Takeaways from Kevin Warsh’s first meeting as Fed chairman.
Asked about the Fed’s decision to maintain interest rates, President Trump told reporters, “It’s alright, whatever.”
Trump later expounded a bit more, when queried about the prospect of a rate hike soon. “It could happen. It’s hard to believe. It just keeps our country down. It’s so unusual.”
But in a sign of a changed tone on the part of the president, he then said this of Warsh: “We have a very good guy over there now, so I’m guided by what he wants to do.”
That’s a pretty noteworthy change for Trump, who savaged Powell in clear and personal terms.
Article source: https://www.nytimes.com/live/2026/06/17/business/fed-meeting-warsh-interest-rates/takeaways-from-kevin-warshs-first-meeting-as-fed-chairman