Trump rips ‘hostile’ Fed board after interest rate hike but defends Warsh

Fed Chairman Warsh Escapes Trump’s Ire Over Interest Rate Increase

The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism.

Sep 17, 2026

Trump blames Fed board, not Warsh, for rate hikes

President Trump Wednesday praised Federal Reserve Chair Kevin Warsh, blaming the board instead for the interest rate increase. “I’m relying on Kevin, but he’s got a very tough board,” Trump told reporters after landing in North Carolina. “He’s got a board that was put there by a lot of other people.” “I told Kevin, I…

Sep 16, 2026

Trump rips ‘hostile’ Fed board after interest rate hike but defends Warsh

President Donald Trump tore into the “hostile” Federal Reserve after the board voted on Wednesday to raise interest rates but held back criticism of Chairman Kevin Warsh, whom he tapped to lead the central bank earlier this year. Speaking with reporters in North Carolina, Trump was asked about the interest rate decision. The president said Warsh’s […]

Sep 17, 2026

Trump Rips Fed Rate Hike But Gives Kevin Warsh A Pass

President Donald Trump ripped the Federal Reserve after it hiked its benchmark interest rate for the first time in more than three years—but Trump spared Fed Chairman Kevin Warsh. “Interest rates in the United States should be 1%, or less, because we are the best credit in the world—by far,” Trump wrote on Truth Social ...

Sep 16, 2026