Trump Denies Frequent Conversations with Fed Chair Warsh
President Donald Trump has clarified his communication with Federal Reserve Chairman Kevin Warsh. According to Trump, he spoke only once briefly with Warsh since May 2026, denying reports of multiple conversations. This statement comes amid concerns about Fed independence as Trump has publicly pressured the Fed to lower interest rates.
Warsh maintains that he will decide on rates independently despite being open to hearing from the president. The rare direct contact between the president and Fed chair highlights ongoing tensions over monetary policy.