Trump Slams Fed Interest Rate Policy, Calls for Lower Rates

President Donald Trump has once again criticized the Federal Reserve's interest rate policy. On Wednesday, August 19, 2026, he expressed his frustration with the current rates and stated that the U.S. should be paying 'much less'.

Trump specifically pointed out that other countries have lower policy rates than the U.S. He also praised Federal Reserve Chairman Kevin Warsh, whom he nominated earlier this year, saying he is doing a 'great job.'

In his comments, Trump implied that Fed officials are motivated by politics rather than economic data, although he excluded Warsh from this criticism.