Odd Lots: The Damage to Fed May Have Already Been Done (Podcast)

This podcast episode dives into how President Trump and his administration have taken public criticism of the Federal Reserve to unprecedented heights—far beyond the usual behind-the-scenes pressure past presidents have applied. Unlike traditional quiet lobbying for rate cuts, Trump’s team has openly attacked Fed Chair Jerome Powell, even dragging in unrelated issues like office renovation costs. The discussion suggests this relentless pressure might have already undermined the Fed’s perceived independence, regardless of future policy decisions.