Trump: Prefers Warsh or Hassett to lead the Fed; interest rates should not exceed 1% in one year.

According to Odaily, U.S. President Trump said in an interview in the Oval Office on Friday: "Both Kevins (Wash and Hassett) are excellent, and the other candidates are also very good."

According to sources, Trump met with Warsh at the White House on Wednesday for 45 minutes, during which he pressured Warsh to guarantee his support for interest rate cuts should Warsh be elected Federal Reserve Chairman. Trump confirmed this in an interview: "He thinks we have to cut rates, and everyone I've spoken to thinks so." Trump stated that he believes the next Federal Reserve Chairman should consult him when setting interest rate policy.