Trump Backs 'Fantastic' Warsh While Calling for Lower Rates and Citing 'Bad Intentions' of Other Fed Officials In a recent display of presidential posturing, Donald Trump voiced support for Federal Reserve Chairman Kevin Warsh while questioning the motivations of other Fed officials.
This is not an isolated incident; rather, it represents a disturbing trend of interference in the central bank's decision making process.
Trump expressed his admiration for Warsh on Air Force One and implied that the rest of the Fed Board of Governors are driven by politics rather than sound monetary policy decisions.