After Jerome Powell assumed the position of Chairman of the Federal Reserve, Trump had multiple phone calls with him.

According to informed sources, since Kevin Warsh took office as Chairman of the Federal Reserve, President Trump has had multiple discussions with him, which deviates from recent norms regarding communication channels between the president and the head of the central bank. Sources indicate that Trump's phone calls to Warsh have been intermittent: there may be several calls over a span of a few days, followed by a prolonged period of silence. Some informants have stated that Trump has sought Warsh's opinions on a range of issues, including the conflict with Iran and the rapid development of artificial intelligence and its economic implications. Warsh has been in office for less than three months. It remains unclear whether Trump and Warsh have discussed monetary policy. A person familiar with the conversations insisted that since Warsh's Senate confirmation, the president has never mentioned topics related to interest rates.