Trump's new Federal Reserve Chairman interviewed by Robert Peston

 Main story : Jay Powell replaced as Fed Chair

 EXCLUSIVE INTERVIEW — ITV News Special
Robert Peston Meets Super Grover, Chairman of the Federal Reserve
Broadcast: April 18, 2025

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PESTON (adjusting his glasses, voice flat):
Today, in one of the more unconventional interviews of my career, I’m speaking with the newly appointed Chairman of the Federal Reserve, Super Grover.

Yes, that Super Grover.

He joins me now from Washington. Mr Chairman—may I call you Grover?—thank you for speaking to us.

SUPER GROVER (adjusting helmet):
Oh, thank you, Mr Robert Peston, noble British question man! I am always ready for deep and meaningful fiscal discourse!

PESTON:
Right. Let’s begin with the obvious. You’ve taken over the most important financial institution on Earth. Markets are unsettled. Inflation is wobbly. And President Trump has said you were chosen for your “understanding of leadership, heroism, and books with large print.”

What prepared you for this job?

SUPER GROVER:
Oh, it is simple! I have read many books. I have crashed into many problems. And I have a cape! Most importantly… I have read The Art of the Deal!

PESTON (raising an eyebrow):
You’ve read The Art of the Deal?

SUPER GROVER:
Yes! Cover to cover! Twice! Once upside-down to test my resilience. It is a book of wisdom and vowels.

PESTON:
Right. Could you give us your interpretation of its main message?

SUPER GROVER (serious):
Oh yes, yes. The Art of the Deal teaches us that negotiation is not just a transaction—it is performance art! One must be confident, say “tremendous” a lot, and never pay full price for a solid gold escalator.

Chapter Four is my favourite: “Deliver the Moon, But Only If They Paid for the Stars.”

PESTON:
That chapter… doesn’t actually exist.

SUPER GROVER (defensive):
Well, I might have been reading between the lines. Or possibly… through them.

PESTON:
And your monetary policy—how does it draw on the book?

SUPER GROVER:
Oh ho ho! Very good question! I call it the “Grover Doctrine”.

• Step one: Say the economy is the best ever. Loudly.

• Step two: If someone disagrees, shout “WRONG!” and point at a chart. Any chart.

• Step three: If numbers are confusing, change the board game. Monopoly works great! I am a fan of Free Parking as a liquidity injection mechanism.

PESTON:
So your understanding of economic theory is… theatrical?

SUPER GROVER:
Exactly! The market is a stage! And I—Super Grover—am both actor and usher!

PESTON (dry):
And yet, Mr Trump—who appointed you—famously has not read The Art of the Deal, according to his own ghostwriter.

SUPER GROVER (nodding solemnly):
Yes, yes. It is true. I, a humble blue monster of cloth and dreams, have read The Art of the Deal.

President Trump… has not.

PESTON (long pause):
So you are, in a sense, more literate in Trumpism than Trump himself?

SUPER GROVER (smiling proudly):
I am the deal now.

[CAMERA FADES. ITV LOGO APPEARS. Peston stares silently into the void.]