The US president’s efforts to control the narrative falter, overshadowing policy triumphs, ahead of his UK trip.

The following is the transcript of an interview with Commerce Secretary Howard Lutnick that aired on "Face the Nation with Margaret Brennan" on July 20, 2025.

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 ...