On the recordJuly 20, 2025
The Fed should be cutting rates. And Donald Trump's going to try to figure out how to get there.
Said by
Howard Lutnick
Source
cbsnews.comEditor's note · Context
Discussing interest rates and the Federal Reserve.
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More from Howard Lutnick
Jul 24, 2025
Basically, Americans will have control. Americans will own the technology. Americans will control the algorithm. That’s something Donald Trump is willing to do.
Jul 24, 2025
And those decisions are coming very soon, so let's see what the Chinese do. They've got to approve it. The deal is over to them right now.
Jul 20, 2025
No, see, that's silly. We have a plan called USMCA, U.S.-Mexico-Canada agreement.
Jul 24, 2025
If that deal gets approved, by the Chinese, then that deal will happen. If they don’t approve it, then TikTok is going to go dark, and those decisions are coming very soon.