There's really no pressure to move interest rates in one way or another, that you just have to trust he's going to trust his Fed chairman. And I just wanted to be sure that the Treasury Secretary echoed those views 100%, that The President made the decision. I ran the process, President made the decision. I never put my thumb on the scale. For Kevin Warsh, who I'd known for 20 years, I think he's an incredible choice. And the President got there for all the right reasons. (22:27–22:32)
CLAIM
Asserts that the President made the decision regarding the Fed chair appointment.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.