Commerce Secretary Howard Lutnick Uses Tariff ‘Windfall’ to Pressure Jerome Powell

US Commerce Secretary Howard Lutnick shared a lengthy X post about interest rates, urging the central bank to lower them. He stated that the US government is collecting over $30 billion per month in tariff revenue, which he argues is a positive inflow that reduces Treasury borrowing needs. Lutnick cites Jerome Powell’s testimony that tariff-driven inflation […] The post Commerce Secretary Howard Lutnick Uses Tariff ‘Windfall’ to Pressure Jerome Powell appeared first on Coin Edition.