The post Trump says he is picking Hassett or Warsh for Fed chair because they’ll cut rates to the % he wants appeared on BitcoinEthereumNews.com.

Donald Trump on Friday said he’s down to either Kevin Hassett and Kevin Warsh for the next Federal Reserve chair, telling The Wall Street Journal that both men would help bring interest rates to the level he wants, which is “around 1% or even lower.” Trump explained that Warsh, who once served as a Fed governor, was “at the top of his list,” but added that Hassett, the National Economic Council Director, was just as strong a contender. “You have Kevin and Kevin,” Trump said. “They’re both great.” He also mentioned that a few others were being considered, though he didn’t name them. Trump doubts Warsh will be loyal to him regarding rate cuts Trump met Warsh at the White House on Wednesday for about 45 minutes, pressing him on whether he could “be trusted” to back rate cuts if chosen to lead the central bank. Trump confirmed that conversation, saying, “He thinks you have to lower interest rates, and so does everybody else that I’ve talked to.” The meeting, according to Trump, was part of a broader effort to make sure his next pick for Fed chair won’t resist his push for cheaper borrowing costs. The president said he believes the Fed should once again consult the White House before setting monetary policy, something that, as he put it, “used to be done routinely.” Trump said, “It doesn’t mean I think he should do exactly what we say, but certainly I’m a smart voice and should be listened to.” When asked where he wants rates a year from now, Trump replied, “1% and maybe lower than that.” He said lowering rates would cut the government’s debt costs, adding, “We should have the lowest rate in the world.” Earlier this week, Cryptopolitan had reported that the Fed reduced its benchmark…

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Filed under: News - @ December 12, 2025 9:43 pm