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Oct 7, 2021

The Fed has a chance to diversify its leadership. Will it?

Later in the show: How COVID exacerbated the struggles of intercity bus systems and how the surge in mountain biking fueled a new industry.

WASHINGTON, DC - SEPTEMBER 30: Federal Reserve Chairman Jerome Powell testifies at a House Financial Services Committee hearing on oversight of the Treasury Department and Federal Reserve coronavirus pandemic response on Capitol Hill on September 30, 2021 in Washington, DC. The Treasury secretary this week warned in a letter to congressional leaders that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the debt limit. (Photo by Sarah Silbiger-Pool/Getty Images) — WASHINGTON, DC - SEPTEMBER 30: Federal Reserve Chairman Jerome Powell testifies at a House Financial Services Committee hearing on oversight of the Treasury Department and Federal Reserve coronavirus pandemic response on Capitol Hill on September 30, 2021 in Washington, DC. The Treasury secretary this week warned in a letter to congressional leaders that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the debt limit. (Photo by Sarah Silbiger-Pool/Getty Images)
Sarah Silbiger-Pool via Getty Images

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Segments From This Episode

Will the Fed use regional openings to diversify its leadership?
by Nancy Marshall-Genzer
Kevin Dietsch via Getty Images
A group of directors at each regional bank is in charge of forming a search committee to hire a new president.
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Coal prices are rising, but producers can’t keep up with demand
by Andy Uhler
Greg Baker/AFP via Getty Images
Coal, far from being phased out in many countries, is a stand-in for natural gas — which is also very expensive right now.
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Biden administration restoring climate-impact rules that could delay infrastructure plans
by Samantha Fields
Frederic J. Brown/AFP via Getty Images
The Trump administration had rolled them back, delighting industry and worrying environmentalists.
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Intercity buses are struggling, and that could leave some people stranded
by Kai Ryssdal and Sean McHenry
Michael M. Santiago via Getty Images
Bus operators have closed service in rural areas and small towns, leaving some riders with few transit options.
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Germany's Mittelstand on their hopes for the new government
Those in Germany’s powerful Mittelstand, the small and medium-sized companies that generate more than half of the country’s economic growth, hope to make deals with their country’s new chancellor.
As mountain biking booms, so does demand for trail builders
by Dan Kraker
Dan Kraker
High-quality trails take expertise and meticulous work. Professionally built trails can cost up to $70,000 a mile.
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Music from the episode

The Team

The Fed has a chance to diversify its leadership. Will it?