Warsh's September Calendar Lists No Trump Calls, Though Trump Said They Discussed the Rate Vote
WASHINGTON — The Washington Post reported on November 9 that Federal Reserve Chair Kevin Warsh's most recently released calendar, published last Friday, shows no record of a conversation with President Donald Trump, even though Trump has said he spoke with Warsh about how to vote at the Federal Open Market Committee's September meeting.
According to the Post, it is the fifth calendar since Warsh took office in May to list no meeting or call with the president. Several Senate Democrats asked him this summer to add any such contacts to his publicly released calendars.
Speaking to reporters after the September 16 meeting, Trump said he had talked to Warsh and told him he might as well vote with the Board because it would not matter, adding that Warsh could do what he wanted. The Fed that day voted unanimously to raise its benchmark rate by 25 basis points to a target range of 3.75% to 4.00%, its first increase in more than three years.
At his September press conference, Warsh declined to elaborate on his communications with the president and stressed that the Fed would carry out its dual mandate. Bloomberg and The Wall Street Journal reported in August that Trump had called Warsh repeatedly; Trump said at the time that the two had spoken only once, briefly. The Fed has said the chair's calendar records only scheduled calls and meetings, and his August calendar likewise contained no entry for Trump.
(Source: The Washington Post)
Source: The Washington Post
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Photo: 图：位于华盛顿特区的美联储总部大楼（资料图）。本站档案图复用。 / Photo: The Federal Reserve headquarters in Washington, D.C. (file photo). GSM archive reuse.
