About this episode
The Federal Reserve is supposed to be a non-political entity that, with a steady, measured hand, sets interest rates and economic policy in the United States. But, as we are seeing time and time again under this current Administration, absolutely nothing is sacred. If there are levers of power in reach, they will be tested by this authoritarian regime. This week on Sea Change Radio, the first half of our two-part conversation with Nathan Tankus, a journalist and the President of Notes on the Crises, who's been covering the Fed closely for many years. We hear about the history of the Federal Reserve, learn why its independence is pivotal, and discuss the recent attempts by the Trump Administration to fire the Fed's first Black woman governor, Lisa Cook, for the flimsiest of reasons.