Trump picked his Fed chair to cut rates. He raised them instead. | This Is America

President Donald Trump spent his first term attacking the Federal Reserve over high interest rates, and his second term making cheap borrowing a political priority. So he picked Kevin Warsh, a critic of the Fed's inflation record, demanding alignment. Months in, Warsh raised rates a quarter point anyway the first hike in three years, and a direct contradiction of everything the White House has been asking for.

Presenter:

Alex Marquardt

Guests:

Jai Kedia: Center for Monetary & Financial Alternatives, Cato Institute

Mihir Torsekar: Senior Economist, Coalition for a Prosperous America


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