✉news BusinessBanking first seen 20 h ago, last 1 h ago, peak #8
Trump criticises Fed Chair Warsh over rate hike vote
Original: Trump says Fed Chair Kevin Warsh should have voted against the central bank's rate hike
President Trump said Federal Reserve Chair Kevin Warsh should have voted against the central bank's decision to raise interest rates. The comments put fresh public pressure on the Fed's leadership over monetary policy, and are likely to fuel debate about the independence of the central bank and the direction of US rates.
Why now: The president publicly criticising his own Fed chair over a rate decision is an unusual clash with implications for Fed independence.
Donald TrumpKevin WarshFederal Reserve
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