Trump Jokes About Suing Kevin Warsh After Federal Reserve Nomination

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%.