In a room where the lamp flickers like a distant star over a quiet, unremarkable city, President Donald Trump stirred a chorus of opinions with remarks on Fox Business’s Kudlow program, the subject being his own choices around Kevin Warsh, the nominee for Federal Reserve (Fed) Chair.
Short clips on X (Twitter) show Trump declaring he “made a big mistake,” a phrase that quickly became a chorus of speculation about whether he now regrets naming Warsh to the chair.
Trump Admits a “Big Mistake”-But Is It About Warsh or Powell?
In full context, Trump was recalling 2017, when he preferred Jerome Powell to Warsh, the latter once a runner-up in the same contest.
Trump stated that his decision bore the imprint of advice from then-Treasury Secretary Steven Mnuchin, calling it a “really big mistake.”
Far from voicing present remorse, Trump extolled Warsh, portraying him as a “high-quality person” capable of bringing about extraordinary outcomes if confirmed.
Video remains unseen by the senses, yet the echo persists.
The marquee line, if Warsh “does the job that he’s capable of,” suggested the economy might flourish as much as 15%. A projection that would exceed the lofty peaks of the most prosperous years by a wide margin, a dream whispered in a drawing-room where reason and hope glare at each other across the velvet curtain.
Such remarks have kindled a chorus of debate, with whispers that Warsh could be set as a “fall guy” should those aspirations wane.
“…drive economic growth to 15%-a highly optimistic claim that underscores the pressures on Warsh if confirmed… a sign of Trump’s preference for brisk stimulus before the midterms and a difficult path for Warsh,” observed Walter Bloomberg, a noted market commentator.
Meanwhile, the remarks hold clear currency in markets. Analysts and crypto commentators read Trump’s enthusiasm as an indication that the next Fed leadership may favor gentler terms, easier liquidity, and policies meant to foster growth.
“Trump is signaling lower rates and stronger liquidity… This might be the clearest signal yet that the next Fed direction could lean toward growth and liquidity,” said analyst Bull Theory.
With a chair ready to ease rates and set inflation concerns aside, such growth could push prices higher in a hurry, like a carriage rushing toward an unseen bend on a moonlit road.
Warsh Nomination Sends Ripples Across Crypto, Markets, and Social Media
Posts on X hint at possible consequences for Bitcoin, gold, and other risk assets. The mood suggests Warsh’s policy approach could usher in easier conditions, reminiscent of yield-curve practices or a quiet coordination between Treasury and Fed.
Kevin Warsh’s Fed-Treasury accord idea matters for one reason:
It would link the Fed’s balance sheet more directly to government financing needs.
Think about it. If large bond purchases require Treasury coordination, then long-term rates stop being purely market-driven and…
– Nic (@nicrypto) February 9, 2026
Yet miscaptioned clips and out-of-context fragments have driven a surge of engagement, with some speculating about alternate nominees like Judy Shelton or questioning Warsh’s eventual withdrawal.
Polymarket shows modest odds: about 3% that Shelton might be nominated, contrasted with roughly 95% for Warsh.
Fact-check streams and complete-clip posts attempt to set straight that Trump’s “mistake” comment referred to the past rather than the present nomination.
Memes, commentary, and musings about inflation and debt mingle with talk of Fed independence, turning this into one of the more viral economic conversations on X of late.
Warsh himself bears a history bridging traditional central banking with a cautious openness to new financial currents. A former Fed Governor (2006-2011) and Hoover Institution senior fellow, he is known as an inflation hawk who favors fiscal restraint and a smaller Fed balance sheet.
His personal stake in cryptocurrency-through investments in projects like Basis and Bitwise-paints him as a man who views Bitcoin less as a coin for commerce and more as a store of value.
Public sentiment suggests his tenure could indirectly buoy risk assets by affording macro stability and a transparent long-term policy path. Yet a direct crypto rally seems unlikely until he takes office in May 2026 and policy steps unfold.
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2026-02-10 11:11