Trump wants new Fed chair to be 'totally independent'
The US president piled major pressure on Kevin Warsh's predecessor to cut interest rates.
Coverage by Political Leaning
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Notable Quotes
"I really mean this, I want Kevin to be totally independent. Don't look at me, don't look at anybody, just do your own thing and do a great job, okay."
— Donald Trump , Politician
"these years can bring unmatched prosperity that will raise living standards for Americans from all walks of life."
— Kevin Warsh , Executive
"I want Kevin to be totally independent. I want him to be independent and just do a great job. Don’t look at me, don’t look at anybody, just do your own thing and do a great job."
— Donald Trump , Politician
"I want Kevin to be totally independent. I want him to be independent and just do a great job."
— Donald Trump , Politician
"I want him to be independent and just do a great job. Don’t look at me, don’t look at anybody, just do your own thing and do a great job."
— Donald Trump , Politician
"Thankfully, unlike some of his predecessors, Kevin understands that when the economy is booming, that’s a good thing."
— Donald Trump , Politician
"I want Kevin to be totally independent, I want them to be independent and just do a great job."
— Donald Trump , Politician
"With the support and strong and wise chairmanship at the Federal Reserve, so important America's future will truly be unlimited with Kevin, with Kevin at the helm."
— Donald Trump , Politician
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?"
— Donald Trump , Politician
""It's the honor of a lifetime to be called back into public service, and with this oath, I've accepted a high and solemn responsibility.""
— Kevin Warsh , Executive
""I want Kevin to be totally independent. I want him to be independent and just do a great job.""
— Donald Trump , Politician
"I want the new Fed chair to be totally independent."
— Donald Trump , Politician
"I want Kevin to be totally independent. I want him to be independent and just do a great job."
— Donald Trump , Politician
"Don't look at me, don't look at anybody, just do your own thing and do a great job."
— Donald Trump , Politician
"I want Mr Warsh to be 'totally independent'."
— Donald Trump , Politician
"A little bit of movement was made over a possible deal."
— Marco Rubio , Politician
"The minutes struck a hawkish tone."
— Michael Pearce , Academic
"With the Fed straying from its mandate, while the last administration blew out the deficit, Americans suffered the worst inflation that we had in history."
— Donald Trump , Politician
"Kevin will restore confidence in the Fed, which is so important."
— Donald Trump , Politician
"I will be an independent actor."
— Kevin Warsh , Executive
"I want him to be independent and just do a great job. Don’t look at me, don’t look at anybody, just do your own thing and do a great job."
— Donald Trump , Politician
"Our mandate at the Fed is to promote price stability and maximum employment."
— Kevin Warsh , Executive
"Kevin Warsh starts his tenure with his credibility in tatters. Having proven himself to be Donald Trump’s sock puppet, I worry Mr. Warsh will prioritize the President’s political interests over the economic well-being of American families."
— Elizabeth Warren , Politician
"I want Kevin to be totally independent. I want him to be independent and just do a great job."
— Donald Trump , Politician
"Unfortunately, in the eyes of many, the Fed lost its way in recent years..."
— Donald Trump , Politician
Key People
Brett Kavanaugh is an Associate Justice of the Supreme Court.
Christopher Waller is a member of the Board of Governors of the Federal Reserve System.
Clarence Thomas is an Associate Justice of the Supreme Court.
Condoleezza Rice is a former U.S. Secretary of State.
Dan Quayle is a former Vice President of the United States under President George H.W. Bush.
Former president of the United States known for his aggressive economic policies.
Elizabeth Warren is the top Democrat on the Senate Banking Committee.
Spouse of Kevin Warsh and member of the Lauder family known for the Estee Lauder cosmetics company.
Jerome Powell is the Chair of the Federal Reserve.
Kevin McCarthy is a U.S. politician serving as the House Minority Leader.
Kevin Warsh is the Federal Reserve's new chief.
Governor of the Federal Reserve, noted for her work on economic policy.
U.S. Secretary of State.
Chief US economist at Oxford Economics.
Thom Tillis is a United States Senator from North Carolina.
Tags
All Coverage
The US president piled major pressure on Kevin Warsh's predecessor to cut interest rates.
During the swearing-in ceremony, President Trump urged Kevin Warsh to lead the Federal Reserve independently, without external influence.

President Trump expressed his desire for Kevin Warsh to lead the Federal Reserve independently, without external influence.
Despite President Trump's previous pressure on the Federal Reserve, he now claims to want the central bank to remain independent under Kevin Warsh's leadership.
President Trump, who previously pressured the Federal Reserve to lower interest rates, now claims he wants the central bank to be independent under Kevin Warsh's leadership.

President Trump emphasized the independence of Kevin Warsh, the new Federal Reserve chair, urging him to let the economy 'boom'.
Kevin Warsh was sworn in as the new Federal Reserve chair, with President Trump expressing his desire for him to be independent in his role.
President Trump emphasized the independence of Kevin Warsh, the new Federal Reserve chair, urging him to let the economy 'boom'.
Kevin Warsh assumed office as US Federal Reserve chairman, with markets anticipating potential rate increases amid rising inflation concerns.
President Donald Trump participated in the swearing-in ceremony for new Federal Reserve chairman Kevin Warsh, encouraging his complete autonomy as chief of the central bank. Trump emphasized that Warsh should operate independently and focus on doing a great job without external influence.
Kevin Warsh was sworn in as the new Federal Reserve chair, with President Trump emphasizing the importance of his independence in the role.
President Trump emphasized the independence of Kevin Warsh, the new Federal Reserve chair, urging him to let the economy 'boom'.
President Donald Trump, who previously pressured former Fed Chair Jerome Powell to lower interest rates, claimed he wants his new pick, Kevin Warsh, to be 'totally independent.' Trump emphasized that Warsh should focus on doing his own thing and doing a great job without external influence.
President Trump instructed Kevin Warsh to operate with complete independence, avoiding external influence in his decision-making.
Kevin Warsh assumed his new role as chair of the Federal Reserve, with President Donald Trump emphasizing his desire for Warsh to be 'totally independent' in his leadership role. Trump urged Warsh to focus on doing a great job without looking at him or anyone else for guidance.
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