Will Warsh Support Trump Lower Rates Agenda?
Kevin Warsh is likely to partially support Trump's push for lower interest rates, given his recent public statements aligning with easier monetary policy, though his historical hawkish stance suggests he'd prioritize inflation control over blind loyalty. Analysts view him as pragmatic, potentially dovish now amid current economic conditions, but not a guaranteed "yes-man" for aggressive cuts. Recent Shift in Views Warsh has voiced support for reducing the Fed's bloated balance sheet to enable lower rates for households and small businesses, criticizing the current Fed's "tyranny of the status quo." In op-eds and interviews, he's argued inflation stems from government spending, not wages, echoing Trump's pro-growth agenda like AI and tariffs. This marks a pivot from his past opposition to low-rate policies post-2008 crisis. Potential Limits As one of 12 FOMC voters, Warsh couldn't unilaterally slash rates even as chair; he'd need broader …
