Economy·October 20, 2026 at 9:04 AM EDT·1 source
No wonder the White House wants Warsh to cut: A 1% Fed rate hike costs the Treasury an extra $95 billion a year in national debt interest
Economy
What happened
- A 1% Federal Reserve rate hike would cost the Treasury an additional $95 billion a year in national-debt interest.
- Analysts said the growing interest burden materially increases the government’s financing needs, even if primary deficits remain largely unchanged.
Rate increase
1%
Additional annual interest cost
$95 billion
Why it matters
Higher rates increase Treasury financing needs and are relevant to government-debt markets, fiscal policy analysis and corporate-finance professionals monitoring benchmark borrowing costs.
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Who is involved
No wonder the White House wants Warsh to cut: A 1% Fed rate h…Federal ReserveTreasuryWhite HouseWarsh
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