Forex

Trump Backs Warsh on Interest Rate Hike Decision

Guavy AI Editorial Team Published August 7, 2026

Instruments

USD

US President Donald Trump has expressed his support for Federal Reserve Chairman Kevin Warsh in an interview, stating that a potential interest rate hike is not solely on Warsh's shoulders.

'It's up to Warsh a little bit', Trump said, implying that the decision is a collective one among the Fed board members.

The President also praised Warsh as 'great' and stated that he would not criticize him, suggesting a positive relationship between the two.

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