According to people familiar with the matter, since Kevin Walsh became Chairman of the Federal Reserve, US President Trump has been on the phone from time to time. Trump would ask Walsh for his predictions and opinions, but did not ask him to take any specific action. This is the latest sign that Trump is trying to exert more influence over the Federal Reserve. “President Trump has emphasized time and again that he is giving Chairman Wash the space needed to restore the credibility and expertise of the Federal Reserve's decision-making,” White House spokesman Kush Desai said in an email statement. “As an American citizen, the President has the right to express his views on the Federal Reserve in accordance with the First Amendment; as the commander of the three armies, he also has the responsibility to express opinions on this. At the same time, he has also repeatedly reiterated his support for Chairman Walsh and the independence of the Federal Reserve.”

According to people familiar with the matter, since Kevin Walsh became Chairman of the Federal Reserve, US President Trump has been on the phone from time to time. Trump would ask Walsh for his predictions and opinions, but did not ask him to take any specific action. This is the latest sign that Trump is trying to exert more influence over the Federal Reserve. “President Trump has emphasized time and again that he is giving Chairman Wash the space needed to restore the credibility and expertise of the Federal Reserve's decision-making,” White House spokesman Kush Desai said in an email statement. “As an American citizen, the President has the right to express his views on the Federal Reserve in accordance with the First Amendment; as the commander of the three armies, he also has the responsibility to express opinions on this. At the same time, he has also repeatedly reiterated his support for Chairman Walsh and the independence of the Federal Reserve.”