A US central bank governor, Lisa Cook, has launched legal proceedings to try to thwart President Trump's attempt to fire her. We get the latest on Trump's attempt to keep the bank to heel, and speak to a former senior economist at the Fed, Kenneth Rogoff.

Also in the programme, the Israeli military reveals results of an initial probe into yesterday's attack on a Gaza hospital, which killed 20 people including well-known journalists. And American pop superstar Taylor Swift announces her engagement to her partner Travis Kelce.

(Photo: President Trump in the White House on August 25, 2025. Credit: REUTERS/Jonathan Ernst)