The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

Key Points Donald Trump is publicly pressuring Fed Chair Jerome Powell to cut interest rates sooner, while exploring controversial arguments—including costly Federal Reserve renovations—as potential grounds for dismissal.

Trump lickspittle House Speaker Mike Johnson's flawed logic on why Fed Chair Jerome Powell should lower interest rates was even too much for the Trump lickspittle interviewing him... CNBC's Joe Kernan.

As a result, Hispanic approval of the deportation program and of Mr. Trump more generally is lower today than it was earlier in the term. (For broader context, too, during the 2024 election, Mr. Trump made gains with Hispanic voters and started his term with approval from half of Hispanics. Today he has one-third.)

Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s bid to assert control over the Federal Reserve and drive down interest rates could trigger a surge in inflation expectations that pushes up long-term borrowing costs.

Federal Reserve Bank of Richmond former president Jeffrey Lacker slams US President Donald Trump’s “preposterous idea” for interest rates to be cut three percentage points.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term, it faced concerns in 2020 during a vetting process involving Trump appointees, who called for more “white Georgia marble” for the facade of building.