be dealing with 50% tariffs on most exports to the United States. It's punishment for New Delhi's purchases of Russian oil, which Washington argues helps finance Moscow's war in Ukraine. Roger will be joined throughout the programme by two guests on opposite sides of the world - Andy Xie, an independent economist normally in Shanghai but currently in Kamamoto, Japan on holiday - and Takara Small, National Technology Columnist, CBC, in Toronto.
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单集文稿 ...

  • Hello and welcome to Business Matters.

  • I'm Roger Hearing.

  • On the programme today, Donald Trump says he's sacked one of the Fed governors.

  • She says he doesn't have the authority.

  • What's going to happen in this confrontation?

  • Also today, India counts down to 50% tariffs on many of its exports to the United States.

  • And we'll have a look at the South African movie industry.

  • And I'll be joined throughout the programme by two guests on opposite sides of the world.

  • Andy Shee, an independent economist who normally speaks to us from Shanghai.

  • But Andy, you're currently in Kamamoto in Japan having a holiday.

  • A very good morning to you there.

  • Good morning, Roger.

  • Yes, I'm in Kamamoto.

  • And you're working.

  • You're talking to us on your holiday.

  • That can't be right.

  • Well.

  • Yeah, well, that's OK.

  • As long as you're there and talking to us, we're very happy about that.

  • Anyway, let's also introduce Takara Small, National Technology Columnist for CBC,