3 korrents from this piece
Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.
Our reading
Federal Reserve Board members have historically often resigned before completing their full terms.
Their wordsFederal Reserve Board members have often resigned their positions well before their 14-year terms expired, since that's quite a long time to spend in one position in government.
Our reading
Waging political war on a central bank does not serve a president's own political interests.
Their wordsA war on the Fed has not served Trump's political interests and generally does not serve any president's interests.
Our reading
The Federal Reserve will need to raise interest rates rather than cut them to bring down inflation.
Their wordsI will be surprised if there are any votes for rate cuts, even from Warsh himself. The Fed may need to hike rates this year to tame inflation.