Trump Says Warsh Would’ve Lost Fed If He Pledged Rate Hike

Trump Taps 'Whole Package' Kevin Warsh From 'Central Casting' For Fed Chair

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By Josh Wingrove and Hadriana Lowenkron

February 4, 2026 at 7:31 PM UTC

Updated on

February 5, 2026 at 12:48 AM UTC

US President Donald Trump said he would have passed on Kevin Warsh as his nominee to lead the Federal Reserve if Warsh had expressed a desire to hike interest rates.

“If he came in and said, ‘I want to raise it,’ he would not have gotten the job, no,” Trump said Wednesday in an NBC News interview.