Mortgage Monday - Trump's Note to Powell | Episode 71
The David Greene Show
David Greene
5 • 653 Ratings
🗓️ 7 July 2025
⏱️ 17 minutes
🧾️ Download transcript
Summary
Summary
In today’s episode of Mortgage Monday, David and Christian cover the back and forth between President Trump and head of the Fed, Jerome Powell. In a bitter feud over whether rates should go down or stay put, Trump wrote a handwritten note to Powell which was leaked across the internet. As inflation has come down, and the job market appears decently steady, Trump wants rates to come down, and come down fast! As Powell holds his ground, the saga over where rates will go continues and David and Christian add their commentary in today’s episode.
Chapters
00:00 The Power of Jerome Powell
06:39 Trump's Handwritten Note to Powell
11:01 The Impact of Interest Rates on the Economy
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Transcript
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| 0:00.0 | Welcome to Real Talk Real Estate, the show where we cover how to build wealth in real estate with no fluff, no BS, and no sales pitches. |
| 0:07.1 | I'm David Green, and I've been doing this for over 10 years. |
| 0:10.1 | I've seen the ups, the downs, and everything in between. |
| 0:12.8 | This is the show where we pull back the curtain and show it to you too. |
| 0:15.9 | So if you want to build wealth through real estate or you just love learning about it, you found your home. |
| 0:21.6 | What's up, everyone? real talk real estate this is mortgage monday i'm david green he's christian bachelorette we are the |
| 0:26.4 | one brokerage and we have got a show that should put a smile on some of your faces today put a smile on |
| 0:32.1 | mine because freaking hilarious donald trump and jerome pal are back at it again. It was first Donald Trump and |
| 0:38.3 | Elon Musk. Now it's back to Donald Trump and old JP. And this is relevant to you and mortgages |
| 0:45.6 | because the head of the Fed, Jerome Powell, has a lot of power over what happens with overall |
| 0:52.6 | interest rates, which indirectly affects mortgage rates. |
| 0:56.0 | We're going to be talking about that today. But before we do, Christian, how's your week, Ben? |
| 1:00.4 | It's been good. Everybody's kind of patiently waiting for who's kind of affectionately called |
| 1:06.6 | the most powerful financial man in the world, right, Jerome Powell. And he's kind of known as when |
| 1:11.2 | the guy speaks, everybody sits up straight and listens, right? I guess him and a rocket man over in |
| 1:17.5 | North Korea, right? Trump always says, I want my people to sit up straight like they do when |
| 1:21.1 | Kim Jong-moon speaks. In America, we sit up straight when Jerome Powell speaks. So he's kind of our |
| 1:26.4 | Kim Jong-moon, which is a very weird comparison. But there's David doing the Trump. If you guys are listening |
| 1:34.3 | on a podcast, David is doing his best Trump dance impersonation right now. It's a, should check |
| 1:38.8 | us out on YouTube if you want to see that live. I was telling my mom yesterday because I went |
| 1:43.0 | back to California for my grandma's |
| 1:45.0 | funeral and we were all together. And I was saying, I'm kind of sad that when he's not president, |
... |
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