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Beige Book reports on impacts of Trump administration cuts

Regional banks in the Federal Reserve system study their local economies and publish those stories in a report called the Beige Book. The Kansas City Fed's has fallout from Trump administration cuts.

Copyright 2025 NPR

Wailin Wong
Wailin Wong is a long-time business and economics journalist who's reported from a Chilean mountaintop, an embalming fluid factory and lots of places in between. She is a host of The Indicator from Planet Money. Previously, she launched and co-hosted two branded podcasts for a software company and covered tech and startups for the Chicago Tribune. Wailin started her career as a correspondent for Dow Jones Newswires in Buenos Aires. In her spare time, she plays violin in one of the oldest community orchestras in the U.S.
Robert Smith