Trump claims Federal Reserve had become ‘distracted’ as he swears in new chair Kevin Warsh – US politics live

double quotation mark It’s so important, and as we discussed, economic growth doesn’t mean inflation, it can be just the opposite, actually. But economic growth does not mean inflation. You don’t have to stop the world because you’re doing well. Kevin’s also said that he’ll bring much-needed reform and modernization transforming obsolete data collection methods, rolling back reliance on inaccurate models and curtailing the Fed’s practice of issuing so-called forward guidance. The president was hopeful that Warsh would bring about positive economic growth. double quotation mark It became distracted by concerns far removed from its core mission and mandate, drifting into matters such as climate policy and DEI initiatives, with the Fed strength from its mandate, while the last administration blew out the deficit, Americans suffered the worst inflation that we had in history. It was the worst inflation we’ve ever had. As you know, there’s some people say you’re wrong about that. Trump spoke about how he believed the US Federal Reserve had lost its way recently. Please turn on JavaScript to use this feature Trump postpones executive order on AI, citing need to keep 'lead' over China US adjusting presence in Europe ‘shouldn’t be surprise to anybody,’ Rubio says Rubio hints at changes to US involvement in Nato’s force model Trump claims he selflessly gave up IRS settlement in return for $1.8bn fund 'helping others' US is ‘simply choosing not to stop’ Ebola outbreak after massive public health cuts, experts say 13m ago 17.41 BST Trump’s pick for surgeon general sells supplement with ingredient banned by Pentagon Michelle R Smith Donald Trump’s nominee for surgeon general sells an herbal supplement that contains an ingredient prohibited by the US military and which health experts have warned can cause liver damage. Dr Nicole Saphier’s record of selling dietary supplements, which are only loosely regulated in the US, has raised concern among doctors and consumer advocates, some of whom allege she sells “snake oil”. Amazon said it had opened an investigation into the products after the Guardian inquired whether they were in compliance with the company’s policies on supplement sales. “Nobody who prides themselves as rigorous about science is in the supplement business,” said Dr Peter Lurie of the Center for Science in the Public Interest, a food and health watchdog organization. Lurie has been an outspoken critic of what he called wellness industry “grifters” inside health secretary Robert F Kennedy Jr’s Make America Healthy Again (Maha) movement, who he said sold consumers poorly regulated supplements with unsupported claims. The surgeon general is considered America’s doctor, responsible for communicating the best scientific information to Americans about how to improve their health. Previous surgeons general have issued influential warnings on tobacco use and educated the public about Aids. Saphier specializes in breast cancer as a radiologist at Memorial Sloan Kettering Cancer Center in New Jersey and is a former contributor to Fox News. She is Trump’s third pick for the job after his first two failed to advance in the Senate. Saphier and her company, Drop RX, did not respond to several emails seeking comment. “Dr Nicole Saphier is an accomplished physician who has practiced radiology at Memorial Sloan-Kettering and has been an outspoken voice on breast cancer prevention, intrusive COVID-19 mandates, the politicization of science, and the federal government’s role in America’s chronic disease epidemic,” the White House spokesperson Kush Desai wrote in an email. “She will be a powerful asset for President Trump and work tirelessly to deliver on every facet of his Maha agenda.”