Trump Tells Fed Chair Warsh to Vote as Desired on Rate Decision

President Trump reportedly told Federal Reserve Chair Kevin Warsh to vote as he desired on the interest rate decision. According to AP, Trump spoke with Warsh before the vote on the 16th (local time), stating that he could vote with the board and it would not affect the outcome. Trump added that he hoped Warsh would make an independent judgment. The Fed raised the benchmark rate by 0.25 percentage points on the same day. Warsh did not disclose details of his conversation with Trump regarding the vote.