Trump signals Fed independence ahead of Warsh rate hike

The Washington Post · yesterday
Trump signals Fed independence ahead of Warsh rate hike
  • Trump said he counseled Fed Chair Kevin Warsh to vote for an interest rate hike because other Fed officials were expected to vote that way anyway.
  • Trump told reporters he said "do what you want" to Warsh because Warsh does not have the votes.
  • Trump suggested he does not expect Warsh to follow his directions, saying he wanted the Fed "to be independent."

Quotes

I said do what you want because it doesn’t matter because he doesn’t have the votes,” Trump said to reporters as he was traveling in North Carolina to campaign for a Senate candidate.Donald Trump
to be independent.Donald Trump

Sources