Archive · 25 Jul 2025

Trump Downplays Powell Clash, Focuses on Lower Interest Rates

Trump Downplays Powell Clash, Focuses on Lower Interest Rates

Imagine the President visited the boss of the Federal Reserve, who's in charge of interest rates.

They looked at a building being fixed up, which cost a lot of money.

The President joked that he might fire someone for going over budget, but said he wouldn't fire the boss of the Federal Reserve.

Instead, the President wants the boss to lower interest rates, making it cheaper to borrow money.

They had a bit of an argument over how much the building work cost, but the President mainly wants the rates to go down.

Sources