The Playbook Podcast Trump’s Powell problem
Jan 13, 2026
The Justice Department's investigation into Jerome Powell is creating a storm in Washington, diverting attention from Trump’s key economic messages. Republicans are vocal in their disapproval, worrying about the impact on Trump's Fed succession plan. The fallout threatens bold candidates and overshadows Trump’s planned speech in Detroit. On the foreign policy front, Trump is looking to use tariffs as leverage against Iran, with discussions around military options intensifying. The podcast delves into the intricate web of politics, economy, and strategic decision-making.
AI Snips
Chapters
Transcript
Episode notes
Investigation Backfires On White House
- The DOJ investigation into Jerome Powell shocked the West Wing and was widely unpopular with senior Republicans.
- The move risks undermining the administration's planned Fed succession and political messaging on the economy.
Fed Succession At Risk
- Targeting Powell could make him less likely to step aside when his term ends, complicating the Fed transition.
- The controversy may also damage prospects for Trump-aligned candidates like Kevin Hassett by politicizing Fed appointments.
Poster-Board Pitch Drove The Push
- Bill Pulte brought poster-board presentations to the president, including a wanted poster of Jerome Powell.
- Sources say Pulte pushed the idea early and his poster-board pitches influenced administration actions.