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Trump Touts Support for Warsh Amid Fed Independence Doubts

Guavy AI Editorial Team
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PRESIDENT Donald Trump downplayed his conversations with Federal Reserve Chairman Kevin Warsh, sparking doubts about the Fed's independence.

According to Trump, he has only spoken to Warsh 'briefly' once since joining the Fed, despite reports suggesting multiple discussions.

The president hinted at his desire for lower interest rates but emphasized that decisions on monetary policy lie with the Fed's board, not just Warsh.

Trump clarified that he is '100 per cent' behind Warsh and acknowledged the institution's autonomy in making economic decisions.

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