Trump Blames Fed Board, Not Warsh, for Rate Hikes Donald Trump has once again targeted the Federal Reserve Board, criticizing its rate hiking decisions rather than focusing on Chairman Jerome Powell.
The president's comments have sparked debate about the Fed's role in monetary policy and whether his criticism is justified.
Understanding the Context: Trump's Criticism of the Fed Board Trump has been vocal about his dissatisfaction with the Fed's interest rate hikes, which he believes are stifling economic growth.