President Trump swears-in Federal Reserve Chairman Kevin Warsh
May 23, 2026
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31:26Now PlayingPresident Trump swears-in Federal Reserve Chairman Kevin Warsh
YouTube Description
as posted by the channelA majority of Federal Reserve officials believe higher interest rates might be necessary if recently accelerating inflation does not cool again, even as incoming Fed chair Kevin Warsh faces pressure to lower borrowing rates.
Minutes from the Fed’s April meeting showed how the war with Iran and corresponding spike in energy prices have roiled the economic outlook and what policy moves the central bank should make. The minutes, released on Wednesday, highlighted how the central bank’s internal debate from when to start cutting rates to whether another hike may be needed.
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