Nick Timiraos|Oct 01, 2026 15:29
"I don't think they should," said Trump, on the prospect of another Fed rate increase, in his Time magazine interview.
Trump twice says Fed officials (not Warsh) have "Trump derangement syndrome."
Does he regret his choice of Kevin Warsh?
"Well, he's controlled to a certain extent by the board. You know, you have Obama and Biden picks on there... We have Lisa [Cook] on there. We have a lot of people on there that would love for our country to do badly. It's become very political. I don't blame you, Kevin."
"Look, our nation is going through a growth explosion like no nation's ever seen. We're blowing through the interest rates."
Trump says that if it had been up to him, he suggests he'd have preferred Warsh vote against a rate increase.
"But it's a problem because we have a very hostile Fed board. I don't blame Kevin Warsh. I probably would have voted against the board if I were him. But we have a very hostile board, and the board says, 'We want to hurt Trump.' They're not doing this for you. They're doing this because they have Trump derangement syndrome."
"It's pretty bad when they keep raising interest rates, and they only raise them because they have Trump derangement syndrome. And I don't blame Kevin.... And I don't know what he's—I actually said, 'What are you going to do?' But they would rather see the country do badly because I’m president."
https://time.com/article/2026/10/01/donald-trump-2026-interview-transcript/
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