President Donald Trump spent his first term attacking the Federal Reserve over high interest rates, and his second term making cheap borrowing a political priority. So he picked Kevin Warsh, a critic of the Fed's inflation record, demanding alignment. Months in, Warsh raised rates a quarter point anyway the first hike in three years, and a direct contradiction of everything the White House has been asking for. Presenter: Alex Marquardt Guests: Jai Kedia: Center for Monetary & Financial Alternatives, Cato Institute Mihir Torsekar: Senior Economist, Coalition for a Prosperous America Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #ThisIsAmerica #FederalReserve #KevinWarsh #Trump #InterestRates #USEconomy #Inflation #FedChair #Midterms2026 #AlJazeeraEnglish #PowerStruggle #TrumpVsTheFed #MoneyWar #WallStreetShock