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Donald Trump on interest rates

From Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’ · · NBC News

“I think Kevin is fantastic, and I want to do whatever he wants and I don't want to have a big influence on him, but we had a great report. We're doing great, and it's unfair that whenever you do great they want to raise interest rates. It should be the opposite way.”

Donald Trump
45th and 47th U.S. President, US Executive Branch & The Trump Organization
Policy Impact interest ratesmonetary policyFederal Reserve

On , Donald Trump, 45th and 47th U.S. President at US Executive Branch & The Trump Organization, spoke about interest rates during Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’ on NBC News.

Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’
Watch on YouTube at 10:31
Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’
NBC News
Watch on YouTube at 10:31
In an exclusive interview with Meet the Press, President Trump addresses the economy amid the war with Iran and says Federal Reserve Chair Kevin Warsh is “fantastic,” adding, “I want him to do whatever he wants” when it comes to setting interest rates.
Donald Trump

About Donald Trump

45th and 47th U.S. President · US Executive Branch & The Trump Organization

President Trump said in a June 2026 interview with NBC's "Meet the Press" that the U.S. military operation against Iran is "not an endless war," describing it as a "military exercise" and stating that Iran's military capabilities have been "largely decapitated." He said the U.S. has a naval blockade that is costing Iran "4 to 500 million dollars a day" and that he is "very close" to reaching a nuclear deal, though he added that if no deal is reached, he would "blow the hell out of them." Trump also said he did not break his campaign promise of no new wars, arguing he had to stop Iran from obtaining a nuclear weapon. During the same interview, Trump said the "weaponization fund" is "a great idea" and that he would pay applicants "the kind of money they deserve," while also repeating unsubstantiated claims that elections are "rigged" and calling the press "crooked." He ended the interview abruptly after clashing with host Kristen Welker over election fraud allegations. On economic matters, Trump praised the June jobs report as "fantastic" and said he wants Federal Reserve Chair Kevin Warsh to "do whatever he wants" on interest rates, while also stating that "there's no reason to raise interest rates" and that growth "does not cause inflation." During a roundtable with Wisconsin farmers, Trump highlighted the elimination of the estate tax, the end of electric vehicle mandates, and the right-to-repair for farm equipment. He also announced a $700 million investment to protect coal plants and mines, invoking the Defense Production Act. On foreign policy, Trump said the Russia-Ukraine war "should have never happened" and that he is "getting close" to seeing it resolved, while noting that Ukraine is now buying U.S. weapons "at full price."

Profile compiled from Donald Trump's verified public interviews and appearances. See all quotes & transcripts →

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