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Trump’s Takeover of the Fed

Trump’s Takeover of the Fed

The Daily vor 1 Jahr

0:00

27:24

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

For more information on today’s episode, visit
nytimes.com/thedaily. Transcripts of each
episode will be made available by the next workday.

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