Trump says he told Warsh: "You might as well vote with the board"

By C-SPAN

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President Trump on Wednesday evening said he told Federal Reserve Chair Kevin Warsh to vote for an interest rate hike because other Fed officials were expected to do so anyway. "I told — I talked to Kevin, and I said, 'You might as well vote with the board because it's not going to matter," he said after landing in North Carolina for a campaign event. "The board is very hostile. They're very political. They're doing the wrong thing. They're a bunch of politicians.'" The president then told reporters he didn't try to "convince" him to vote a certain way and that he wants Mr. Warsh to be "independent." "I didn't convince him. I said do what you want. I said do what you want because it doesn't matter because he doesn't have the votes," he said. "I want him to be independent, but it's my opinion, I'm very good at this stuff, interest rates are too high." The president said Fed officials, who unanimously voted earlier in the day for a quarter-point interest rate hike, were raising r