← The Fed Raises Rates for the First Time Since 2023 as Trump's Own Chair Says "The Plain Fact Is That Inflation Is Too High and Has Been for Too Long" — Trump Answers That Rates "Should Be 1%, or Less," Calls the Board "a Bunch of Politicians," and Says He Told Kevin Warsh "You Might as Well Vote With the Board," While Elizabeth Warren Calls Warsh Trump's "Sock Puppet"
“We have very high regard for Kevin Warsh. Both the president and I have known him forever. … Whatever he does tomorrow, we're going to respect the process and understand that he is doing what he and the committee think is correct.
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