A rate hike is not completely up to WarshHe's got a board that' very politicalIt's up to the boardI think Warsh is great, I won't criticize himSpeaking in an interview with Punchbowl News, Trump said a potential rate hike is "not completely up to Warsh" adding that the Fed chair "has a board that's very political" and stressing that the decision ultimately rests with the broader committee. Trump reiterated his confidence in the Fed chair, saying "I think Warsh is great. Although the Fed chair is the most influential voice within the Federal Reserve, interest rate decisions are determined by the FOMC on a majority vote basis rather than by the chair alone. The voting committee consists of the seven members of the Board of Governors, the president of the New York Federal Reserve, and four of the remaining regional Fed presidents on a rotating basis. Trump is distancing Warsh from sole responsibility for any future rate increases while reinforcing his support for the Fed chair.