Trump stated Fed nominee shares his opposition to rate hikes and emphasized certainty of cuts, while pursuing removal of Lisa Cook over alleged mortgage fraud.
U.S. President Donald Trump said he would not appoint Kevin Warsh as Federal Reserve chair if Warsh backed interest rate hikes, reaffirming his view that rates are too high and predicting imminent cuts. Trump claimed the Fed nominee understands his stance on monetary easing. He also reiterated his push to remove Fed Governor Lisa Cook, citing mortgage fraud allegations under Supreme Court review. The remarks show Trump's continued influence on Fed policy and leadership selections.