Why Earning More Isn’t Saving Some American Families From Poverty

P.M. Edition for Aug. 5. Nearly 10 million American children are living in poverty, the most since 2018. Tens of millions more are precariously close, their families pushed to the brink by a storm of economic factors. Dan Frosch, who covers the U.S. economy with a focus on income inequality and poverty for the Journal, talked with a number of families in this position and joins us to discuss. Plus, with the resignation of a Federal Reserve official, President Trump has an opportunity to reshape the Fed. We hear from WSJ chief economics correspondent Nick Timiraos about what the president might do. And a House committee has subpoenaed the Justice Department for reports of its investigation into Jeffrey Epstein. Alex Ossola hosts.

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