Do you think that there is increasing pressure on Fed Chair Warsh to drop rates even though it might not be possible? I am confident that the Fed Chair will optimize the path for both inflation and economic growth. And The President said Chair Warsh is swearing in that he would be independent. that he should do what he wants. And look, the President understands, he and I have talked about it quite a bit that howitzers have taken out more governments or excuse me, the bond market has taken out more governments than howitzers. (40:16–40:24)
CLAIM
Asserts that President Trump stated Fed Chair Warsh would maintain independence.
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.