Federal Reserve Chair nominee Warsh: Will be independent of US President Trump

CoinFeed reported on April 21 that Federal Reserve Chair nominee Warsh stated he will remain independent of US President Trump. He said he doesn't know why President Trump chose him. He indicated that after selling assets, the proceeds will be allocated to compliant assets that are as close as possible to short-term Treasury bonds and cash. The Fed's independence depends on the Fed itself. Presidents typically tend to lower interest rates.