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Fortune
Fortune
Eleanor Pringle

Trump is already causing a headache for his new Fed chairman, saying the central bank's board is 'hostile' and 'doing the wrong thing'

U.S. President Donald Trump talks to reporters after signing an executive order dealing with automobile repairs with Environmental Protection Agency Administrator Lee Zeldin in the Oval Office at the White House on June 29, 2026 in Washington, DC. (Credit: Alex Wong - Getty Images)

There are a few things that could make life easier for Kevin Warsh in his first few months at the central bank, and President Trump keeping to his lane is likely top of the list.

The Federal Reserve has weathered unprecedented attacks from the White House since President Trump returned to office last year. Trump has, at various points, threatened to fire former chairman Jerome Powell, attempted to remove Governor Lisa Cook from post, resulting in a Supreme Court case, and launched a Department of Justice investigation into Powell—all amid a pressure campaign aimed at lowering rates.

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