President Donald Trump has been relentlessly trying to increase control over the Federal Reserve, most recently with his attempt to fire Fed Governor Lisa Cook. The Fed controls the Federal Funds Rate, which is currently at around 4.5%; the president wants it down to 1%. So, what if that happened? We'll outline the ripple effects. Also: Nvidia didn't meet Wall Street’s lofty expectations, and Cracker Barrel’s logo saga shows us the power of upset consumers.
Cato Podcast - High-Stakes Intel
"Golden shares” at home, grand bargains abroad. In this episode, Cato scholars weigh Trump’s push for equity stakes in U.S. firms under the CHIPS Act and his effort to strike a quick deal with Putin on Ukraine. What does state capitalism at home mean for American liberty—and can deal-making diplomacy abroad actually end the U.S. entanglement in Ukraine?
Featuring Ryan Bourne, Gene Healy, Norbert Michel, and Justin Logan
Scott Lincicome, “The government’s Intel stake is antithetical to American greatness”
https://www.washingtonpost.com/opinions/2025/08/24/trump-intel-government-marketplace/
Justin (and Dan Caldwell) on security guarantees: https://thefederalist.com/2025/08/26/if-ukraine-wants-security-guarantees-it-should-get-them-from-europe/
Ryan Bourne, “Trump’s cronyism is quietly unravelling American capitalism,”
Ryan Bourne, Industrial Policy was the Gateway Drug to Cronyism
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CBS News Roundup - 08/28/2025 | World News Roundup
Minneapolis mourns the loss of two children shot dead during a Catholic school church service. The CDC's new director is fired. Here comes the Labor Day weekend. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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Reset with Sasha-Ann Simons - ‘Somebody Knows Something,’ Elgin Police Department Takes On Decades-Old Cold Cases In Their Podcast
Marketplace All-in-One - Workers take to the streets in Jakarta
From the BBC World Service: Thousands of workers are rallying in Jakarta and 38 other Indonesian provinces to demand higher wages and lower taxes. Plus, BBC data shows cheap goods shipped from China to the United Kingdom more than doubled last year to over $4 billion. And, a Kenyan tech company is encouraging the use of bitcoin in one of Africa’s largest slums in hopes of promoting financial inclusion and boosting the area's economy.
Marketplace All-in-One - U.S. officials pressure EU regulators to soften tech regulations
President Donald Trump called out countries trying to regulate U.S. tech companies earlier this week, warning they could face new tariffs. The White House has struck a provisional trade deal with the European Union, but tensions remain over the bloc's sweeping tech laws, like the Digital Services Act, which requires platforms to moderate illegal content and disinformation.
WSJ Minute Briefing - White House Says CDC Director Removed
Plus: President Trump fires a member of the railroad regulator that’s evaluating a merger between Union Pacific and Norfolk Southern. And, BYD outsells Tesla in Europe. Azhar Sukri hosts.
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Up First from NPR - Minneapolis Mass Shooting, CDC Director Fired, Biden Admin and Gaza Aid
Investigators in Minneapolis are working to determine why a heavily armed 23-year-old opened fire at a Catholic school on Wednesday morning. The new Director of the Center for Disease Control has been fired less than a month after being sworn into the job. And, NPR reporters spoke with more than two dozen former senior Biden administration officials for a behind the scenes look at the discussions that shaped U.S. policy towards Israel’s war in Gaza.
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Today’s episode of Up First was edited by Cheryl Corley, Jane Greenhalgh, Andrew Sussman, Lisa Thomson, and Adam Bearne. It was produced by Ziad Buchh, Nia Dumas and Chris Thomas. We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.
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WSJ What’s News - Nvidia’s Outlook Comes Under the Microscope
A.M. Edition for Aug 28. Nvidia posts another record quarter, but Journal Heard on the Street columnist Dan Gallagher says its $4 trillion-plus valuation sets an awfully high bar that even strong numbers don’t always meet. Plus, The White House says it has fired the director of the Centers for Disease Control, following clashes with Robert F. Kennedy Jr. over the agency’s guidance on vaccines. And WSJ economics reporter Justin Lahart unpacks new research that shows AI’s effect on job prospects for young Americans. Azhar Sukri hosts.
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Code Story: Insights from Startup Tech Leaders - S11 Bonus: Dr. Alex Kihm, POMA AI
Alex Kihm just turned 40, and has been into computers for 36 years. He was given his first hand me down computer at the age of 4 by his parents, and also grew up with lego bricks and building things. He is an engineer by training, but eventually switched to econometrics on the big data side. Outside of his professional life, he is married and describes himself as water affectionate. He enjoys swimming, diving - and free diving. In fact, he studied diving during his semester abroad. His free diving is mainly a hobby, but he has deep respect for the professional free divers of the world.
At his original startup, Alex started to dive into LLMs and immediately ran into RAG (Retrieval Augmented Generation). When he observed the wrong information being returned, along with a ton of resource consumption in the process - IE cost - he set out to solve the problem, and figured out the solution was in the chunks.
This is the creation story of POMA AI.
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