The Daily

A New Leader — and a New Showdown — at the Fed

May 14, 2026·35 min·6-min readnarrativenews
Podzilla Summary (6 min)
TLDR
After a year-long campaign of public attacks and a politically charged investigation, President Trump succeeded in replacing Federal Reserve Chair Jerome Powell with Kevin Warsh. However, Powell’s unprecedented decision to remain on the Board of Governors has created a tense power dynamic

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Guest

C

Colby Smith

narrative on The Daily

Mentions

Books, people, and resources mentioned in this episode.

People

Jerome PowellColby SmithKevin WarshJeanine PirroTom Tillis

Topics

EconomicsFederal ReserveInflationInvestigative JournalismPolitical NewsUs Politics

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