Trump expects immediate rate cuts from Kevin Warsh
President Trump told CNBC he expects nominee Kevin Warsh to lower interest rates quickly once in office. He also called for a review of Fed construction costs.
Xurve View
Xurve View
President Donald Trump stated on Tuesday that his expectations for the future leadership of the central bank in the United States involve a swift shift in monetary policy. Speaking with CNBC, the president addressed his nominee for Federal Reserve chair, Kevin Warsh, emphasizing the need for immediate action on interest rates.
"I would be disappointed if Kevin Warsh did not cut interest rates right away once he took office after being approved by the Senate."
