Category: 3-SometimeCommentary

• Lauren on the battle among Dems over the term, "Abolish ICE" 
  
  
• The reporter who applied to be an ICE agent 
  
  
• Sam's piece about the Dougs 
  
  
• Tim and Sam debating the worst Cabinet members 
  
  
• Send tips from on the ground in MN to bulwarkpodcast@thebulwark.com

• During Tovala's New Year Sale, you can get a FREE Tovala smart oven when you order meals 6+ times by heading to Tovala.com/BULWARK using my code BULWARK!

The Trump administration’s decision to open a criminal investigation into the Federal Reserve chairman, Jerome H. Powell, has stunned the worlds of business and politics.

Colby Smith and Glenn Thrush, who have been covering the news, discuss how the investigation came about, the panic it unleashed and why it might have made the Fed chair stronger than ever.

Guest:

• Colby Smith, a New York Times reporter covering the Federal Reserve and the U.S. economy.
• Glenn Thrush, who reports on the Justice Department for The New York Times.

Background reading: 

• Blowback builds over the criminal investigation of Mr. Powell.
• Here’s what to know about the criminal investigation of Mr. Powell.

Photo: Caroline Gutman for The New York Times

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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Paris Marx marks the beginning of 2026 by discussing some of the big themes that will be moving the conversations he’ll be having this year, particularly digital sovereignty and rethinking the value of the tech we admit into our lives.

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.

The podcast is made in partnership with The Nation. Production is by Kyla Hewson.

Also mentioned in this episode:

• Paris wrote about the lessons of the US invasion of Venezuela and why we need to reassess our relationship to digital technology.

• Paris co-authored a white paper on reclaiming digital sovereignty.

• A digital detox is a great way to review your current relationship with tech.

The Trump administration’s recent evisceration of Venezuela’s government has leaders in Washington wondering where else they can meddle. And President Donald Trump’s eyes have wandered back to a familiar target: Greenland.

Trump has said he wants to buy the island or control it. Now, he could look to follow through on that threat.

This renewed focus caused Denmark and Greenland to send their foreign ministers to Washington D.C. on Wednesday for a meeting with Secretary of State Marco Rubio and Vice President JD Vance.

What could a takeover of Greenland mean for its people, NATO, and the U.S.? And what’s in store for the future of the Arctic as it continues to warm faster than anywhere else in the world?

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Ravi opens by running through a turbulent week: the Minnesota ICE shooting, concerns about escalating federal power, and the DOJ’s reported probe into Fed Chair Jerome Powell’s independence, alongside global flash points like Iran and a U.S. electorate that’s increasingly independent. With institutions under strain and norms being tested in real time, he then turns to the ideas shaping this moment. That sets the stage for his conversation with political philosopher Laura K. Field, author of Furious Minds, on the thinkers and factions behind the MAGA New Right—and why understanding them now matters more than ever.

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Today on The Gist, a look at Donald Trump's plan to cap credit card interest rates at 10%—a populist move that might actually rob the poor to pay for the rich man's travel perks. Then, former CIA analyst and The Rest Is Classified co-host David McCloskey discusses his new novel, The Persian. He explains how real-world Mossad operations inside Iran are so "insane" they don't even need to be exaggerated for fiction, from remote-controlled machine guns to the devastating pager attack that crippled Hezbollah's command and control. He also breaks down the "unlikely but plausible" tradecraft used in the Israel-Iran shadow war and why the U.S. organizational and legal structure wouldn't—or couldn't—pull off the same stunts.

Produced by Corey Wara

Coordinated by Lya Yanne

Video and Social Media by Geoff Craig

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Join Washington Examiner Senior Writer David Harsanyi and Federalist Editor-In-Chief Mollie Hemingway as they analyze the Minneapolis ICE shooting, discuss recent developments regarding the Federal Reserve Chair Jerome Powell, dive into the news on Iran, and explain why pro-lifers are upset by the Trump administration and Congress's wobble on the Hyde Amendment. Mollie and David also share their thoughts on Dead Men Don't Wear Plaid, Soul on Fire, Fallout, and season two of Landman.

The Federalist is a nonprofit, and we depend entirely on our listeners and readers — not corporations. If you value fearless, independent journalism, please consider a tax-deductible gift today at TheFederalist.com/donate. Your support keeps us going.