President Trump Says Stocks Rose 600 Points Since Kevin Warsh Took Over the Fed

In a brief public remark, President Trump said markets had gained 600 points since Kevin Warsh took over the Federal Reserve, adding that investors appeared to welcome the change.

33d ago

Summary

President Trump said the stock market was up 600 points since Kevin Warsh took over the Federal Reserve, the central bank of the United States. He added, "The markets like you. I think it can only go up." The statement links a recent stock-market gain to Warsh’s leadership at the Fed, suggesting investor confidence in the new central bank direction. No additional figures, timing details, or market index references were provided in the source.

Terms & Concepts

Federal Reserve: The central bank of the United States, responsible for monetary policy, interest rates, and financial stability.
Stock market index: A benchmark that tracks the performance of a group of stocks, often used to describe broad market moves such as point gains or losses.
Monetary policy: Actions by a central bank to manage interest rates and liquidity, which can influence markets, inflation, and economic activity.