politics
Trump says he's spoken to Kevin Warsh once since confirmation as Fed chairman
President Donald Trump is adamant that he is not seeking advice from Federal Reserve Chairman Kevin Warsh, telling reporters he has only spoken to Warsh once since the Senate confirmed him in May.
TL;DR
- President Trump denies a Wall Street Journal report claiming he repeatedly called Fed Chairman Kevin Warsh for advice.
- Trump stated he has only spoken to Warsh once since the latter's confirmation in May.
- The article links the situation to the politics of the economy before an upcoming election, mentioning oil prices and the Strait of Hormuz.
- Trump previously pressured former Fed Chair Jerome Powell on interest rates.
- Trump expressed confidence in Warsh, calling him 'my pick' and 'a great guy'.