A New Leader — and a New Showdown — at the Fed
The Daily
05/14/26
•35m
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After a year of harassing and threatening Jerome Powell, the chairman of the Federal Reserve, President Trump replaced him on Wednesday.
Colby Smith, who covers the Fed, explains how the president ended one standoff only to create a new one.
Guest: Colby Smith, a New York Times reporter covering the Federal Reserve and the U.S. economy.
Background reading:
- The Senate confirmed Kevin Warsh as the new chair of the Federal Reserve.
- Video: How Jerome Powell managed a chaotic era.
Photo: Kenny Holston/The New York Times, 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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Previous Episode
Two Superpowers Across the Table
May 13
•26m
Here’s what to expect from the summit between President Trump and China’s top leader, Xi Jinping.
For the first time in nearly a decade, President Trump will meet with President Xi Jinping of China in Beijing, where they are expected to discuss trade, technology and other points of contention.
David E. Sanger, who covers the Trump administration for The New York Times, explains what is likely to come from the meeting.
Guest: David E. Sanger, a White House and national security correspondent for The New York Times.
Background reading:
- Here’s what to know about the meeting.
- Video: How Mr. Trump has changed the way he talks about China.
Photo: Haiyun Jiang/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.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Next Episode
Lessons From the Hantavirus Outbreak
May 15
•27m
Inside a hospital in Nebraska, 16 Americans who may have been exposed to the hantavirus have begun an unusually long quarantine. In some cases, it will last up to 42 days.
Apoorva Mandavilli, who covers global health for The New York Times, explains what is known about the deadly outbreak and how the public heath system responded.
Guest: Apoorva Mandavilli, a science and global health reporter at The New York Times.
Background reading:
- American passengers exposed to the hantavirus began their quarantine in the United States on Monday.
- Here’s what to know about the hantavirus outbreak on the cruise ship.
Photo: Chris McGrath/Getty Images
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.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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