Trump Says Fed Pick Warsh Can Get Economy to Hit 15% Growth

[progree]

Source: Bloomberg via Yahoo

(Bloomberg) -- President Donald Trump said his pick to lead the Federal Reserve can stoke the economy to grow at a rate of 15%, an exceedingly rosy target that nonetheless underscores the pressure that Kevin Warsh will face if confirmed to the role.

...

If Warsh “does the job that he’s capable” of, then “we can grow at 15%, I think more than that,” Trump told host Larry Kudlow, who was a senior aide in the president’s first administration, in a clip aired Monday. “I think he is going to be great, and he’s a really high quality person.”

It was not fully clear if Trump was referring to year-over-year growth or some other metric. The US economy, which is seen expanding 2.4% this year, has grown at an average annual rate of 2.8% over the past five decades. Gross domestic product has only risen at a 15%-plus pace a few times since the 1950s, including in the third quarter of 2020 as businesses reopened following pandemic-related closures.

. . .

Trump’s comments in the Fox Business interview signal what could prove to be a high-wire act for Warsh. His remarks suggest Trump is not concerned about inflation, which would typically soar under growth rates anywhere near 15% and which has remained stubbornly elevated.

Read more: https://finance.yahoo.com/news/trump-says-fed-pick-warsh-224228701.html

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Published February 9, 2026 at 6:49 PM CST
No paywall and no gimmicks like "gimme your email first" at this Yahoo-hosted article

The latest GDP number is that in Q3, GDP grew at a 4.4% ANNUALIZED RATE in the quarter. (Not that it grew 4.4% during the quarter as some media reports make it sound like)

[unblock]

1. It gets tiring having to listen to this utter idiot

[chouchou]

9. Not to worry. I have it that Donald Trump will have that 15 percent in 2 weeks..Lickidy split!

...and I'm Taylor Swift.

[Enter stage left]

2. Only 15% growth, why not 600%, or 800%, or 1000%...

Like your lowered prices on prescriptions?

Only a measly 15%, surely you can find someone better, possibly one of your kids.

[Deuxcents]

4. That there is anyone..anyone who believes this 💩 is the real issue..and yet..

[jmowreader]

3. Apparently Trump has never been in business

There are a lot of companies that set growth targets - say, four percent per year - and work their asses off to not go above that. If all of a sudden you're seeing commercials for some company that doesn't normally do commercials, this is why.

The reason they do that is runaway growth isn't sustainable. It's also unsustainable in the public sector.

[BootinUp]

5. 4.4 my ass nt

[yaesu]

6. There is really no reason to repeat his daily lies, the con is irrelevant as long as we don't broadcast his propaganda

[patphil]

7. And another statistic that Trump yanked out of his butt hole.

[reACTIONary]

8. What he really means is....

.... 15% inflation.

[Prairie Gates]

10. Trump's comments show him to be an utter fabulist that doesn't even care if he's plausible anymore

He's basically daring the business press to dispute him, and they all have to sit there quietly, knowing full well that 15% growth is as likely as Trump swimming upstream at Niagara Falls.

[joanbarnes]

11. 1000%, 3000%, ..........

[hoosierspud]

12. I think that Trump is now angling for

A Nobel Prize in Economics.

[Historic NY]

13. IN what year ?

[Fiendish Thingy]

14. If he does, inflation and interest rates will also hit double digits

Trump is such a dope.