Politics

Trump's Response to Rate Hike Possibility

Updated 2026-05-20 17:20 UTC 1 source Neutral

President Trump appeared indifferent about the possibility of incoming Federal Reserve chair Kevin Warsh raising interest rates. This contrasts with his previous criticism of outgoing chair Jerome Powell.

Coverage timeline — 1 article
Axios
President Trump has spent much of his term bashing outgoing Federal Reserve chair Jerome Powell for not cutting interest rates enough. On Tuesday, he seemed surprisingly blasé about the possibility that incoming chair Kevin Warsh might end up raising them.Driving the news: </strong
2026-05-20 16:04 UTC
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