Episode

Trump Endorses Warsh on Rates

Podcast
US News Today | 2 Min News | The Daily News Now!
Published
Jun 7, 2026
Duration seconds
98
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Summary

Trump just threw his weight behind Fed Chair Kevin Warsh, openly pushing for lower interest rates despite strong job growth — arguing that high gas prices and economic realities make rate hikes unjustified. This endorsement comes ahead of Warsh’s first meeting as chair, challenging the market’s expectations triggered by solid employment data. Trump’s stance marks a reversal from his past attacks on Jerome Powell, signaling he’s now hoping Warsh will prioritize his vision — even as the Fed’s 12-member committee ultimately holds the final say. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/6487d22d2cb1ffce