Former President Trump Comments on Warsh's Potential Challenges with Fed Board, Reiterates Push to Remove Cook

Deep News06:48

Former U.S. President Donald Trump has indicated that Federal Reserve Chair Kevin Warsh may face difficulties in persuading other central bank officials to align with his preferred monetary policy direction.

In an interview on Thursday, Trump remarked, "He might have a board that's a little bit hostile, and, you know, unfortunately, maybe a board that wants to do the wrong thing."

These comments appear to offer some leeway for Warsh regarding interest rate decisions. For several months prior, Trump had consistently pressured Warsh's predecessor, Jerome Powell, to implement rate cuts.

Trump made these statements in response to the U.S. employment report released earlier Thursday, which showed a significant slowdown in hiring during June. When asked if this mixed jobs report provided Warsh with greater flexibility to cut rates—a policy Trump has actively advocated for—he responded.

Trump said, "He's a terrific person and a very professional person. I know what position he would like to take, but he has to do what he has to do."

Following a U.S. Supreme Court ruling that allows Federal Reserve Governor Lisa Cook to remain in her position temporarily, Trump reaffirmed his intention to continue efforts to have her removed from her post.

Trump stated, "They didn't remand it on the merits, they remanded it on process. So we're going to start the process, and we're going to get it perfect, process perfect."

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So we're going to start the process, and we're going to get it perfect, process perfect.\"<br><br></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VCSH","symbol_name":"美国短期公司债-Vanguard","start_time":0,"source_url":"","article_id":"1168973550","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168973550","pubTimestamp":1783032512,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Former U.S. President Donald Trump has indicated that Federal Reserve Chair Kevin Warsh may face difficulties in persuading other central bank officials to align with his preferred monetary policy...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VCSH":"美国短期公司债-Vanguard","TYO":"3倍做空7-10年期国债ETF-Direxion","SPUU":"Direxion Daily S&P 500 Bull 2x Shares","SKRE":"TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF","BND":"债券指数ETF-Vanguard美国","SPDN":"Direxion Daily S&P 500 Bear 1X Shares","OEX":"标普100","BK4581":"高盛持仓","UPRO":"三倍做多标普500ETF-ProShares","TBIL":"US Treasury 3 Month Bill ETF","IAT":"安硕美国地区银行ETF","TBJL":"Innovator 20+ Year Treasury Bond 9 Buffer ETF - 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For several months prior, Trump had consistently pressured Warsh's predecessor, Jerome Powell, to implement rate cuts.Trump made these statements in response to the U.S. employment report released earlier Thursday, which showed a significant slowdown in hiring during June. When asked if this mixed jobs report provided Warsh with greater flexibility to cut rates—a policy Trump has actively advocated for—he responded.Trump said, \"He's a terrific person and a very professional person. I know what position he would like to take, but he has to do what he has to do.\"Following a U.S. Supreme Court ruling that allows Federal Reserve Governor Lisa Cook to remain in her position temporarily, Trump reaffirmed his intention to continue efforts to have her removed from her post.Trump stated, \"They didn't remand it on the merits, they remanded it on process. 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