Morning Wire Fed Governor Battles Ouster & Big Rig Rules Crackdown | 8.27.25
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Aug 27, 2025 Tensions rise as a Federal Reserve Governor resists dismissal by President Trump, sparking debates on authority and accountability. In a bid to bolster the economy, Trump proposes increasing Chinese student admissions to U.S. universities, drawing mixed reactions. Meanwhile, the DOT takes action to enhance road safety, enacting stricter rules for non-English speaking truck drivers after tragic accidents. The podcast dives deep into these political maneuvers and the implications for education and transportation in America.
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Fed Firing Tests Presidential Power
- President Trump fired Fed Governor Lisa Cook alleging mortgage fraud, prompting her to refuse to resign and plan a lawsuit.
- The removal could reshape Fed control and influence future chair appointments if courts allow it.
Government Stakes In Intel Signal Industrial Policy
- The U.S. bought a 10% stake in Intel, unlocking nearly $9 billion more in investment and expanding federal involvement.
- The move is framed as national-security-driven industrial policy to revive domestic semiconductor production.
Chinese Student Surge Sparks Security Debate
- Trump proposed raising Chinese student quotas to 600,000, arguing U.S. colleges need them to survive and benefit from their talent.
- Critics warn of espionage, tech theft, and influence networks that could harm U.S. security and research integrity.