TRUMP PREDICTS 15% GROWTH UNDER WARSH
Donald Trump said his pick to lead the Federal Reserve, Kevin Warsh, could drive economic growth to 15%—a highly optimistic claim that highlights the pressure Warsh would face if confirmed.
In an interview with Fox Business, Trump called it a mistake to appoint Jerome Powell and said Warsh was his “runner-up” choice last time. He emphasized that he wants a Fed chair who will cut rates and dismissed concerns about inflation, even though such growth would normally push prices sharply higher.
The comments signal Trump’s push for aggressive stimulus ahead of midterm elections and suggest a challenging path for Warsh, whose confirmation could be delayed by Senate opposition tied to ongoing disputes over Fed independence.