The Contrarian
The Contrarian Pod
Why Trump is targeting the Fed with Justin Wolfers & Paul Krugman
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-49:24

Why Trump is targeting the Fed with Justin Wolfers & Paul Krugman

"This is completely outside the bounds of anything that you could possibly justify."

It hasn't been a great few months for the U.S. economy.

We've seen prices rise, we've seen chaos in tariffs, we've seen deficits grow quite large, and we've seen the job market crumble.

Justin Wolfers, professor of economics at the University of Michigan, joined Jen to explain why Trump's attempts to control the economy are erratic and dangerous to the country.

Also, Nobel Prize-winning economist Paul Krugman [32:55] discusses how the Trump Administration’s efforts to remove Fed Reserve Governor Lisa Cook could destabilize the central bank’s independence.

Cook’s attorney Abbe Lowell (friend of The Contrarian) told AP News that she would be suing the Trump administration, challenging the move.

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