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Trump Defends Fed Chair Amid Interest Rate Row

Guavy AI Editorial Team
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At an evening rally in North Carolina on September 16, 2026, President Trump defended his choice for Federal Reserve chair, Kevin Warsh. When asked about Warsh's decision to raise interest rates despite Trump's opposition, Trump stated that 'it doesn't matter' due to a hostile board of governors who are raising rates 'only for political reasons.'

Trump said the current interest rate is too high and should be lower given the country's strong credit. He claimed that if interest rates were lowered, the US could pay off its debt quickly and make significant savings.

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