Trump Made Calls to Warsh in Latest Sign of Bid to Influe…

US President Donald Trump has maintained a relationship with Federal Reserve Chair Kevin Warsh, speaking periodically since Warsh's confirmation in May 2026. Trump's inquiries focus on Warsh's forecasts and opinions regarding the economy, though he does not pressure Warsh for specific actions. Reports suggest their discussions are infrequent and it remains unclear if monetary policy has been a topic of conversation.

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US President Donald Trump and Kevin Warsh during a swearing-in ceremony at the White House in Washington in May. Photographer: Yuri Gripas/Abaca/Bloomberg

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By Josh Wingrove and Enda Curran

August 6, 2026 at 9:14 AM EDT

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US President Donald Trump has periodically spoken by phone with Federal Reserve Chair Kevin Warsh since he took the role, people familiar with the matter said, the latest sign of Trump’s effort to exert greater influence over the central bank.

Trump and Warsh have spoken multiple times since the latter was confirmed in May, with Trump inquiring about Warsh’s forecasts and opinions but not pushing him to take any specific course of action, one of the people said, speaking on condition of anonymity to discuss the private conversations. One person said they speak irregularly, and another said their calls are infrequent. It’s unclear if the two have discussed monetary policy.

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Trump Made Calls to Warsh in Latest Sign of Bid to Influence Fed