Darian Woods

Catherine says the problem with this approach is if the White House begins to meddle in some functions of the Fed, it would undermine other decisions made by the individuals at the Fed.

Catherine says the problem with this approach is if the White House begins to meddle in some functions of the Fed, it would undermine other decisions made by the individuals at the Fed.

Catherine says the problem with this approach is if the White House begins to meddle in some functions of the Fed, it would undermine other decisions made by the individuals at the Fed.

Here's what Powell told a House committee in February about potential executive branch interference.

Here's what Powell told a House committee in February about potential executive branch interference.

Here's what Powell told a House committee in February about potential executive branch interference.

Classic Powell, keeping his head down, doing the work.

Classic Powell, keeping his head down, doing the work.

Classic Powell, keeping his head down, doing the work.

I would not expect anything less from him. You know, we reached out to the White House to ask how this division would be managed. According to a senior administration official, the Office of Management and Budget will oversee all the Fed's regulations not related to monetary policy. We also asked if it could erode the credibility of the Fed's decisions to raise or lower interest rates.

I would not expect anything less from him. You know, we reached out to the White House to ask how this division would be managed. According to a senior administration official, the Office of Management and Budget will oversee all the Fed's regulations not related to monetary policy. We also asked if it could erode the credibility of the Fed's decisions to raise or lower interest rates.

I would not expect anything less from him. You know, we reached out to the White House to ask how this division would be managed. According to a senior administration official, the Office of Management and Budget will oversee all the Fed's regulations not related to monetary policy. We also asked if it could erode the credibility of the Fed's decisions to raise or lower interest rates.

The same statement said no. And to, quote, include that accusation in your story would not be accurately reporting the executive order.

The same statement said no. And to, quote, include that accusation in your story would not be accurately reporting the executive order.

The same statement said no. And to, quote, include that accusation in your story would not be accurately reporting the executive order.

Unless he decides to take unprecedented and possibly illegal actions sooner. The original episodes from The Indicator were produced by Corey Bridges, Brittany Cronin, and Julia Ritchie. They were engineered by Sina Lofredo, James Willits, and Gilly Moon. They were fact-checked by Sarah Juarez. Kate Kincannon is the editor of The Indicator. Follow us wherever you get your podcasts.

Unless he decides to take unprecedented and possibly illegal actions sooner. The original episodes from The Indicator were produced by Corey Bridges, Brittany Cronin, and Julia Ritchie. They were engineered by Sina Lofredo, James Willits, and Gilly Moon. They were fact-checked by Sarah Juarez. Kate Kincannon is the editor of The Indicator. Follow us wherever you get your podcasts.

Unless he decides to take unprecedented and possibly illegal actions sooner. The original episodes from The Indicator were produced by Corey Bridges, Brittany Cronin, and Julia Ritchie. They were engineered by Sina Lofredo, James Willits, and Gilly Moon. They were fact-checked by Sarah Juarez. Kate Kincannon is the editor of The Indicator. Follow us wherever you get your podcasts.

This episode of Planet Money was produced by James Sneed and edited by Marianne McCune and Mary Childs. Alex Goldbach is our executive producer. I'm Darian Woods.

This episode of Planet Money was produced by James Sneed and edited by Marianne McCune and Mary Childs. Alex Goldbach is our executive producer. I'm Darian Woods.