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Wednesday, August 19, 2026
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Trump bemoans Fed interest rate policy, says U.S. should be paying much less

First publishedAug 19, 20:32 UTC
Last updatedAug 19, 22:04 UTC · 12m ago
11 outletCNBC Top News
CNBC Top News7Trump bemoans Fed interest rate policy, says U.S. should be paying much lessOpen ↗
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7.0/10Source trustoutlet authority
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Answer

President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn't cutting interest rates, insisting that solid economic data shouldn't stop the central bank from adopting an easier policy stance. As he has done in the past, Trump accused Fed officials of having political motives, though he excluded Chairman Kevin Warsh, whom the president nominated to the top position earlier this year.

Reported by 1 outlet — CNBC Top News. See all sources ↓

President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn't cutting interest rates, insisting that solid economic data shouldn't stop the central bank from adopting an easier policy stance. As he has done in the past, Trump accused Fed officials of having political motives, though he excluded Chairman Kevin Warsh, whom the president nominated to the top position earlier this year. Trump said Warsh is doing a "great job" in a position he began in May, succeeding Jerome Powell whom the president regularly badgered for not lowering rates faster. Powell remained on the board as a governor.

Read the full report at CNBC Top News ↗

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In brief
What's the story?
President Donald Trump on Wednesday expressed frustration that the Federal Reserve isn't cutting interest rates, insisting that solid economic data shouldn't stop the central bank from adopting an easier policy stance. As he has done in the past, Trump accused Fed officials of having political motives, though he excluded Chairman Kevin Warsh, whom the president nominated to the top position earlier this year.
How widely is it covered?
1 outlet, average source rating 7.0/10.
When was it last updated?
12m ago.
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    Trump bemoans Fed interest rate policy, says U.S. should be paying much less

    Sources1
    TypeCoverage
    CNBC Top News
Related in the knowledge graph
organizationChairman Kevin WarshorganizationFederal ReserveorganizationJerome Powell
Sources (1)
Avg source rating 7.0/10
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