Trump says he would be ‘disappointed’ if Fed chair nominee Kevin Warsh did not cut interest rates – US politics live

Warsh faces Congress confirmation hearing to succeed Jerome Powell when his term ends on 15 May

Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates

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Donald Trump said that he does not want to extend the two-week ceasefire with Iran, in an interview with CNBC. “I dont’ want to do that. We don’t have that much time,” the president said. The pause is set to expire tomorrow, and vice-president JD Vance will lead last-ditch talks in Islamabad today, in the hopes of striking a deal with Tehran.

However, speaking to Joe Kernen, Trump said that he plans to resume strikes if negotiations collapse. “I expect to be bombing because I think that’s a better attitude to go in with,” the president added. “But we’re ready to go. I mean, the military is raring to go.”