Scott Simon
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Of course, the Treasury Secretary typically works closely with the Federal Reserve. What do you foresee there?
Yeah, that could be a source of some friction. You know, Trump has frequently criticized the Fed chairman, Jerome Powell, even though he appointed him to the chairman's post. Trump thinks Powell and his colleagues were too quick to raise interest rates the last time Trump was in the White House and too quick to lower interest rates in the run-up to this fall's election.
Yeah, that could be a source of some friction. You know, Trump has frequently criticized the Fed chairman, Jerome Powell, even though he appointed him to the chairman's post. Trump thinks Powell and his colleagues were too quick to raise interest rates the last time Trump was in the White House and too quick to lower interest rates in the run-up to this fall's election.
Yeah, that could be a source of some friction. You know, Trump has frequently criticized the Fed chairman, Jerome Powell, even though he appointed him to the chairman's post. Trump thinks Powell and his colleagues were too quick to raise interest rates the last time Trump was in the White House and too quick to lower interest rates in the run-up to this fall's election.
The Fed is supposed to be insulated from political pressure from the White House, but Trump has repeatedly flouted that norm and And Besson went so far as to suggest that Trump name a shadow Fed chairman to sort of undermine Powell, although he later walked that back. Now, Powell is set to remain as Fed chairman into 2026 and says he's not going anywhere.
The Fed is supposed to be insulated from political pressure from the White House, but Trump has repeatedly flouted that norm and And Besson went so far as to suggest that Trump name a shadow Fed chairman to sort of undermine Powell, although he later walked that back. Now, Powell is set to remain as Fed chairman into 2026 and says he's not going anywhere.
The Fed is supposed to be insulated from political pressure from the White House, but Trump has repeatedly flouted that norm and And Besson went so far as to suggest that Trump name a shadow Fed chairman to sort of undermine Powell, although he later walked that back. Now, Powell is set to remain as Fed chairman into 2026 and says he's not going anywhere.
Powell is a staunch defender of the Fed's independence. He's also a savvy politician, though, and he's trying very hard not to antagonize the incoming administration.
Powell is a staunch defender of the Fed's independence. He's also a savvy politician, though, and he's trying very hard not to antagonize the incoming administration.
Powell is a staunch defender of the Fed's independence. He's also a savvy politician, though, and he's trying very hard not to antagonize the incoming administration.
And Pierre Scott Horsley, thanks so much.
And Pierre Scott Horsley, thanks so much.
And Pierre Scott Horsley, thanks so much.
You're welcome.
You're welcome.
You're welcome.
But yesterday, the Florida Surgeon General issued guidance opposing the practice.
But yesterday, the Florida Surgeon General issued guidance opposing the practice.
But yesterday, the Florida Surgeon General issued guidance opposing the practice.
Reporter Stephanie Colombini from member station WUSF in Tampa joins us now. Stephanie, thanks for being with us.