Trump, Jerome Powell and the tariff blame game

On this episode, The Washington Post’s Rhonda Colvin, James Hohmann and JM Rieger break down President Trump’s broadside at Federal Reserve chair Jerome Powell on Thursday, saying he looks forward to Powell’s "termination." The crew explains why Trump wants Powell out as Fed chair – and his long history of targeting the country’s central banking system for criticism.

Then, a federal judge said he would launch an investigation into whether Trump officials should face criminal contempt charges for defying his order not to remove Venezuelan migrants from the United States. What would happen if an official actually faced a contempt charge?

00:00 Intro
00:39 What is the Federal Reserve and why is Trump mad?
03:20 Can Trump fire Fed Chair Jerome Powell?
08:25 Trump’s long battle with the Federal Reserve
09:46 Who is Trump actually listening to?
15:03 Market uncertainty
16:34 Will Trump officials face criminal contempt charges?
19:03 What happens if a judge finds federal officials in contempt?
23:28 Do Trump officials actually want a fight with courts?

Author: Washington Post
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News post in at: April 18, 2025, 6:00 am.

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