New York Times: “I told Kevin, I said, you might as well vote with the board because it’s just not going to matter,” Mr. Trump said. “The board is very hostile. They’re very political. They’re doing the wrong thing. They’re a bunch of politicians. They are people put on by politicians.”
Mr. Trump praised Mr. Warsh, who did ultimately support the rate increase, even as he admonished other Fed governors for their vote. In doing so, the president also revived his earlier, eyebrow-raising ultimatum that he could halt trade to countries with which the United States has a trade deficit unless the Fed delivers on his long-sought rate cuts…