Trump has grown increasingly angry with the Fed as he has complained that Fed Chair Jerome H. Powell, whom he picked, has raised interest rates too quickly. Here, Conway speaks to the media outside the White House. White House officials say Trump is inclined to stick with Moore, even as some of his advisers increasingly question whether that’s the best path. The White House also signaled support for Cain until shortly before he dropped out. The Fed used to be in close contact with the White House on nominations, but that has stopped.
Source: Washington Post April 30, 2019 23:33 UTC