Fed Chair Kevin Warsh leads unanimous 25bp hike, calls decision 'sober'
I’ll bet Senile Satan has been spending his entire day trying to come up with an insulting name for Fed Chair Kevin Warsh. “How about Kevin Worst, Natalie?” “That’s another great one, Mr. President.”
Tell me you know nothing about economics or trade without saying you're an illiterate idiot.
The orange half-wit doesn't understand the most basic principles of economics: 1. A huge national debt (that he has caused) increases interests rates. 2. A trading deficit is not a debt, nor an imbalance. The most embarrassingly thick president in the history of the USA.
Trump’s new nickname is Saddam Insane.
How about Warsh, huh, yeah What is he good for? Absolutely nothing, uhh Warsh, huh, yeah What is he good for? Absolutely nothing Say it again, y'all
Actually, the reverse is true: the rest of the world is carrying US debt, which is made even worse by trmp's tariffs, embezzlement, and crypto deals.
I don’t believe he understands very much. Maybe some former president could explain this to him.
Donald will say Biden appointed Warsh in 5...4...3...
This is more fractally wrong/crazy/bone-stupid than I can fully grasp.
Trump seems to forget about all that #Inflation Republicans intentionally caused with their tariffs and their vanity war with Iran (#EpsteinFury). No one is going to loan money at 1% when inflation is at 4%. Get real!
Him continually thinking a trade deficit is somehow cold, hard cash he can somehow pocket is annoying AF.
Wow, and he routinely touts being a Wharton grad. Two things: I'm just a ne'er do well retired Naval Officer, but even I know that "deficit" and "loss" aren't synonymous. Maybe "gap"? But hey, Naval Officer. Second, Trump really thinks Americans are idiots.
Trump’s handpicked Fed Chair just raised interest rates on him, stating inflation is just too high. Meltdown in 3…2… www.nbcnews.com/business/eco...
Headline: Trump applies 120% tariff on all trade with the Fed LOL
Hahahahaha! It is almost like anyone with a brain knows you can't lower rates with this much inflation.
C’mon thin arterial wall! You can do it.
I think trump wants to destroy our economy, specifically the value of the dollar. Trump’s actions often make no sense, unless you look at them from the perspective of someone trying to harm the economy and other fundamentals of our country-then it all makes perfect sense, and is clearly intentional.
It will be something to behold. SCOTUS and Warsh all in the same week.
He has been fed chair for nearly 12 Scaramuccis. That's a pretty long run, for a Trump MAGAt.
Trump effectively hatched an extortion scheme, telling his handpicked Fed chair that the White House would cut off trade to much of the world in response to a rate hike. Kevin Warsh did it anyway. Was Trump bluffing? (I have a hunch we know the answer to that.) www.ms.now/rachel-maddo...
I'm having one of those moments when I miss having a President and a Congress instead of the Unitary Executive Roberts and the Heritage Foundation conjured to replace them. I miss the Constitution.
Wow Warsh shows some backbone. Too bad the rest of Trumps clown show can't.
Trump cannot bully his way out of high bond yields and higher interest rates. He has found yet another thing in life he knows nothing about. The list is growing!
We are told of the dangers to humanity with AI. Why isn't the the world discussing the danger to humanity by the totally incompetent trump regime. From the super intelligence of AI to the bottom dwelling dumb ass in the WH.
Trump tried to blackmail the Federal Reserve into cutting interest rates. The Fed raised them. The “master negotiator” cannot even control his hand-picked chairman. His tariffs fuel inflation, his threats impress nobody—and Americans pay the bill.
Trump is learning what ‘independent’ means. The Central Bank does not belong to the president.
Ending trade to punish his own country for interest rates, shutting down the Kennedy Center because he can't splatter his name on it, this tantrum toddler is going to hold his breath until the country turns blue. In November. At the midterms.
Less than two months before midterms 🤣. Lots of diaper changes today.
Holy hell, that demon man-baby is going to be tossing ketchup like a mad nutter! Election is coming up- & Kevin W raised interest rates against Piggy's wishes. Poor Piggy. MAYBE THE STRESS WILL FINALLY OVERWHELM HIS SYSTEM AND HE'LL SUFFER A CARDIAC EVENT.
"Time will tell whether Trump and his team follow through, though if the administration does impose new trade restrictions, it would risk making consumer prices even worse"
TRUMP: Kevin Warsh doesn't have the votes. He's got a hostile board. REPORTER: He says raising rates was the right decision and responsible decision TRUMP: Well, I don't know what he's referring to, but I will tell you interest rates are too high. We have the greatest economy in history
All 12 board members voted for the rate hike.
"We have the greatest economy in history". He says this over and over and yet no one follows up with "Based on what metrics?" or "As defined by what?".
I wish I was too high to remember this disaster of a human being.
Why not ask him by what measures? By what measure is the economy good?
Jfc how embarrassing to have HIM as your leader.
If by greatest, you mean 💩iest. Allow us Canadians to gloat over your sinking economy, which is underwater by many, many leagues compared to ours, which is positively skyrocketing.
I expected a tantrum but this is juiceless, tired, sad stuff.
A great economy is exactly when you would want to raise rates to avoid overheating. It’s why rates were raised throughout the late 90s during the dot com boom
The rate decision was unanimous
Penn Economics is up there with Yale Law in utter failures of academic departments to teach its students.
Republicans like #DementiaDon are so out of touch they think our sinking economy is great.
This is that dangerous bubble he lives in. THE RATES WERE RAISED TODAY. DONE.
It is very funny to me that he still thinks 'we have a great economy' is an answer to 'do we need a rate hike?'
Trump is still the dumbest twat this nation has ever seen in a President. He is surrounded by arse-licking morons, and sounds smart only to literal idiots. And yet craven sycophants like Speaker Johnson continue to support him while he burns the country down to the ground. Fucking cowards.
1. BREAKING Fed has raised interest rates by a quarter point, citing persistent inflation, and officials are forecasting another quarter point hike before the end of 2026. Vote was unanimous and included Fed Chair Kevin Warsh, whom Trump selected with the expectation he would lower interest rates.
2. Just three days ago, Trump said the US “should be paying the lowest interest rate in the world.” Trump’s economic advisor Kevin Hassett said ahead of today’s decision that if the Fed raised rates that Trump would not be happy about it.
Trump tried to blackmail the Fed into lowering rates. It raised them. This was more than humiliation: it was the economy issuing an invoice for his tariffs, wars and institutional vandalism. He can bully judges, universities and allies—but not inflation.
Wait until Trump explains that Warsh is actually Bidens fault...
I'm surprised but I guess knowing he cant be fired and doesnt want the GOP obliterated in Nov he did the right thing.
Duck and cover everyone..Trump be madddd
I’d laugh but it’s clearly not a laughing matter The recession that is coming is going to be very ugly - I think about as bad or worse than 2008. I think it hits early in 28.
Fed Chair Warsh on raising rates: “The decision we made today was a sober decision, serious decision, responsible decision, one that we have been preparing for and thinking about in my 110 or 120 days here…I committed to a discipline, a set of principles.”
Oh, the irony. Trump, who so desperately wanted the Federal Reserve to lower its benchmark rate, has—through his inflationary policies (his idiotic war against Iran, resulting in skyrocketing energy prices)—forced that very same Fed to raise rates.
Translation: Powell never left the board and made sure they had the votes internally to raise rates despite what Trump wanted.
Please Big Daddy don't hurt me.
Trump has absolutely no one to blame except himself
He sounds like he's rehearsing what he'll say to Trump. But Trump will interrupt him 3 words in and scream at him for 22 minutes about interest rates, the Epstein Files, Biden, and why Warsh is a failure because he can't magically fix Trump's failing Treasury amid the US bond crisis and $40 T debt.
Disciplined principles isn’t going to go over very well with the wholly unprincipled Serial Criminal and Rapist in Chief. Let the bitch-slapping begin.
Fed Chair Kevin Warsh: "The plain fact is that inflation is too high, and has been for too long. This summer's inflation readings do not tell me that underlying trends have meaningfully improved."
So, in other words Trump’s policies aren’t working.
Behold the power of a SCOTUS carve-out.
Because Warsh's dumb-fuck boss pursues inflation just as violently as he has "pursued" & assaulted women, including very young ones, his entire life.
It's the part he is NOT saying that is a problem. Tariffs and the war in Iran have fueled inflation.
Trump's own hand-picked Fed Chair, Kevin Warsh, just unanimously hiked interest rates to 4% for the first time in three years. Finally, the grand economic plan revealed: fixing the affordability crisis by ensuring nobody can afford a mortgage, car loan, or credit card. Absolute economic genius.
You didn’t mention all the winning, so much winning that we are tired of winning, once!
And the market, Trump’s “economy”-cough, cough-is dropping most days now, hugely today, and all of those folks who didn’t give a shit about anyone else as long as they were making money, are going to sour on him quickly. It had to happen. For retirees, this now sucks too. Are we great yet?🤨
Canada is 2.25% interest rate held steady at 3.0% in August 2026
Do you understand economics? This needs to be done.
Trump is fuming on Truth Social 😂