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The Fed's Dirty Secret
Written byAdam Shapiro
Friday, Jul 25, 2025 3:09 pm ET1min read
📺 The Fed’s “independence” is a myth — here’s who really calls the shots
Sunday July 27, 2025 at 6 PM
The Federal Reserve isn’t the independent guardian of the economy you think it is — it’s the banker for a nation drowning in debt.In this unapologetic episode of Capital & Power, Adam Shapiro sits down with Christopher Whalen to rip apart the myths around the Fed, expose its entanglement with Washington’s reckless spending, and unpack why the dollar’s dominance is facing a historic challenge — from gold, crypto, and the rise of alternative assets.
Adam Shapiro
Adam Shapiro is a three-time Emmy Award–winning content creator, former network news correspondent, and founder of the multimedia production company TALKENOMICS. At AInvest, he created and launched Capital & Power, a video podcast series designed to drive engagement and establish thought leadership, while also producing original live streams, financial articles, and investor-focused video content. Previously, as a correspondent at FOX Business, Shapiro established the network’s Washington, D.C. bureau, reported from the White House, Capitol Hill, and the Federal Reserve, and secured exclusive bipartisan interviews with influential leaders. His reporting helped solidify FOX Business as the most-watched business channel on television. At the same time, his original Talkenomics series drew tens of thousands of viewers per episode through insightful conversations with policymakers, economists, and thought leaders. At Yahoo Finance, he played a critical leadership role in expanding digital programming to eight hours of live, bell-to-bell financial news coverage, dramatically increasing traffic from 68M to 104M unique monthly visitors and growing ad revenue from zero to over $50 million annually. Yahoo Finance continues to benefit from the credibility of Shapiro’s exclusive interviews with former President Donald Trump and numerous Fortune 500 CEOs.
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