President Donald Trump stated that he advised Federal Reserve Chairman Kevin Warsh to 'do what you want' regarding interest rate decisions. Trump also expressed that he does not anticipate Warsh to adhere to his suggestions, emphasizing the importance of the Fed's independence.
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Trump comments on Federal Reserve's independence amid interest rate discussions
President Trump commented on his relationship with Federal Reserve Chairman Kevin Warsh, indicating he has encouraged Warsh to make independent decisions regarding interest rates. Trump noted that he does not expect Warsh to follow his directives.
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Trump says he told Fed chief to ‘do what you want’ ahead of interest rate hike
Trump comments on Federal Reserve's independence amid interest rate discussions