Marketplace · Friday, September 18, 2026
President Trump has publicly criticized the Federal Reserve and Chair Kevin Warsh, advocating for interest rates below 1%. His interactions with the Fed chair and his past attempts to influence personnel decisions have raised concerns about potential political interference in monetary policy, with worries that he may view board members as obstacles to his desired economic policies.
“Interest rates ought to be below 1%, which, I mean, come on.”
“Trump has said as much publicly.”
“So I'm very concerned that Trump's takeaway from all of this, the president's takeaway from all of this may be, ah, the only thing standing in my way of getting the interest rate policy that I want, are the other annoying people on the board.”