Is Trump really going to sue a not‑yet chair over something that hasn’t even happened?

Feb 5 (Reuters) – U.S. Treasury Secretary Scott Bessent on Thursday declined to commit that the Trump administration would not sue Kevin Warsh, its nominee to lead the Federal Reserve, if he follows a monetary path opposed by the president.

Senator Elizabeth Warren asked Bessent in a Senate hearing whether he would promise that “Warsh will not be sued, will not be investigated by the Department of Justice, if he doesn’t cut interest rates exactly the way that Donald Trump wants.”

“That is up to the president,” Bessent replied in a caustic exchange with the Massachusetts Democrat.

https://www.msn.com/en-us/money/markets/bessent-says-up-to-trump-whether-warsh-might-be-sued-over-policy-choices/ar-AA1VKRR4

The Trump administration has made no secret of its desire to push the monetary easing pedal to the metal, even as the engine is already near the red line. They intend to push the system as hard as possible today and worry about the consequences later. One reason may be to inflate the stock market ahead of the 2026 midterm elections.

There are several indicators that the Trump administration intends to run it hot in 2026.

The first — and most important — is that Trump will likely succeed in consolidating control over the Federal Reserve.

Jerome Powell’s term as Chair of the Federal Reserve is scheduled to expire in May 2026, allowing Trump to appoint his replacement. Powell attempted — largely unsuccessfully — to resist Trump’s pressure for easier monetary conditions.

https://internationalman.com/articles/run-it-hot-trump-the-fed-and-the-coming-currency-debasement/