Saleha Mohsin

Michael McKee, Bloomberg's international economics and policy correspondent, and Saleha Mohsin, senior Washington correspondent and host of The Big Take DC podcast, dive into the explosive tension between former President Trump and Federal Reserve Chair Jerome Powell. They discuss the legal ramifications of Trump's threats to fire Powell and explore how this conflict could destabilize the U.S. dollar and global markets. The episode further examines the risks posed to Federal Reserve independence and its impact on economic stability.

Saleha Mohsin, Senior Washington Correspondent at Bloomberg and author of *Paper Soldiers*, dives into the implications of a weakening dollar. She explains how the dollar's decline impacts global economies and trade dynamics, highlighting the challenges faced by U.S. manufacturers amid geopolitical tensions. Mohsin also discusses how this trend benefits foreign tourists while raising costs for American consumers and examines the uncertainties in investment strategies as the dollar's dominance shifts.

In this engaging discussion, Saleha Mohsin, a Bloomberg senior reporter and author of "Paper Soldiers," dives into the complex world of the U.S. dollar as a tool of economic warfare. She explains how the U.S. has leveraged sanctions, particularly against Russia and Afghanistan, to exert financial control. The conversation explores the historical context of the dollar's dominance, the implications of its weaponization on global politics, and the challenges emerging powers face in seeking alternatives. Mohsin also touches on the future of the dollar's status as a reserve currency.