The president has bashed outgoing Federal Reserve chair Jerome Powell for not cutting interest rates enough.

The remarks come despite the intense pressure campaign from the White House on outgoing Fed Chairman Jerome Powell to cut interest rates.

By Victor Reklaitis and Greg Robb

The president has bashed outgoing Federal Reserve chair Jerome Powell for not cutting interest rates enough.

Warsh faces more political pressure to deliver lower rates than any other Federal Reserve chair in recent memory.

Trump swore in Kevin Warsh as Fed chair and called him "totally independent." With inflation at 3.8%, Polymarket traders are betting on a hike, not a cut.

Trump swore in Kevin Warsh as new Fed Chair, criticizing prior leadership for high inflation. With rates at 3.8%, here's what it means for crypto markets.