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U.S. Capitol building in Washington D.C.
Congress approves public media funding cuts
Thursday night, Congress passed The Rescissions Act of 2025. This package claws back funds previously appropriated to the Corporation for Public Broadcasting (CPB) totaling $1.1 billion.

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Trump firing the Federal Reserve Chair would upend its long tradition of independence

By Adrian Ma
Published July 20, 2025 at 6:55 AM MDT

NPR's Adrian Ma talks to UT-Austin economic historian Carola Binder about why the Federal Reserve is independent and why that matters.

Copyright 2025 NPR
Adrian Ma
Adrian Ma covers work, money and other "business-ish" for NPR's daily economics podcast The Indicator from Planet Money.
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