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The Fed Gets Pressure To Lower Interest Rates

By
Brandon Carlson
July 14, 2025

Picture your coach telling the referee to favor your team mid-game - that’s what Trump’s trying to do with Fed Chair Powell. He’s publicly scolding Powell, putting on a full court press and even threatening replacements - all to get faster interest rate cuts. Drama alert!

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Here are Five Fast Facts about the Trump/Fed conflict:

  1. 🤬 Name-Calling & Tweets - Trump has been calling Powell names like “too late” on social media, demanding big rate cuts. It's kinda like yelling, “Ref, are you sleeping?!”
  1. 👀 White House Moves In - Press Secretary Leavitt showed Powell a handwritten note from Trump, and OMB Director Vought sent a letter accusing him of misusing money on a fancy Fed HQ renovation. It's admittedly not a great look, considering the timing.
  1. 💪 Commission Shake-Up - Trump loyalists replaced three members of the planning commission overseeing Fed construction. Leverage and power plays, right?
  1. ⛔ No Firing (For Now) - Despite threats, there’s no active firing plan because firing Powell could trigger a lawsuit or market chaos. It’s like benching the referee mid-game…not allowed (at least not without major cause, which is still debatable)!
  1. 🐢 Fed Holding Firm - Powell says the Fed will stick to its goals: keeping jobs strong and inflation low. (Sounds great...but is that actually happening?)  Regardless, the next rate decision is in July, and he shows no signs of stepping down.

🔥Bottom line: So Trump’s putting loads of pressure on Powell -- name-calling, letters, even some mean tweets -- to get rate cuts sooner. Powell’s clinging to independence, claiming he's following the rules. It’s a political showdown that could shape interest rates, inflation, and the economic future of the country. Trump appears to be bullying Powell...but even if you don't like Trump, those lower rates would sure be nice for millions of people, wouldn't they?

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Who do you think is doing the right thing here?

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