Trump’s War On The Fed

特朗普对美联储的战争

What A Day

2026-01-13

27 分钟
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Federal Reserve Chair Jerome Powell struck back on Sunday night after the Department of Justice opened a criminal investigation into his handling of renovations to the Fed’s DC headquarters. Whether or not he lied to Congress about them, this is all happening as the Supreme Court is set to debate another one of Trump’s efforts to take control of the Fed – by getting rid of Federal Reserve Governor Lisa Cook. So to talk more about Jerome Powell, the Supreme Court, and Donald Trump’s various attempts to prosecute people he does not like, we spoke with Leah Litman. She’s cohost of Crooked Media’s legal podcast, Strict Scrutiny. And in headlines, Arizona Democratic Senator Mark Kelly sues the Department of Defense over Pete Hegseth’s attempts to punish him for criticizing the Trump administration, The New York Times reports the E.P.A. plans to stop monitoring the health benefits of limiting pollution, and a new Gallup poll shows young people are abandoning both the Democratic and Republican parties in droves. Show Notes: Check out Strict Scrutiny – crooked.com/podcast-series/strict-scrutiny/Call Congress – 202-224-3121Subscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8What A Day – YouTube – https://www.youtube.com/@whatadaypodcastFollow us on Instagram – https://www.instagram.com/crookedmedia/For a transcript of this episode, please visit crooked.com/whataday Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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  • It's Tuesday, January 13th.

  • I'm Jane Kostin, and this is What A Day,

  • the show that wants to remind you that one of the many problems with getting big checks from President Donald Trump from Tariff Revenue is that he's going to forget he promised to give you big checks from Tariff Revenue.

  • Here he is talking to The New York Times last week.

  • You promised $2,000 checks to Americans based off of your tariff revenues.

  • I did do that.

  • When did I do that?

  • Grandpa will get you that check just as soon as he remembers where you put his pen.

  • On today's show,

  • the Environmental Protection Agency shoves an industry-shaped knife into the back of,

  • you guessed it, the environment.

  • And I-N-D-E-P-E-N-D-E-N-T.

  • Do you know what that means?

  • According to a New Gallup poll, it means young people are abandoning both parties in droves.

  • But let's start with the Federal Reserve.

  • Normally, let's say subdued, Federal Reserve Chair Jerome Powell went nuclear on Sunday night.

  • After the Department of Justice opened a criminal investigation into his handling of renovations to the Fed's DC headquarters and whether or not he lied to Congress about them.

  • But as Powell said in a video posted on the Federal Reserve's social media, that's just a pretext.

  • The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public rather than following the preferences of the President.

  • This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions or whether,