US President Donald Trump has stated that the new chairman of the Federal Reserve (Fed), Kevin Warsh, must be completely independent, to the extent that he should not even be dependent on the head of state.
According to “Elchi”, he said this at the White House during the swearing-in ceremony of the regulator’s new head.
According to D. Trump, the Fed chair should focus solely on doing their job and should not be subject to political leadership.
Previously, the US leader criticized the policy of former Fed chair Jerome Powell, stating the necessity of lowering the base interest rate.