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Warsh says Trump has not pressured him to cut rates, even as president calls for reductions

WASHINGTON (AP) — President Donald Trump’s nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so. “The president never once asked me to commit to any particular interest rate decision, and nor would I agree to it if he had,” Kevin Warsh said under questioning by the Senate Banking Committee. “I will be an independent actor if confirmed as chair of...

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