Hassett Says Trump, Fed Chair Warsh Regularly Discuss Economic Issues by Phone
Kevin Hassett, director of the White House National Economic Council, said in a recent interview that President Donald Trump and newly appointed Federal Reserve Chair Kevin Warsh regularly speak by phone about economic issues. Hassett said Trump respects the Fed’s independence and that he was confident the president would not pressure the Fed chair over interest-rate decisions. Regular calls between Trump and Warsh are considered highly unusual in the history of relations between the White House and the Federal Reserve, according to the report. They have raised concerns that the president may be seeking to influence Fed policy decisions. CCTV News was cited as the source.
Kevin Hassett, director of the White House National Economic Council, said in a recent interview that President Donald Trump and newly appointed Federal Reserve Chair Kevin Warsh regularly speak by phone about economic issues.
Hassett said Trump respects the Fed’s independence and that he was confident the president would not pressure the Fed chair over interest-rate decisions.
Regular calls between Trump and Warsh are considered highly unusual in the history of relations between the White House and the Federal Reserve, according to the report. They have raised concerns that the president may be seeking to influence Fed policy decisions. CCTV News was cited as the source.
Hassett said Trump respects the Fed’s independence and that he was confident the president would not pressure the Fed chair over interest-rate decisions.
Regular calls between Trump and Warsh are considered highly unusual in the history of relations between the White House and the Federal Reserve, according to the report. They have raised concerns that the president may be seeking to influence Fed policy decisions. CCTV News was cited as the source.