Former Federal Reserve Governor Kevin Warsh stated that President Trump did not attempt to influence the Federal Reserve's policy decisions. Warsh, when questioned about his interactions with Trump, declined to comment on their conversations but emphasized that he would remain focused on his responsibilities regardless of any external pressures. He assured that he never received improper requests from Trump or other officials.
Warsh also mentioned that the Federal Reserve would review its tools, including the balance sheet and interest rates, to address inflation concerns. He indicated that a working group briefing is expected in early September, expressing dissatisfaction with current inflation indicators.
Ex-Fed Governor Kevin Warsh Denies Trump Influence on Fed Policy
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