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All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates

Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded Grouped from 2 articles across 2 sources.

2 reports2 sourcesJun 16, 2026, 9:43 AM
FilterABC News
Clustered coverageABC News, CNBC
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ABC NewsJun 16, 2026, 9:43 AM

All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates

Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded

CNBCJun 15, 2026, 8:14 PM

Trump trusts Fed Chair Kevin Warsh. It matters for more than interest rates

New Fed Chair Kevin Warsh is expected to hold interest rates steady this week, but President Donald Trump’s trust gives him room to pursue longer-term changes.

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