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    RetroRock Radio – KRIR RetroRock Radio - Santa Clara, CA

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Trump keeps pressuring the Fed to cut rates. Here’s why its independence matters

todayJuly 30, 2025 3

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Federal Reserve Chair Jerome Powell (holding up hard hat) speaks with the construction manager during a tour of renovations at the Federal Reserve in Washington, D.C., on Thursday. At left is President Trump, and between Trump and Powell is the director of the Office of Management and Budget, Russell Vought.

Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed’s independence. Experts say he’s not the first president to target the central bank, but he’s the most public and aggressive.

(Image credit: Andrew Caballero-Reynolds)

Written by: Prometheus

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Based in and Broadcasting from the USA we’re the home of 4 Formats around the clock Weekly … 6am till Noon  will satisfy your cravings for the 80s, while at Noon we uncork the Rock and Metal your inner Metal monster Craves. 

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