Trump threatens to fire Fed Chair Powell
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When Trump tried to overturn the 2020 election, the institutional guardrails of American democracy held. But if faced with the same tests today, those barriers — and people who held the line — would largely be missing.
President Trump recently called for the federal government to take control of how elections are run. But in the U.S., states run their own elections. Civics 101 host Hannah McCarthy explains who’s in charge and what “nationalizing” elections could look like.
Kevin Warsh faces a potential buzzsaw as the next Federal Reserve chair, in the form of a Hobson's choice between fighting inflation and supporting the labor market. Brewing economic conditions suggest that when Warsh takes office, presumably in May ...