Real. Reliable. Texas Public Radio.

Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

KCTI-AM/FM is off-air due to damage from a lightning strike. We are working to restore service as quickly as possible.

Trump firing the Federal Reserve Chair would upend its long tradition of independence

By Adrian Ma

Published July 20, 2025 at 7:55 AM CDT

NPR's Adrian Ma talks to UT-Austin economic historian Carola Binder about why the Federal Reserve is independent and why that matters.

Tags

Adrian Ma

Adrian Ma covers work, money and other "business-ish" for NPR's daily economics podcast The Indicator from Planet Money.