The Josh Marshall Podcast Trump Starts Siege On The Fed
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Aug 26, 2025 Trump's recent actions to 'fire' a Fed governor spark discussions on the Fed's integrity and political influence over financial decisions. The conversation takes a sharp turn to the Justice Department's efforts against gender-affirming care, detailing the risks faced by healthcare providers. They also explore the political ambitions of figures like Gavin Newsom and the implications of deploying the National Guard in urban areas. Tensions rise around the intersection of federal authority and local policing, highlighting challenges in maintaining community trust.
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Trump's Push To Control The Fed
- Trump is openly trying to control the Federal Reserve by replacing governors with loyalists who will push lower interest rates.
- For-cause firing claims are legally dubious and likely to be fought in court, so his "firing" is not a settled fact.
Data + Twitter As Political Weapons
- Bill Pulte and an obscure federal housing official are using mortgage-file digs to manufacture pretexts against political opponents.
- That creates a corrupt dynamic where access to data plus social media clout can weaponize minor paperwork errors.
DOJ Subpoenas Target Michigan Health System
- TPM reported the DOJ subpoenaed a statewide hospital system over gender-affirming care for minors and threatened criminal probes.
- The hospital had already halted surgeries for trans minors, but subpoenas targeted hormones and puberty blockers next.