Donald Trump Denies Frequent Contact With Fed Chair Kevin Warsh

President Donald Trump downplayed the frequency of his communications with Federal Reserve Chairman Kevin Warsh on Monday, claiming he had spoken to Warsh only once and briefly since the chairman's confirmation in May. This statement contradicts previous assertions from National Economic Council Director Kevin Hassett, who stated last week that the two discuss the economy all the time.

While Trump expressed a desire for the Federal Reserve to lower interest rates, he stated he supports Warsh 100 percent. He further acknowledged that policy decisions regarding interest rates remain the responsibility of the Federal Reserve board. The discrepancy between Trump's comments and reports from his administration has raised questions regarding the independence of the central bank from presidential influence.