---
title: "Trump personally requested Powell to cut interest rates, and Treasury Secretary Basant opened up a \"second front\" - other operations also have issues"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250023538.md"
description: "U.S. Treasury Secretary Basant: (Aside from the Federal Reserve building renovation project mentioned by the Trump administration) other operations of the Federal Reserve may affect the independence of FOMC monetary policy. The influence of the Federal Reserve has become too large. The Federal Reserve should return to its \"core business.\" I hope to see the Federal Reserve resolve its own issues internally. (Fox Business News)"
datetime: "2025-07-24T20:22:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250023538.md)
  - [en](https://longbridge.com/en/news/250023538.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250023538.md)
generator: "portal-rs"
---

# Trump personally requested Powell to cut interest rates, and Treasury Secretary Basant opened up a "second front" - other operations also have issues

U.S. Treasury Secretary Becerra: (Aside from the Federal Reserve building renovation project mentioned by the Trump administration) other operations of the Federal Reserve may affect the independence of FOMC monetary policy.

The influence of the Federal Reserve has become too large.

The Federal Reserve should return to its "core business."

I hope to see the Federal Reserve resolve its issues internally. (Fox Business News)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**