Franco Ordoñez

Trump has gone after members of the Federal Reserve's board of governors like Lisa Cook, you know, in an effort to replace her with more friendly governors, which is another example of how Trump is trying to put pressure on the Fed to lower interest rates.

You know, he actually called Warsh a qualified nominee with, you know, quote, deep understanding of monetary policy.

But he also said that the independence of the Federal Reserve from political interference was non-negotiable.

And that, you know, speaks to what Scott is saying.

And Tillis' view and many critics' views that this criminal investigation was

of the Fed is seen as political interference and, you know, legal maneuvering and doesn't have, you know, any real basis.

Yeah, Trump says they have talked about it, but that Warsh is never committed to doing specifically what Trump wants.

But, you know, look, Trump's not going to pick someone who he doesn't have a strong...

sense that he is going to do this.

And I think that's kind of one of the challenges that Warsh faces, because a lot of people just are questioning whether, you know, whether Warsh will resist Trump.

I mean, Scott's talking about his history and certainly his history speaks to

independence.

But I think there are huge, huge questions that critics are watching, Congress is watching, is how independent can he be?

Can he fight off Trump's campaign for lowering interest rates?

If Warsh does go in and lower interest rates, is it going to be enough or at least

Is it going to be as much as Trump wants?

And I think, you know, it's very, very likely that Trump eventually is not going to be happy.

He may be calling him, you know, straight out of central casting now.

But as we have covered Trump for many, many years, those relationships can sour very, very quickly.

Yeah, Trump was asked about this last week in the Oval Office here at the White House.