Trillion Dollar Triage is a book that provides an in-depth look at the US economic policy response during the COVID-19 pandemic, specifically focusing on the role of the Federal Reserve and its Chairman, Jay Powell. Written by Nick Timiraos, the Wall Street Journal's chief economics correspondent, the book draws on extensive interviews and delves into the meetings, phone calls and video conferences that took place behind the scenes. It also examines the Fed's challenge of how to nurture a recovery without causing inflation or creating a money bomb. The book aims to provide a comprehensive understanding of the economic response to the pandemic and the Fed's actions during this time.