Kevin Warsh ‘certainly wants to cut rates’, says Trump after nominating him for Fed Chair

Donald Trump stated that Kevin Warsh, his nominee for Federal Reserve chairman, is eager to cut interest rates. However, Trump supports this goal, he chose not to press Warsh for a commitment on the matter.

Garvit Bhirani
Updated30 Jan 2026, 11:28 PM IST
Fed pick Kevin Warsh ‘certainly wants to cut rates’, says Trump
Fed pick Kevin Warsh ‘certainly wants to cut rates’, says Trump(AP)

President Donald Trump on Friday said that his nominee for the next Federal Reserve chairman, Kevin Warsh, is eager to lower interest rates, a key goal the US leader has long advocated.

“He certainly wants to cut rates. I've been watching him for a long time,” Trump stated at the White House.

However, he added that he did not want to question Warsh on whether he would commit to doing so.

(This is a developing story. More to come)

About the Author

Garvit Bhirani

Garvit Bhirani is a journalist covering national and international news stories. He is a Deputy Chief Producer at LiveMint. He has previously worked f...Read More

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