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✉news BusinessBanking first seen 14 h ago, last 30 min ago, peak #8

Trump says Fed Chair Kevin Warsh should have dissented on rate hike

Original: Trump says Fed Chair Kevin Warsh should have voted against the central bank's rate hike

Donald Trump said Kevin Warsh, the Federal Reserve chair, should have voted against the central bank's decision to raise interest rates. The remark adds to Trump's repeated public pressure on the Fed over its monetary policy, and it will fuel debate about political interference in the central bank's independence.

Why now: Trump publicly criticizing the Fed chair over a rate hike touches on the politically charged issue of Fed independence.

Donald TrumpKevin WarshFederal Reserve

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