Fed Chair Warsh declines to say if he has spoken with Trump

Federal Reserve Chairman Kevin Warsh declined yesterday to say whether he has communicated with President Donald Trump since taking office last month. Speaking at a press conference, Warsh said he had no information to provide regarding questions about the president but confirmed he has met with Treasury Secretary Scott Bessent. Warsh added that the weekly meeting between the Fed chair and the Treasury secretary is a long-standing tradition. He said they have met three times so far, with this week being an exception as the secretary is currently overseas.