Trump said Fed Chair Kevin Warsh may be unable to force through his preferred monetary policy because fellow governors are “a little bit hostile” and may “want to do the wrong thing.”
In a CNBC interview on Thursday, Trump framed the obstacle as internal resistance at the Federal Reserve rather than a lack of authority by the chair.
The remarks spotlight potential division inside the 7-member Fed board, suggesting policy under Warsh could hinge on persuading colleagues rather than directing them.