President Donald Trump said he does not want to have a big influence on new Federal Reserve Chair Kevin Warsh.
The statement addresses the long-standing tension between the U.S. presidency and the central bank, where independence is critical for managing inflation and interest rates without political interference.
Speaking during an interview on NBC’s “Meet the Press,” Trump described Warsh as “fantastic” and said, “I want him to do whatever he wants” [1]. This stance follows the recent transition of leadership at the Federal Reserve, where Warsh was sworn in as the 17th Chair of the institution on May 22, 2026 [2, 3].
Trump said he wants the central bank leader to operate without presidential pressure. In a separate statement, he said, “I want him to be totally independent” [3]. The president further encouraged the new chair to maintain his own course of action, telling Warsh to “just do your own thing” [2].
Warsh takes over the role during a period of significant economic scrutiny. The Federal Reserve's decisions on monetary policy affect everything from mortgage rates to corporate borrowing costs, making the perceived independence of the chair a focal point for global markets.
By publicly distancing himself from the decision-making process, Trump is signaling a departure from previous conflicts between the White House and the Fed. The administration's approach suggests a preference for stability over direct executive control of monetary policy [1, 3].
““Kevin Warsh is fantastic. I want him to do whatever he wants.””
The Federal Reserve's independence is a cornerstone of U.S. economic stability, intended to prevent short-term political goals from triggering long-term inflation. By explicitly stating he will not influence Kevin Warsh, Trump is attempting to reassure financial markets that interest rate decisions will be based on economic data rather than political directives.




