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Trump ratchets up pressure on Powell to lower rates

24 Jul 2025

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President Trump heads to the Federal Reserve headquarters, ostensibly to inspect an ongoing $2.5 billion renovation to its building. But as NBC News Senior Business Correspondent Christine Romans explains to host Brian Cheung, the visit represents an escalation in the tension between the president and Fed Chair Jerome Powell. Also, the U.S. Department of Education has temporarily paused student loan forgiveness for some borrowers. Vivian Tu, host of the “Networth and Chill” podcast, joins us to share how those impacted can tackle their loan repayments.   

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