Community Trust ScoreVerified 88 % Real Verified 8 votesPresident Trump has been calling Federal Reserve Chair Kevin Warsh since May. The bond market is already rattled, and Warsh’s communication style has left traders guessing about where monetary policy actually heads from here. The mere existence of a direct line between the White House and the Fed chair — even if the calls stay on Iran and AI — raises questions that don’t go away easily. If he’s vague again — if he gives the same careful, non-committal answers he gave after the last meeting — expect the bond market to push yields higher. Frequently Asked Questions What did Trump and Fed Chair Warsh discuss in their calls?