Trump Admits Fed Chair Pick Was a Mistake, Eyes a Different Path

President Trump has brought back an ancient debate. In an interview with Fox Business on February 10, 2026, he stated that he made a big mistake in picking Jerome Powell as Federal Reserve Chair. Rather, he claimed to have made the wrong choice in favor of Kevin Warsh. The comment was direct. It was unfiltered. And it instantly attracted attention in the market. Trump defined the decision by stating that it was not in line with his economic vision. He emphasized growth. He emphasized momentum. What he meant is that the Fed did not promote such objectives.

💥BREAKING:

🇺🇸 President Trump says he made a big mistake in selecting the Fed Chair.

"Instead of Powell, I should have selected Kevin Warsh in 2017," says Trump. pic.twitter.com/fk02rP95ys

— Crypto Rover (@cryptorover) February 10, 2026

Why Kevin Warsh Still Matters

Kevin Warsh was not a peripheral candidate. He was a federal Reserve Governor between the years 2006 and 2011. He helped to contribute to the world financial crisis and established a legacy as an inflation hawk. Nevertheless, he was also receptive to unusual tools where necessary. In 2017, Warsh was a legitimate candidate. He finished as a runner-up. His recent words indicate some form of regrets on the part of Trump. They are also indicative of incomplete business.

Powell, Rate Hikes, and Political Friction

Trump has not been new in his frustration with Powell. In 2018, the Fed had increased interest rates severally. Trump openly condemned such increases. He argued they slowed growth. According to him, they are detrimental to competitiveness. That stress could not be completely eliminated. Trust was not restored even after the ease in the COVID era. Such a new statement renews that conflict. It puts it back into focus.

Powell’s term runs until 2028. The remarks made by Trump are allusions. Given the opportunity, he can drive towards another direction. One that favors lower rates. One that is focused on asset growth. Such a shift would matter. It would redefine expectations. It would alter the flows of capital. Markets already are listening.

Markets and Bitcoin Implications

Risk assets are driven by monetary policy. More relaxed policy increases liquidity. Fuel to speculation is liquidity. The trend is apparent in history. In 20202021, aggressive easing was in tandem with a 300 percent Bitcoin surge. Businessmen do not forget about that cycle. Consequently, such remarks have power. They affect the long term positioning. They resuscitate macro-narratives of money printing and hard assets.

This is not just a regrettable statement. It is signaling and points out the ways that policy directions can be different. And it strengthens doubtfulness. To traders opportunity is created by uncertainty. It is a strategy maker to long term investors. In any case, Fed is under the limelight again.