💵 Trump vs. Powell

What we’ll cover today:

💵 Trump vs. Powell: The “Too Late” debate

🍔 Uber Eats and Pipe serving up loans

📈 Market buzz on Fed’s September cut

Wells Fargo CEO backs Fed independence 💵

Wells Fargo’s Charlie Scharf says the Fed must stay independent, while Trump loudly pushes for lower rates and calls Powell “Too Late.”

🚨Breaking News
Trump wants big rate cuts, even tried firing a Fed governor. Scharf says presidents can talk, but Fed decides independently.

⚡Wire Simplified

• Trump pressures the Fed to cut rates, calling Powell “Too Late”.

• Wells Fargo CEO supports Fed’s independence.

• Trump attempted to fire Fed Governor Lisa Cook, blocked by a judge.

• Markets expect a September Fed rate cut.

• FedWatch: 90% chance of 25bps cut, 10% chance of 50bps.

✔️Straight to the Point
Fed independence is safe for now, despite Trump’s loud commentary. Markets bet cuts are coming, but the Fed holds the mic.

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Uber Eats + Pipe dish out loans 🍔💸

Uber Eats and fintech Pipe team up to give restaurants fast, no-hassle loans directly inside the restaurant manager app.

🚨Breaking News
Pipe now offers flexible capital via Uber Eats’ app. No FICO checks, approvals in hours, helping small restaurants grow faster.

⚡Wire Simplified

• Restaurants see pre-approved offers in the Uber Eats Manager app.

• Pipe uses AI and transaction data to decide loans.

• 98% of applications get approved, funds in 24 hours.

• Flexible payments tied to restaurant revenue, not fixed.

• Small businesses can expand without banks blocking them.

✔️Straight to the Point
Pipe and Uber Eats simplify loans for small restaurants, cutting out banks. Could this change how local businesses grow and survive?

LEND360 2025
Dedicated to lending innovation, LEND360 brings together online lending professionals to discuss policy, tech, and new financial models.
Date: Oct 6–8, 2025 | Location: Dallas, USA

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22nd NextGen Payments & RegTech Forum 2025
A major European forum focused on payments and regulatory technology, bringing together banks, fintechs, and policymakers.
Date: Nov 6, 2025 | Location: Limassol, Cyprus

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London FinTech Summit 2025
The UK’s premier fintech conference featuring keynotes, panels, and networking with Europe’s top fintech leaders.
Date: Oct 6–7, 2025 | Location: London, UK

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