Trump confirms that Iran wants an agreement with the United States and criticizes the Federal Reserve
Quick Look
- US President Donald Trump insisted that Iran wants to conclude an agreement with the United States to end the war, after the House of Representatives voted in favor of a measure requiring him to end the war.
- Trump also criticized the Federal Reserve's decision to raise interest rates, accusing it of acting for political rather than economic reasons, and defended Fed Chairman Kevin Warsh while accusing the rest of the members of political hostility.
AI-generated summary
Why It Matters
This statement comes in the context of ongoing tensions between the United States and Iran over the nuclear program and regional influence, in addition to an internal American debate about the Federal Reserve’s policies and independence in light of increasing political pressure.
(CNN) - US President Donald Trump insisted again, on Wednesday, that Iran wants to conclude an agreement with the United States to end the war.
Trump said - in response to a question from CNN correspondent Kate Maher - to obtain more details about the negotiation process: “We hope that we are close to the end of the war. They want to conclude an agreement, and we will see how it goes. Iran very much wants to conclude an agreement.”
Trump's statements come after the House of Representatives voted in favor of a measure requiring Trump to end the war.
Seven Republicans supported this measure, more than the four votes Republicans provided for the previous two resolutions on the war.
Commenting on the Federal Reserve raising interest rates for the first time since 2023, Trump defended Federal Reserve Chairman Kevin Warsh, describing him as a “good man,” while accusing the rest of the Federal Reserve Board of “political hostility.”
Trump told reporters after his arrival in North Carolina: “I'm counting on Kevin, but he faces a very difficult board, as you know. He works with a board whose members were appointed by other people, and the interest rates are very high.”
Trump stated that he spoke directly with Warsh about the decision to raise interest rates, saying: “I spoke with Kevin and told him: You can vote for the Council, it will not change anything. The Council is very hostile, their orientations are purely political, and they are behaving wrongly. They are a group of politicians, people appointed by politicians, and it is unfortunate because the interest rate is very high.”
The US President went on to accuse the Federal Reserve of raising interest rates for political reasons instead of economic reasons, saying: “They are raising them for political reasons only, and it is a step directed against Trump.”
Trump also praised his personal judgment on economic matters, saying: "In my opinion, I'm very good at these things; interest rates are very high. We should have the lowest interest rates in the world because we have the best credit rating."
Earlier on Wednesday, during his first comment following the Fed's decision on interest rates, Trump put forth a similar view calling for lower rates in a post on his platform, Truth Social, where he wrote: "Interest rates in the United States should be 1% or less, because we have the best credit rating in the world - by a wide margin. Our country is experiencing a tremendous boom in new investments!"
However, Trump stopped short of directly criticizing Warsh in his post.
Warsh himself refrained from expressing his opinion when asked about the pressure exerted by the American President.
What to Watch
AI outlook — possibilities, not facts
Trump will continue to publicly criticize the Fed's policies in the coming weeks
Likely · Within weeks
Indirect negotiations between the United States and Iran may continue through intermediaries
Possible · Within months
Open Questions
- What are the conditions that Iran seeks to achieve in any potential agreement with the United States?
- Will the House vote lead to actually binding legislation on ending the war?
- What evidence does Trump rely on to accuse the Federal Reserve of making decisions for political reasons?






