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Trump downplays talks with Warsh amid Fed independence doubts

He hinted at his long-running desire to see the Fed lower interest rates

President Donald Trump downplayed his frequent talks with Federal Reserve Chairman Kevin Warsh, raising doubts about whether he sought to influence the central bank's decisions. Despite Warsh confirming the calls have occurred regularly, Trump claimed on Monday that he had only spoken to the Fed leader "briefly" once. The president said he has inquired about Warsh's forecasts and opinions, but acknowledged that the final decisions were up to the Fed's board, not just the chairman.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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