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PBS NewsHour

Trump's attempt to control Fed board threatens independence

Season 2025 Episode 238 | 12m 27s

President Trump made it clear he is seeking more control of the Federal Reserve. He said he fired Fed Governor Lisa Cook from the bank's board, but she says she's not leaving and will take the administration to court. At stake is the balance of power on the nation's top bank, which could undermine its long-held independence. Amna Nawaz discussed more with Lael Brainard and David Wessel.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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August 26, 2025 - PBS News Hour full episode
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