President Donald Trump slammed Federal Reserve Chair Jerome Powell, accusing the Fed of “misguiding Americans” and losing public trust during a fiery speech at Kevin Warsh’s swearing-in ceremony. Trump declared that the Federal Reserve had “lost its way” under Powell’s leadership and praised Warsh as the man who could restore confidence in America’s central bank. Warsh also pledged major reforms and renewed independence for the Fed amid growing concerns over inflation, interest rates, and the U.S. economy. Watch the full speech, key moments, and reactions as Trump reignites the debate over the Federal Reserve’s future.
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