Trump: Fed Chair Warsh Will Act on His Own Judgment

The significance lies less in the endorsement itself than in the contrast with Trump's prior public pressure on the Fed over rates. A sitting president explicitly ceding rate decisions to the chair's own judgment is a notable shift in tone, though the phrasing leaves room for interpretation about how durable that deference is. For crypto and RWA markets, which trade sensitive to rate expectations, the open question is whether this restraint holds if policy diverges from the administration's preferences.