Trump Backs Warsh, Slams 'Very Political' Fed Officials
US President Donald Trump expressed support for Federal Reserve Chairman Kevin Warsh on Monday, calling him 'fantastic' and confident in his ability to make good decisions. However, Trump also questioned the motives of other Fed officials, saying they are 'very political'. He believes that the US should have the lowest interest rates in the world.
Trump's comments came during a session with reporters on Air Force One, where he praised Warsh but mentioned that he has a board to consider when it comes to Federal Reserve rates. Trump seems to trust Warsh and thinks he will make the right decision, but is skeptical of the other Fed officials' intentions.