MNI BRIEF: Trump Says Expects Warsh To Cut Fed Rates

President Donald Trump Friday said his pick to be the next chair of the Federal Reserve, Kevin Warsh, did not make any promises to lower interest rates, but the president expects the next chair to lower rates. 

Asked whether Kevin Warsh committed to the President to lower interest rates, Trump said: "No. But we talk about it, and I've been following him, and I don't want to ask him that question. I think it's inappropriate, probably, probably would be allowed, but I want to keep it nice and pure. But he certainly wants to cut rates. I've been watching him for a long time." (See: MNI POLICY: Warsh Could Reshape Fed On Rates, Communication) 

"He was the central casting guy," Trump said in the Oval Office. "He's got the whole package and I think he's going to do a great job."