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End the Fed? Or turn it over to Trump?

ohog5 by ohog5
January 13, 2026
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End the Fed? Or turn it over to Trump?
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This week, editors Peter Suderman, Katherine Mangu-Ward, and Matt Welch are joined by Motive senior editor Robby Soave to debate the Justice Division’s (DOJ) investigation of Federal Reserve Chair Jerome Powell and whether or not this newest tactic is only a type of political retaliation. They focus on whether or not there’s a coherent case for the probe, how a lot affect presidents ought to have over financial coverage, and the place the road is between oversight and utilizing authorized equipment towards perceived adversaries.

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The dialog then turns to the Immigration and Customs Enforcement (ICE) shootings in Minneapolis and Portland, the place federal brokers killed Renee Good throughout an immigration enforcement operation and shot two individuals outdoors a federal constructing days later, at the same time as Homeland Safety Secretary Kristi Noem manufacturers the Minneapolis sufferer a home terrorist and native officers accuse Washington of mendacity about what transpired. The panel talks about accountability for regulation enforcement, and the way People can watch the identical movies but attain fully totally different conclusions. The editors then take a look at the rebellion in Iran and the distinction between President Donald Trump’s help for protesters there and his deployment of federal power at house, earlier than analyzing California’s proposed wealth tax and the way it may affect the state financial system.

 

0:00—the DOJ investigates the Federal Reserve

7:54—Trump’s proposal to cap bank card rates of interest

12:42—ICE shootings divide the nation

37:35—Iran protests intensify

43:14—Listener query on Democrats holding Trump accountable

52:28—California wealth tax

1:01:33—Weekly cultural suggestions

 

Upcoming Motive Occasions

The Reason Roundtable: Live in Washington, D.C.! February 4

 

Talked about in This Podcast

“Demanding Charges Against His Enemies, Trump Conflates Justice With Revenge,” by Jacob Sullum

“2 Grand Juries Have Rejected the Grudge-Driven Case Against Trump Foe Letitia James,” by Jacob Sullum

“Video of the Minneapolis ICE Shooting Does Not Resolve the Issue of Whether It Was Legally Justified,” by Jacob Sullum

“ICE in Minnesota,” by Liz Wolfe

“The Trump Administration Says It’s Illegal To Record Videos of ICE. Here’s What the Law Says,” by C.J. Ciaramella

“Iran’s Inflation Protests Turned Into an Uprising. Will Trump Get Involved?” by Matthew Petti

“A Breakable Regime,” by Liz Wolfe

“No Other Choice Is a Dark Satire of Capitalism and Masculinity,” by Peter Suderman

  • Producer: Paul Alexander
  • Video Editor: Ian Keyser



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