Kevin Warsh accused of manipulating inflation metric to aid Trump‑appointed Fed chair role

President Donald Trump’s nominee for Federal Reserve chair, former Treasury official Kevin Warsh, has been criticized by former Georgia congresswoman Marjorie Taylor Greene. Greene alleges that Warsh is pushing the Fed to adopt a "trimmed‑mean" inflation gauge instead of the standard core personal consumption expenditures (PCE) measure. She argues that the trimmed‑mean metric, which excludes the most volatile price changes, would lower the reported inflation rate from about 3.3 % to roughly 2.3 % and could justify a cut in interest rates.

Greene likened the switch to “common‑core math,” saying it obscures the price spikes that most affect ordinary Americans, such as food and energy costs. She warned that using a reduced inflation figure would benefit Warsh by aligning with President Trump’s desire for lower rates, rather than delivering real relief to consumers. The claim was reported by the Wall Street Journal and echoed in coverage of Warsh’s swearing‑in ceremony at the White House.