Trump Spares Warsh from Rate Hike Criticism
President Donald Trump has given Federal Reserve Chairman Kevin Warsh a pass on criticism despite the central bank's unanimous decision to raise interest rates.
This is an unexpected move, considering Trump had repeatedly attacked his predecessor Jerome Powell for keeping interest rates steady rather than cutting them.
Trump had called for the Fed to lower rates for months, but has now chosen not to criticize Warsh despite the rate hike.