MarketWatch
Trump blasts ‘hostile’ Fed and says Warsh ‘has to do what he has to do’ on interest rates
Thursday, July 2, 2026
Donald Trump said the Federal Reserve is "hostile" and indicated he would work to remove Federal Reserve Governor Beth Cook, according to statements made at an event. Trump also said regarding Kevin Warsh, whom he has nominated as Federal Reserve chair, that "he has to do what he has to do" on interest rate decisions. Trump previously stated his intent to remove Cook from her position at the central bank.
