President Donald Trump delivered a highly charged message, signaling that Kevin Warsh supports lower interest rates and making it clear he would never appoint anyone who favors raising rates. The implication was blunt: Trump wants cheap money, rapid growth, and zero tolerance for tight policy. Many are reading this as a direct warning shot at Fed Chair Jerome Powell, whose stance on rates has repeatedly drawn Trump’s anger.
In classic Trump fashion, the pressure is public before it becomes policy. Markets are now on edge, Washington is buzzing, and investors are questioning whether a full Federal Reserve reset is coming. This battle over interest rates is escalating—and the outcome could reshape liquidity, risk assets, and market direction fast.