FW Desk News
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Sunday, September 13, 2026
The Trump administration will back whatever decision Federal Reserve Chair Kevin Warsh and policymakers reach on interest rates, according to White House economic adviser Kevin Hassett. This pledge of unconditional support comes as the administration has pushed for the lowest possible borrowing costs globally. Warsh, Trump's selection to lead the Fed, faces competing pressures as inflation concerns and economic growth considerations shape rate-setting discussions. The commitment to support the Fed's independence signals the White House intends to avoid public friction with the central bank despite ongoing debate over monetary policy direction. Officials have previously advocated for lower rates to support economic activity, though the Fed maintains its dual mandate of price stability and employment.
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