The Fed, Unreserved with Chicago Fed President Austan Goolsbee
7/15/20261 hr 22 min
As the Fed's new leadership navigates persistent inflation and economic uncertainty, Jon is joined by Austan Goolsbee, President of the Federal Reserve Bank of Chicago, to better understand how America's most powerful economic institution actually works. Together, they explore the Fed's origins and mandate, examine what the Fed can do as prices remain stubbornly high, and consider how the economic operating system Americans live within can work better for everyone. Plus, Jon takes listeners’ questions about fact-checking Trump, understanding Fetterman, and farts!
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Host/Executive Producer – Jon Stewart
Executive Producer – James Dixon
Executive Producer – Chris McShane
Executive Producer – Caity Gray
Producer – Brittany Mehmedovic
Producer – Gillian Spear
Video Editor & Engineer – Rob Vitolo
Audio Editor & Engineer – Nicole Boyce
Music by Hansdle Hsu
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Clips
Transcript preview
First 90 secondsJon Stewart· Host0:00
NPR, National Public Radio, and their Up First podcast. I don't know if you've seen the, the Up First podcast on NPR. It gives you the three biggest news stories of the day, and reporting and analysis to actually understand them. That's why you go to NPR, to actually understand things, and they do it in 15 minutes. That's, uh, uh, the beautiful thing about it. And our podcast, I don't know how long our podcast is, probably, like, two hours long, and I never even usually get past the first question. Like, that's how good they are at Up First. They give you the headline and also the context so that you can understand it. It's not just about the clickbait and the head- it's NPR. And then, uh, who knows, they might do, uh, a whole other show on the migration, uh, habits of the monarch butterfly. But for Up First, that's not their bag. Their bag is context, headlines, helping you start the day with clarity. Follow NPR's Up First podcast so you can understand what matters and what happens next. It's hard news through a human lens. Look, you know, I, I don't know when I'm gonna leave this job. I don't know when I'm gonna stay in this job. I don't know how these things are gonna do. But when I do, you should replace me with Indeed. You should call Indeed when you're replacing me because I... Listen. Th- th- this podcast, it requires skills. You need a face. You