Jared Yates Sexton and Nick Hauselman take on the Department of Justice opening an investigation into Federal Reserve Chair Jerome Powell, a move they argue has nothing to do with accountability and everything to do with pressure and punishment. They break down how Trump’s long campaign against the Fed fits into a larger effort to control interest rates, bend institutions to his will, and reshape the economy around the needs of himself and his allies, regardless of the consequences for everyone else.

From there, they connect it to what’s happening in the streets, the expanding role of ICE, the escalation following the killing of René Nicole Good, and the way intimidation, propaganda, and selective enforcement are becoming standard operating procedure. It’s a conversation about power, fear, and what happens when the people at the top decide that stability, norms, and even basic rights are expendable.

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