Trump Expresses Confidence in Warsh, Cites Hostility Within Fed Board
Deep News
1 hour ago
US President Donald Trump affirmed his confidence in Federal Reserve Chairman Kevin Warsh when questioned on the matter, while reiterating his view that interest rates remain excessively high.
Commenting on Warsh, Trump noted that "he is facing a hostile (Fed) board," underscoring tensions within the central bank's leadership.
Trump's remarks come amid ongoing friction between the White House and the Federal Reserve over monetary policy direction, with the president continuing to pressure for lower borrowing costs.
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