The Globalist Can Trump win the fight against Federal Reserve chair Jerome Powell? Plus: Finnish technology
Jan 14, 2026
Kaylin Birch, a global economist, dives into the politically charged DOJ investigation into Jerome Powell, unpacking its implications for market stability. Journalist Jack Dickens provides insights on pressing European affairs, including Kadyrov's influence in Chechnya and the potential for U.S. military action regarding Iran. Finally, Fiona Wilson shares the latest from Japan, highlighting political shifts and a viral drum duet between the Japanese and South Korean leaders.
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Political Pressure Threatens Fed Credibility
- The Trump administration's investigation into Jerome Powell risks undermining the Fed's independence and market confidence.
- Kaylin Birch warns that even suspicion of political interference can raise long-term bond yields and inflation expectations.
Watch Bond Yields As An Early Warning
- Markets can use bond-market moves as an early warning of policy overreach and act accordingly.
- Kaylin Birch suggests monitoring long-term government debt yields as a check on the White House's actions.
Institutional Backlash Can Curb Executive Overreach
- Strong cross-party and international responses have so far checked the White House's move against Powell.
- Kaylin Birch notes Senate pushback could block Fed nominations until the matter is resolved.