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Rate cuts and power plays: Can Kevin Warsh serve the US economy under President Trump? | DW News
Posted
April 22, 2026
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18:56Now PlayingUS president Donald Trump wants lower interest rates, but the current head of the Federal Reserve Jerome Powell has resisted. Now Powell's term is up and Trump has nominated Kevin Warsh to replace him, saying he will deliver rate cuts. Questions about the Fed's future independence dominated Warsh's confirmation hearing in the US Senate.
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