@cbsnews: Speaker Mike Johnson says he understands President Trump’s “frustration” with Federal Reserve Chair Jerome Powell, adding that it’s going to be “a rocky road for him” between now and the end of his term in May 2026. Amid Trump's pressure on Powell to cut interest rates, the president is visiting the Central Bank on Thursday. Johnson tells CBS News’ Major Garrett lowering rates “would be a big thing for the economy, and I think [Powell] ought to duly consider that.” Asked whether firing Powell would be dangerous to confidence in the American system, Johnson says he’s “not even sure” what the legal parameters would be for ousting the Fed chairman. #news #politics #gop #trump #federalreserve #powell #economy
"no one person should have that much power" but he thinks Trump should be able to do it........... logic is lost on these guys
2025-07-24 21:11:28
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seanji :
Why is he choosing not to lower the interest rate? What advantage does that offer?
2025-07-24 21:50:43
3
Kyle-o-clean-ism :
His weird smile tells it all, all the time
2025-07-25 00:41:43
2
weouthere0303 :
Jerome Powell is quite literally saving Americans. -Everyone who took economics.
2025-07-25 01:15:03
240
Susie :
Lowering the interest rates will help people buy homes!! 💯
2025-07-24 21:32:50
6
Jerry Benegar :
tariffs make houses to expensive to build
2025-07-25 01:34:53
7
FLCarol :
housing, the reason people can't get into a new home is because they are over inflated! in Florida,between cost of homes, property tax, and homeowners ins, the average person won't qualify for a mortgage, even if the rates are low. you can always refi a home if you buy it right, but you can't if you're upside down. its called inflation , that's why the rates haven't come down
2025-07-25 00:40:33
3
chriscorwin15 :
People aren’t buying houses because they aren’t paid enough to afford them even with 0% interest.
2025-07-24 21:15:53
448
pherdez144 :
This guy is not a leader he is a follower, a joke
2025-07-25 00:46:03
2
sendintheBOOM :
Mike Johnson is a disgrace.
2025-07-24 23:08:30
261
J N I :
TRUMP IS IN THE EPSTEIN FILES
2025-07-24 21:27:59
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GladdyLox :
He’s saved the economy, so we all owe Powell. Trump would have crashed the economy.
2025-07-25 00:41:04
12
Shawn Harley752 :
These crazy republicans won’t be happy until they drive the country into a depression worse than the Great Depression
2025-07-24 21:55:08
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Mark :
it's almost like he's supposed to be the head of an independent agency
2025-07-25 01:18:09
2
Steve Oldroyd787 :
Take interest rates down 3 points and get 85% inflation by the end of the year like Turkey did
2025-07-24 22:19:39
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Robert M. Donnelly :
If you reduce the interest by just a small percentage the price of the house will escalate. You say there is a glut but a short time back there was a shortage of houses causing homes to escalate in price. So which is it you can’t have both a shortage or over abundance? Have a great day and stay safe my friend! ☘️
2025-07-25 16:08:57
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poppy7777🇨🇦 :
usa is cooked once Jerome Powell leaves and trump puts his Jackie in
2025-07-25 00:15:46
7
user7281916537344 :
Mike Johnson is a creep
2025-07-25 01:05:59
18
Bed27 :
Mike Johnson is weak. But so is CBS. Getting on your knees for trump is weak
2025-07-24 22:45:08
57
Bella Chow :
Far too much power for a non government owned entity. They are holding the governments economy hostage.
2025-07-24 22:02:24
2
Look No Further & Assoc. :
he’s a piece of 💩💩💩
2025-07-25 00:03:57
44
PubliusFawkes :
If grump stops tariff threats then they’d be able to bring down rates. Grump brought this on itself. Also, the speaker should focus on their job and pass laws that help make housing more affordable.
2025-07-24 21:13:43
13
RyanS_216 :
Lower the interest rates to afford housing. If they lower the interest rates then the prices of homes are going to soar like never before. So are you better off buying a 400k home at 6% and possibly refinancing later if needed or buying that same home at 550k or 600k at 3%
2025-07-25 01:50:15
3
Scooby_Doo.2020 :
25 % on a credit card is way to high.
2025-07-25 02:24:05
2
matt :
It is designed that way. No manipulations from either side!!!
2025-07-25 01:32:52
2
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