Trump Jokes About Suing Kevin Warsh After Federal Reserve Nomination

#WashingtonDC, #USA
Donald Trump joked about suing Federal Reserve nominee Kevin Warsh during a dinner if he fails to lower interest rates, later describing the comment as a comedy roast.Former economic advisor Gary Cohn praised the selection of Kevin Warsh as a return to traditional norms while Senator Thom Tillis threatened to block the confirmation until a probe into Jerome Powell concludes.Kevin Warsh expects that artificial intelligence will lower costs and allow for interest rate cuts following a period where the central bank kept rates at 3.5% to 3.75%.
Tags
#KevinWarsh#FederalReserve#DonaldTrump#USA#JeromePowell#GaryCohn#ThomTillis#LisaCook#StanDruckenmiller#JanetYellen#BenBernanke
Read more
New York Post CBS Corriere
Discuss

#FederalReserve