Policy Regula2026-08-20 01:15:22Timiraos Says Waller Faces Congressional Scrutiny Over Talks With TrumpChainCatcher cited Wall Street Journal chief economics reporter Nick Timiraos as saying Federal Reserve Chair Kevin Waller is facing strong scrutiny from Congress. Four Senate Banking Committee members, led by Senator Chris Van Hollen, sent a letter asking him to disclose all communications with President Donald Trump. Lawmakers said the issue could raise concerns about possible government interference in monetary policy. The report also noted earlier claims that Waller had frequent phone calls with Trump after taking office, while the Fed’s public early schedule did not record those calls. White House National Economic Council Director Kevin Hassett said Waller and Trump have long discussed economic issues and that Trump would not pressure the Fed. Trump later denied the reports, saying he had spoken with Waller only once for a brief call a few days earlier. The Fed said it is still delaying release of the chair’s schedule under existing rules, and the market is watching whether Waller will add more information and whether the episode will affect confidence in the Fed’s independence.1090
Federal Reser2026-08-20 00:56:28Senators Demand Waller Disclose Trump Call Records, Raising Questions Over Fed TransparencyBlockBeats reported that Federal Reserve Chair Kevin Waller is facing intense oversight pressure from Congress. Four members of the Senate Banking Committee, led by Sen. Chris Van Hollen, sent him a joint letter asking for full disclosure of his communications with President Donald Trump. The lawmakers pointed to reports that Waller kept frequent phone contact with Trump after taking office, while those calls did not appear in the Fed’s public schedules for his early tenure. They said that kind of selective transparency could fuel concerns about government interference in monetary policy. The White House National Economic Council Director Kevin Hassett had earlier said Waller and Trump had long discussed economic issues, while also saying Trump would not pressure the Fed. Trump later denied the reports and said he had spoken with Waller only briefly a few days earlier. The Fed says it is still following its standard rules for delaying release of the chair’s schedule, and the market is watching whether Waller will add more information and whether the episode affects confidence in the Fed’s independence.1370