Kevin Warsh has been tapped as the next chair of the Federal Reserve. We’re sure that he’ll have a lot of questions about how to run the Fed if confirmed. So we put together this briefing.
On today’s show, three Fed watchers give their advice for the next chair. On politics, interest rate cuts and dealing with the Fed’s repeated trading scandals. Oh, and can someone please forward this episode to Kevin Warsh?
Related episodes:
One Fed battle after another
Lisa Cook and the fight for the Fed
A primer on the Federal Reserve's independence
It's hard out there for a Fed chair
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Consider This from NPR - Faith leaders in Memphis support Afghan refugees, and each other
Stephen Cook, the senior pastor of Second Baptist Church in Memphis, has become friends with Latif Salar, the leader of the Christ Community Afghan Church - and since the Trump administration halted asylum processing for all immigrants from Afghanistan last Fall, the two have been working closely together to support members of Salar's congregation who fear deportation.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at considerthis@npr.org. This episode was produced by Kathryn Fink. It was edited by Sarah Robbins. Our executive producer is Sami Yenigun.
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Pod Save America - 1115: Why Are Democrats Afraid of Power?
Marc J. Dunkelman, author of "Why Nothing Works: Who Killed Progress — and How to Bring It Back," stops by the studio to talk to Lovett about how Democrats — once they regain power — can make government work again. Together they dive into the ways progressive governance changed from the New Deal to today, the influence of Robert Caro's polemic "The Power Broker" on a generation of public employees, and why they're both hopeful that Democrats will be able to find their way out of the darkness and learn to do big things again.
More or Less - Could Europe use its financial muscle to strong-arm the US?
Could European Nato members use their large holdings of US shares and bonds to put pressure on America? It’s a question that some in Europe found themselves asking as the geopolitical crisis over Greenland escalated and leaders desperately tried to think of ways to dissuade Donald Trump. It is true that trillions of dollars of American financial assets are held in Europe. But the devil, as ever, is in the detail. Tim Harford talks to Toby Nangle, a journalist with the Financial Times, to drill down into the numbers.
Presenter: Tim Harford Producer: Nathan Gower Series Producer: Tom Colls Editor: Richard Vadon Programme Coordinator: Brenda Brown Sound Engineer: James Beard
Consider This from NPR - Gov. Tim Walz is skeptical about Trump’s plan to de-escalate immigration crackdown
Tensions remain high in Minnesota. Despite the Trump administration signaling a willingness to de-escalate tensions in the state earlier this week, Minnesota’s governor is now skeptical.
“I know who I'm dealing with. I know that they're not going to keep their word,” Walz told NPR.
Walz, a Democrat, sat down with All Things Considered host Juana Summers on Friday following weeks of protests, and the deadly shootings of Renee Macklin Good and Alex Pretti.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.
This episode was produced by Megan Lim, Matt Ozug and Karen Zamora, with audio engineering by Andie Huether. It was edited by Ashley Brown and William Troop.
Our executive producer is Sami Yenigun.
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The Commentary Magazine Podcast - Praying in Jerusalem and Minneapolis
A quiet revolution is underway on the Temple Mount, where for six decades Jews have been forbidden to pray due to the rules established by a Muslim authority with dominion over the Dome of the Rock mosque—rules allowed to stand by the Israeli government. What changed and why is this so important? And why are the grounds for arresting former CNN anchor Don Lemon for participating in the disruption of a church service in Minneapolis stronger than you might think? Give a listen.
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The Ezra Klein Show - How the World Sees America, With Adam Tooze
The old world order is dying. What new world order — if any — is struggling to be born?
I can’t think of a week when it felt clearer that an era was coming to an end. Whatever people thought America was, at least for a couple of decades, it’s something else now. The killing of Alex Pretti and the fact that it was recorded on video that plainly contradicted the Trump administration’s initial narrative made that clear. Mark Carney, the prime minister of Canada, also drove home that point when he declared at the World Economic Forum in Davos, Switzerland, that the world was in the midst of a “rupture.”
What do people think of America now in Europe? In China? And if American hegemony is coming to an end, what comes after that?
Adam Tooze is a historian at Columbia University and a chronicler of crises. The Guardian recently called him “the crisis whisperer.” He’s written a number of books about the times when systems fall apart and new orders emerge, including “Crashed: How a Decade of Financial Crises Changed the World.” And on his Substack, Chartbook, he tracks the unfolding crises and power shifts, in particular the rise of China. He also had a front-row seat to the chaos of Davos last week, moderating a panel that included Howard Lutnick, the commerce secretary.
I wanted to talk to Tooze about what he saw at the World Economic Forum, how the world’s understanding of the U.S. is changing and how he’s making sense of this moment.
Mentioned:
Crashed by Adam Tooze
“Chartbook” Substack by Adam Tooze
“The Empty Chamber” by George Packer
“The growing challenges for monetary policy in the current international monetary and financial system", speech by Mark Carney
Book Recommendations:
Diary of a Madman and Other Stories by Lu Xun
The Southern Tour by Jonathan Chatwin
Context Collapse by Ryan Ruby
Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.
You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.
This episode of “The Ezra Klein Show” was produced by Rollin Hu. Fact-checking by Michelle Harris, with Kate Sinclair. Our senior engineer is Jeff Geld, with additional mixing by Aman Sahota. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Kristin Lin, Emma Kehlbeck, Jack McCordick, Marina King and Jan Kobal. Original music by Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
Pod Save America - Minneapolis is a Turning Point
Outrage over the killing of Alex Pretti spreads to nonpolitical and Trump-friendly spaces, even as Border Czar Tom Homan promises to "draw down" the DHS presence in Minneapolis and the White House caves to Democrats' demands on debating DHS funding. Could this be a turning point in the Trump presidency? Jon and Dan discuss all the latest, including Anderson Cooper's extraordinary conversation with Stella Carlson, the woman who filmed the crucial angle of the shooting. Then they turn to the FBI's deeply troubling raid on the election headquarters in Fulton County, Georgia, and the premiere of "Melania," a multi-million dollar bribe from Jeff Bezos to the first family disguised as a documentary. Then, Jon sits down with MSNOW's Joe Scarborough to talk about why Republicans in Congress still put up with Trump, and why he hopes the next Democratic nominee returns to the party's organizing roots. Plus: a special preview of our new subscriber-only show, Pod Save America: OnlyFriends.
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The Indicator from Planet Money - A huge EU-India deal, Heated Rivalry, and a hefty $200k to Olympians
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news.
On today’s episode: a HUGE trade deal between India and the European Union, all the hot hockey romance New Yorkers could ever want, and a heavy earnings purse for Olympic competitors, win or lose.
Related episodes:
Why the Olympics cost so much
The surprising economics of digital lending
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Julia Ritchey and Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Preorder Planet Money's new book here!
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On today’s episode: a HUGE trade deal between India and the European Union, all the hot hockey romance New Yorkers could ever want, and a heavy earnings purse for Olympic competitors, win or lose.
Related episodes:
Why the Olympics cost so much
The surprising economics of digital lending
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Julia Ritchey and Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Preorder Planet Money's new book here!
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Consider This from NPR - Sen. Ron Johnson blames state and local leaders for Alex Pretti’s killing
The civilian killings of Alex Pretti and Renee Macklin Good by federal immigration agents have launched a larger debate in Washington about funding for the Department of Homeland Security.
Senate Democrats want to carve off DHS money from the broader spending package to keep the government open, and they want new limits on immigration agents, like a prohibition on masks and a requirement that officers carry ID.
Republican Sen. Ron Johnson of Wisconsin says he blames the actions of state and local leaders for the shooting deaths of Alex Pretti and Renee Macklin Good. He insists local leaders should have done more to cooperate with immigration enforcement efforts in Minneapolis.
NPR’s Ailsa Chang spoke with Wisconsin Republican Senator Ron Johnson to discuss his thoughts on whether ICE, and other immigration enforcement agencies, need the reforms Democrats have asked for.
At the time this episode aired, lawmakers were at an impasse regarding the federal spending package. But Senate Democrats now say they’ve reached a deal to separate DHS funding from the other five appropriations bills. You can read more details on npr.org.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.
This episode was produced by Brianna Scott. It was edited by Christopher Intagliata, Courtney Dorning and Kelsey Snell. Our executive producer is Sami Yenigun.
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Senate Democrats want to carve off DHS money from the broader spending package to keep the government open, and they want new limits on immigration agents, like a prohibition on masks and a requirement that officers carry ID.
Republican Sen. Ron Johnson of Wisconsin says he blames the actions of state and local leaders for the shooting deaths of Alex Pretti and Renee Macklin Good. He insists local leaders should have done more to cooperate with immigration enforcement efforts in Minneapolis.
NPR’s Ailsa Chang spoke with Wisconsin Republican Senator Ron Johnson to discuss his thoughts on whether ICE, and other immigration enforcement agencies, need the reforms Democrats have asked for.
At the time this episode aired, lawmakers were at an impasse regarding the federal spending package. But Senate Democrats now say they’ve reached a deal to separate DHS funding from the other five appropriations bills. You can read more details on npr.org.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.
This episode was produced by Brianna Scott. It was edited by Christopher Intagliata, Courtney Dorning and Kelsey Snell. Our executive producer is Sami Yenigun.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy