President Trump's attacks on Federal Reserve Chairman Jerome Powell have been relentless. We discuss what it would mean if the United States no longer has a politically independent Federal Reserve. We also dive into the potential effects of looming tariffs.This episode: political correspondent Sarah McCammon, finance correspondent Maria Aspan, and senior national political correspondent Mara Liasson.This podcast was produced by Bria Suggs and edited by Rachel Baye. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

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“What did the council decide on item 42?” — answered with the speaker and the moment.