Press ReleaseJuly 28, 2025

Job Creators Network Launches Petition Urging the Fed to Cut Interest Rates Now

Washington, D.C. (July 28, 2025)—Today, the Job Creators Network (JCN) launched CutTheRateNow.com, a campaign that is urging the Federal Reserve to lower interest rates. The initiative comes as the White House and Chairman Jerome Powell are involved in a public tug-of-war match on the issue, with President Trump saying, “[w]ell, I’d love him to lower interest rates” while visiting the Federal Reserve on Thursday. 

The JCN campaign is housed at CutTheRateNow.com, a page where visitors can sign a petition urging the Federal Reserve to lower interest rates. The website also features recent inflation data and statistics that compare America’s central bank rates to those of other countries. 

With passage of the tax cuts in early July, polling finds that 70 percent of small businesses plan to hire, expand, raise wages, and reinvest in their communities. But for Main Street to fully take advantage of the policy victory, interest rates need to be lowered because small businesses are currently having a difficult time accessing lines of credit. 

Alfredo Ortiz, Chief Executive Officer of the Job Creators Network, released the following statement: 

“Small businesses experienced a huge victory in early July with passage of the tax cuts, but the economic benefits of the policy are being handicapped by poor decision making at the Federal Reserve. Main Street needs access to strong lines of credit to grow and under current conditions, that just isn’t happening. Chairman Jerome Powell needs to cut the rate now!”

Read Mr. Ortiz’s recent op-ed on the topic here.