One Fed battle after another
January 13, 2026
8 min
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188 of 300

January 13, 2026
One Fed battle after another
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Nprs Planet Money Episodes Around January 13, 2026
Episode 188 of 300 — walk the feed in the order it was published.
8:43This episodeOne Fed battle after another
Summary
Over the weekend, Federal Reserve Chair Jerome Powell said the Department of Justice served the Fed with grand jury subpoenas. Powell says it’s all a sham. But the stakes are unprecedented: A potential criminal indictment. Central bank independence. Today on the show, the administration’s case against the Fed. How did we get here? And what comes next?<br /><br /><strong>Related episodes: </strong><br /><a href="https://www.npr.org/2025/08/29/nx-s1-5522330/lisa-cook-trump-lawsuit-federal-reserve-independence" target="_blank">Lisa Cook and the fight for the Fed</a><br /><a href="https://www.npr.org/2025/08/26/nx-s1-5518335/trumps-unprecedented-attack-on-the-fed" target="_blank">Trump's unprecedented attack on the Fed </a><br /><a href="https://www.npr.org/2025/04/23/1246593555/federal-reserve-independence" target="_blank">A primer on the Federal Reserve's independence</a><br /><a href="https://www.npr.org/2021/06/15/1006953751/why-is-the-fed-so-boring" target="_blank">Why Is The Fed So Boring?</a><br /><br /><em>For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at </em><a href="http://plus.npr.org/" target="_blank"><em>plus.npr.org</em></a><em>.</em> <em>Fact-checking by </em><a href="https://www.npr.org/people/1268825622/sierra-juarez" target="_blank"><em>Sierra Juarez</em></a><em>. Music by </em><a href="https://dropelectric.bandcamp.com/" target="_blank"><em>Drop Electric</em></a><em>. Find us: </em><a href="https://www.tiktok.com/@planetmoney" target="_blank"><em>TikTok</em></a>, <a href="https://www.instagram.com/planetmoney/" target="_blank"><em>Instagram</em></a>, <a href="https://www.facebook.com/planetmoney" target="_blank"><em>Facebook</em></a>, <a href="https://www.npr.org/newsletter/money" target="_blank"><em>Newsletter</em></a><em>.</em><br /><br />See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.<br /><br /><a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>
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