Trump Harasses New Fed Chair Warsh with Personal Calls to Unprecedented Levels, Sparking Concern
Trump has sought Warsh’s views on the economy and the war in Iran as pressure grows over the Federal Reserve’s independence.
- President Donald Trump has been frequently calling Federal Reserve Chair Kevin Warsh to discuss economic issues, the Wall Street Journal reported Thursday, violating precedents meant to insulate central bankers from the political cycle.
- Trump contacts Warsh in "bursts" seeking advice on politicized topics including the war in Iran and artificial intelligence, a relationship that has "animated concerns" about the central bank's independence.
- Last Wednesday, the president called Warsh a "brilliant guy," despite the chairman's lack of initiative in enacting the rate cuts Trump has been desperately pushing for.
- White House spokesman Kush Desai stated the President has a "duty as Commander in Chief to voice his thoughts," while maintaining he is giving the chairman space to restore confidence in the Fed.
- Federal Reserve chairmen are meant to serve 14-year terms to outlast any one president, a structural separation codified by the Federal Reserve Act to keep political influence out of economic decisions.
19 Articles
19 Articles
Trump Made Calls to Warsh in Latest Sign of Bid to Influence Fed
Trump fawns over Fed chair's good looks during talks sparking 'animated concerns': report
President Donald Trump has a new phone pal, calling his recently appointed Federal Reserve chair at all hours for advice while expressing admiration for his looks, according to a new report. The president's constant contact with Fed Chair Kevin Warsh has been raising concerns about the Federal Reserve's independence and Trump's obsession with appearances, the Wall Street Journal reported Thursday. "The president calls Warsh in bursts, the people…
Trump Said to Call Warsh In Latest Signal of Push to Remake Fed
US President Donald Trump has periodically spoken by phone with Federal Reserve Chair Kevin Warsh since he took the role, people familiar with the matter said, the latest sign of Trump’s effort to exert greater influence over the central bank.
Coverage Details
Bias Distribution
- 42% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
















