Trump Calls Fed Chair Warsh Amid Secret Economic Discussions

President Trump has been in regular contact with Federal Reserve Chair Kevin Warsh since his swearing-in on May 22, 2026. The two men have spoken multiple times about various topics, including the economic fallout from the Iran conflict and developments in artificial intelligence. While no confirmed discussions about monetary policy have surfaced, some speculate that these conversations may be more consequential.

Warsh's four-year term runs through May 21, 2030, and he has been praised by Trump as 'fantastic' and 'brilliant'. During his confirmation process, Warsh disclosed investments in over 30 crypto-related projects, with estimated assets ranging from $131 million to over $209 million.

As the new Fed chair, Warsh has pledged a 'regime change' in Fed policy to tackle inflation. However, other board members have reportedly pushed back against aggressive easing, raising concerns about the potential for political pressure on monetary decisions.