
Trump’s D.O.J. Went After the Fed. It Backfired.
The Daily
01/15/26
•28m
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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:
- Blowback builds over the criminal investigation of Mr. Powell.
- Here’s what to know about the criminal investigation of Mr. Powell.
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.
Previous Episode

Iran on the Brink
January 14
•28m
Iran is experiencing expansive protests after economic grievances snowballed over the past two weeks into a broader challenge to the country’s authoritarian clerical rulers.
In recent days, a full picture of the government’s crackdown on demonstrators has emerged, garnering global condemnation and threats of action from President Trump.
Farnaz Fassihi, who has been covering the story, explains what is driving the protesters and why the regime may be facing one of its gravest challenges in decades.
Guest: Farnaz Fassihi, the United Nations bureau chief for The New York Times.
Background reading:
- Accounts of a brutal crackdown are emerging from Iran despite communications restrictions.
- Here’s what to know about the protests in Iran.
Photo: Getty Images/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.
Next Episode

An I.V.F. Mix-Up and an Impossible Choice
January 16
•46m
For millions of families, in vitro fertilization is a modern medical miracle. But the field is largely unregulated, and for a small number of parents, things can go terribly wrong.
Susan Dominus discusses her story about how two families navigated an unthinkable I.V.F. mistake that will connect them for the rest of their lives.
Guest: Susan Dominus, a staff writer at The New York Times Magazine.
Background reading:
- Read Susan’s original article from 2024.
Photo: Holly Andres 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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