Fed Chair Kevin Warsh Defied President Donald Trump, and 17 Words From His Post-FOMC Meeting Press Conference Suggest He May Do So Again

Fed Chair Kevin Warsh led the FOMC to unanimously raise interest rates by 0.25% to 3.75%-4% in September 2026, defying President Trump's desire for rate cuts. Warsh's statement emphasizing the need for 'sufficient speed' in bringing inflation to the 2% target suggests he may raise rates again later this year, potentially conflicting with Trump's preferences once more.