Should Fed chief Powell stay or go?

Today, we’ve got Jerome Powell on the brain. As he prepares to make a major speech at the virtual Jackson Hole summit this week, Treasury Secretary Janet Yellen, a Democrat, has indicated that she’d like Powell, a Republican, to keep his job as Federal Reserve chair after his current term ends in February. Some Dems aren’t on board, and that’s causing a rift in the party. We’ll explain why. Plus, we’ll discuss what a California ruling could mean for ride-hailing companies like Uber and Lyft and close this Whaddya Miss Monday with a COVID-19 roundup.

Here’s everything we talked about:

“Yellen for Powell?” from Politico 

“Fed chair Jerome Powell says there’s no returning to pre-pandemic economy” from PBS Newshour

“Cuomo Blames ‘Political Pressure and Media Frenzy’ in Farewell Speech” from The New York Times

“Theranos Founder Elizabeth Holmes Is Ready for Her Day in Court” from Bloomberg

“Prop. 22, the gig worker exemption for Uber and Lyft, is ruled unconstitutional”  from The San Francisco Chronicle

“Sex workers who use OnlyFans say they’re being ‘pushed off a platform that we made successful'” from Business Insider

“Texas Drops Enforcement of Its Governor’s Ban on Mask Mandates” from The New York Times

“South Dakota sees the country’s largest two-week COVID surge” from Fortune

“200 COVID-19 cases linked to Lollapalooza so far, Chicago officials say” from the Chicago Tribune

“Happy Birthday, Xiao Qi Ji! National Zoo’s Panda Cub Turns 1” from WRC-TV

The Tweet thread Why You Should Not Use Ivermectin to Treat or Prevent COVID-19 from the Food and Drug Administration

Read the transcript here.

Our show needs your voice! Tell us what you think of the show or ask a question for our hosts to answer! Send a voice memo or give us a call at 508-82-SMART (508-827-6278).