Trump confirms recent call with Fed Chair Warsh, denies regular contact

Published Aug 10, 08:46 PM UTC

President Donald Trump stated on Monday that he spoke with Federal Reserve Chairman Kevin Warsh 'one time, briefly, a few days ago,' denying a Wall Street Journal report that the two had spoken repeatedly since Warsh took office in May. The confirmation comes amid ongoing concerns about the independence of the central bank, as Trump has broken with precedent by publicly weighing in on interest rate policy. Trump has urged Warsh to lower rates but acknowledged the Fed chairman must consider his board. The report follows Trump's renewed effort to fire Fed Governor Lisa Cook. Direct presidential contact with the Fed chair has been rare in recent years, with Trump having only one scheduled meeting with former Chair Jerome Powell since returning to office in 2025.