Trump Signals Push to Reshape Fed Through Warsh Talks

1 min read
Source: Yahoo Finance
Trump Signals Push to Reshape Fed Through Warsh Talks
Photo: Yahoo Finance
TL;DR

Bloomberg reports that President Trump has been calling Federal Reserve Chair Kevin Warsh since his confirmation, signaling an effort to influence the Fed while publicly affirming its independence; conversations reportedly focus on Warsh’s views and the economy, not on specific policy moves, with the White House saying Trump is giving Warsh space to restore confidence in decision-making amid inflation, energy prices and global tensions.

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