Fed Chair Kevin Warsh Attributes Inflation to Trump and Jerome Powell in First FOMC Meeting

In his first Federal Open Market Committee (FOMC) meeting as Fed chair, Kevin Warsh subtly blamed former President Donald Trump and outgoing Fed Chair Jerome Powell for elevated inflation. The decision left the federal funds target rate unchanged but drew attention due to its political implications.

By Sean Williams, The Motley Fool Sun, June 21, 2026 at 4:26 PM GMT+3 7 min read · Yahoo Finance · June 21, 2026, 13:26 UTC

Topics: Federal Reserve FOMC meeting inflation Kevin Warsh

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