Trump’s new Fed chief may soon have to raise interest rates
President Donald Trump appointed Kevin Warsh as the new Federal Reserve chair. Warsh has previously advocated for cutting interest rates, aligning with Trump's preference for reductions to stimulate economic growth.
President Donald Trump’s new Federal Reserve chair, Kevin Warsh, previously argued that the Fed had room to cut interest rates, a message that made him attractive to a president who has long viewed cuts as a top priority.
