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The Daily - Trump’s D.O.J. Went After the Fed. It Backfired.

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: 

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. 

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.

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The Daily Detail - The Daily Detail for 1.15.26

Alabama

  • Sen. Tuberville supports tariffs on Iran in order to facilitate regime change
  • Governor Ivey calls for further funding of CHOOSE Act and the passage of the Child Predator Death Penalty Act in this upcoming legislative session
  • Arthur Orr files bill prohibiting donations via credit cards not within US
  • Albertville resident on house arrest and awaits extradition to Texas
  • Auburn police chief, Cedric Anderson, to retire at end of January

National

  • SCOTUS rules that candidates can challenge mail in ballot laws
  • Trump admin to freeze visas issued to 75 countries 
  • FBI arrests IT worker who leaked classified info from within Dept. of War
  • Police in MN have low morale following ICE attacks and vicious rhetoric
  • Nick Shirley releases another video on fraud in MN transport businesses
  • James O'Keefe media exposes Secret Service agent on JD Vance's detail
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What A Day - Can Minnesota Deport ICE?

The great city of Minneapolis is under siege by Immigration and Customs Enforcement, and we have all seen the videos to prove it… which may be why the popularity of ICE has dropped like a rock over the last year, from +16 in January 2025 to -14 now, according to polling by YouGov. In short, a lot of Americans think what ICE is doing is bad, and they do not like it. But what can state and local authorities do about it? To find out, we spoke to Minnesota Attorney General Keith Ellison. Earlier this week, he filed a lawsuit against the Department of Homeland Security to stop the outsized immigration enforcement in his state.

And in headlines, a new law is bringing whole and 2% milk back into schools, the Israel-Gaza ceasefire enters a critical next phase, and the long-anticipated talks between the U.S., Greenland and Denmark basically go nowhere.

Show Notes:


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The Indicator from Planet Money - Why Trump resurrected the Monroe Doctrine

203 years ago, President James Monroe declared the Western Hemisphere off limits to powerful countries in Europe. Fast forward, and President Trump is reviving the Monroe Doctrine to justify intervening in places like Venezuela, and threatening further action in other parts of Latin America and Greenland. On today’s show, how is Trump redefining the Monroe Doctrine and what does it mean for the world?

Related episodes:
Add to cart: Greenland
Is the Panama Canal a rip-off?
Venezuela didn’t steal U.S. oil. Here’s what happened  
Can Europe stand without the U.S. 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 Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

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NPR's Book of the Day - ‘Freedom on the Sea’ is a biography of Robert Smalls – by his great-great-grandson

Robert Smalls’ dynamic life story – his daring escape from slavery, his pivotal role in the Civil War, and the political career that ensued – was almost lost to history. But now there are plans to preserve and celebrate him. A new monument honoring Smalls is set to be unveiled outside the South Carolina Statehouse. In today’s episode, Michael Boulware Moore, Smalls’ great-great-grandson and author of the book Freedom on the Sea, joins Here & Now’s Anthony Brooks to talk about Smalls' legacy.


To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookoftheday

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Tech Won't Save Us - Reimagining Our Relationship with Digital Tech w/ Paris Marx

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:

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The Stack Overflow Podcast - Transforming enterprise workflows: How IBM is unlocking AI’s potential

In this episode of Leaders of Code, Stack Overflow Chief of Product and Technology Jody Bailey chats with Matt Lyteson, CIO of Technology Platform Transformation at IBM, about the processes and challenges of adopting AI within an enterprise environment. They explore IBM's strategic approach to integrating AI into workflows and emphasise the importance of fostering the right behaviours among employees, particularly regarding automation and AI assistance.

The discussion also:

  • Explores what it means for a company like IBM to truly embrace AI, with Lyteson sharing strategies for integrating AI into every workflow to maximize productivity across the organization. 
  • Highlights key challenges like data privacy, security risks, and the critical need for workforce reskilling in an AI-enabled world.

Notes

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What Next - Would You Die To Stop ICE?

The Episcopal bishop of New Hampshire went viral for telling clergy to have their affairs in order as they prepare to defend the most vulnerable, at a prayer vigil for Renee Good. He says, “I’ve said nothing new that I have not said in 35 years of ordained ministry.”


Guest: Bishop A. Robert Hirschfeld,10th Bishop in the Episcopal Church of New Hampshire serving since August 2012.


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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.



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