“President Trump spent months attacking the Federal Reserve for keeping interest rates too high. On Wednesday, the central bank raised them, and Trump said he was standing by the chairman he picked,” the Wall Street Journal reports.
“The mild response was the clearest sign yet that Fed Chairman Kevin Warsh has, for now, reset a relationship in which the White House treated the central bank as an adversary.”
CNBC: Warsh rate hike reinforces Fed independence after Trump pressure.
?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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A new game every day.