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Trump Says He Talked to Warsh. What Does That Mean for Fed Independence?

WSJ What’s News

P.M. Edition for Sept. 17. Yesterday’s interest rate increase from the Fed seemed to some like an assertion of the central bank’s independence. But afterward President…

0:00 13:15

Episode Summary

P.M. Edition for Sept. 17. Yesterday’s interest rate increase from the Fed seemed to some like an assertion of the central bank’s independence. But afterward President Trump revealed that he and Warsh had a conversation before the decision was announced. WSJ Washington bureau chief Damian Paletta discusses what we know and what this could mean…

Published September 17, 2026 · 13:15

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