Independence, directed
Trump told Warsh to vote with the board. Warsh called it his own sober decision. The Fed's independence just moved to the back office.
Source article: Warsh raises rates for the first time in three years as Trump stands by Fed chair.
Column metadata
- Published
- Pen name
- Editorial Board
- Topic tags
- banking, economy, politics
- Primary entities
- Federal Reserve, Kevin Warsh, Donald Trump, White House, Jerome Powell
- Themes
- Federal Reserve independence, interest rates, White House-Fed relations, central bank communication
- Floor values engaged
- human_life_and_dignity, Accountability of power, Truthfulness