Trump Backs Kevin Warsh for Fed Chair on Monday, Demands Lowest U.S. Rates Globally

According to Jin10, on Monday (July 28), President Trump endorsed Fed Chair nominee Kevin Warsh and criticized other Federal Reserve board members for resisting rate cuts. Trump said Warsh is "terrific," but the Fed board includes members he described as "highly political" who oppose lowering rates. Speaking from Air Force One, Trump stated: "Kevin wants to do the right thing. Some people want to hold us back." Trump reiterated his position that the U.S. should have the lowest interest rates globally, arguing that rate cuts would unlock higher GDP growth for the economy.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments