Trump Says Fed Board Is 'A Little Bit Hostile,' Warsh 'Has to Do What He Has to Do' on Rates
- In a CNBC interview, President Trump said new Fed Chair Kevin Warsh faces a board that is "a little bit hostile" and declined to give specific rate guidance, per MarketWatch.
- Trump reiterated his intent to remove Fed Governor Lisa Cook despite a Supreme Court ruling against him, saying he plans to "win the case."
- Comments inject fresh political pressure on the Fed one day after Warsh's Sintra remarks roiled gold and the yield curve (see BotNews #104).