Trump Confirms Brief Conversation with Fed Head Kevin Warsh
US President Donald Trump announced on Monday that he spoke with Federal Reserve head Kevin Warsh last week.
Talking to reporters at the White House, Trump stated that his conversation with Warsh was brief and occurred just a few days ago. He emphasized that while he knows what Warsh would like to do, the Fed's decisions ultimately rely on its board of directors.
'He's going to run it,' Trump said. 'I know what he'd like to do, but he has to run it. He's got a board. It's not only him.' This implies that Warsh is constrained by his role as a Fed official and the need for consensus among the board.