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What Trump's fight with Powell could mean for the Fed's future

President Trump has been trying to bully the Federal Reserve into cutting interest rates. It's a gambit that could lead to more inflation.

Copyright 2026 NPR

Henry Larson
Juana Summers
Juana Summers is a co-host of NPR's All Things Considered, alongside Ailsa Chang, Ari Shapiro and Mary Louise Kelly. She joined All Things Considered in June 2022.
John Ketchum
John Ketchum is a senior editor for All Things Considered. Before coming to NPR, he worked at the New York Times where he was a staff editor for The Daily. Before joining the New York Times, he worked at The American Journalism Project, where he launched local newsrooms in communities across the country.
Sink your teeth into our annual collection of dining — and drinking — stories, including a tally of Sin City's Tiki bars, why good bread is having a moment, and how one award-winning chef is serving up Caribbean history lessons through steak. Plus, discover how Las Vegas is a sports town, in more ways than one. Bon appétit!