Inside Trump & Xi’s Two-Hour Meeting and Will Fed Chair Warsh Raise Interest Rates?

NBC News

14 May 2026

With America's munitions depleted because of the Iran war, China sees a strategic opening in Taiwan. NBC News Senior White House Correspondent Gabe Gutierrez takes us inside the Trump-Xi summit in Beijing. Then, the Senate confirmed President Donald Trump’s pick to replace Jerome Powell. NBC News Business and Data Correspondent Brian Cheung introduces us to Kevin Warsh and explains whether the new Fed chair will resist Trump’s calls to dramatically lower interest rates. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.