This week, former Treasury Secretary Lawrence H. Summers and Columbia’s Kathryn Judge discuss the importance and evolution of the Fed's independence. And, how will Trump’s tariffs influence trade in the long run? Plus, Vanguard’s 50th anniversary.

Britain’s Debt Problem, AI’s Local Burden, Poland’s Economic Boom
47:50

Team Favorite: Anthropic , BYD Goes Global, The Billionaire Next Door
48:08

Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff
48:00