A New Leader — and a New Showdown — at the Fed
The Daily
- Published
- May 14, 2026
- Duration
- 35:38
- Summary source
- description
- Last updated
- Jul 5, 2026
Discusses daily.
Summary
After a year of harassing and threatening Jerome Powell, the chairman of the Federal Reserve, President Trump replaced him on Wednesday. Colby Smith, who covers the Fed, explains how the president ended one standoff only to create a new one. Guest: Colby Smith, a New York Times reporter covering the Federal Reserve and the U.S. economy. Background reading…
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Show notes
After a year of harassing and threatening Jerome Powell, the chairman of the Federal Reserve, President Trump replaced him on Wednesday. Colby Smith, who covers the Fed, explains how the president ended one standoff only to create a new one. Guest: Colby Smith, a New York Times reporter covering the Federal Reserve and the U.S. economy. Background reading: The Senate confirmed Kevin Warsh as the new chair of the Federal Reserve. Video: How Jerome Powell managed a chaotic era. Photo: Kenny Holsto
Themes
- daily