Former Fed chairs, foreign investors, and Wall Street analysts responded to President Trump's growing economic influence this week.

On July 22, 2025, former President Donald Trump proposed eliminating capital gains taxes on home sales, sparking debate over its potential economic impact. This bold move, announced during a meeting with the President of the Philippines,

President Trump on Thursday is taking a tour of the Federal Reserve with Chair Jerome Powell in tow. Powell and Trump walked side-by-side in hard hats. Trump was touring renovations at the facility that the administration has taken issue with.

It's understandable the president wants lower interest rates, to temporarily mask the cost of his borrowing binge. But no Fed chair can change the basic math.

When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.