Federal Reserve Chair Waller said at a July 15 hearing on the Fed’s semiannual monetary policy report that he would not discuss whether he had spoken with Donald Trump, declining to share the contents of any conversation between them. Waller said Trump had not attempted to influence the Federal Reserve’s conduct of monetary policy. He added that if the president did try to affect policy, he would take it in stride and stay focused on his job. Waller also said he would not feel uncomfortable receiving a call from Trump or from the chair of the Senate Banking Committee. According to his remarks, Trump has never asked him to do anything improper, and he would not do so even if such a request were made.
Federal Reserve Chair Waller said during a July 15 hearing on the Fed’s semiannual monetary policy report that he would not comment on whether he had spoken with Donald Trump, saying he did not want to share the content of any conversations between them.
Waller said President Trump had not tried to influence the Federal Reserve’s execution of policy. If Trump were to try to influence policy, Waller said he would take it calmly and remain focused on his work.
He also said, “I would not feel uncomfortable getting a call from Trump or from the chair of the Banking Committee. The president has never asked me to do anything improper, and even if he did, I would not do it.”
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