Trump rips ‘hostile’ Fed board after interest rate hike but defends Warsh
President Donald Trump criticized the Federal Reserve for being “hostile” after its decision to raise interest rates, while choosing not to criticize Chairman Kevin Warsh, whom he appointed earlier this year. Trump indicated that Warsh’s options were limited due to the prevailing conditions at the Fed. The article also promotes subscription offers for the Washington Examiner, emphasizing access to exclusive news, analysis, adn commentary, and providing options for existing members to log in.
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 hands were tied due to the current state of the Fed.
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