Trump Backs Warsh Despite Interest Rate Hike Blame

President Donald Trump has expressed his support for Federal Reserve Chairman Kevin Warsh, despite the central bank's decision to raise interest rates. In a statement, Trump blamed the rate hike on the Fed board, which includes three of his own appointees who voted in favor of the increase.

The move comes as a surprise, given that Trump has been vocal about his opposition to raising interest rates. However, it appears that he is now shifting the blame onto the Fed board.

Trump's comments have sparked controversy, with many questioning why he is backing Warsh if he disagrees with the rate hike. The decision to raise interest rates was made despite Trump's demands for cuts, and it remains to be seen how this will impact the economy.