Trump is playing his hand skillfully—wanting the Federal Reserve to be independent but also to listen to him. “Wosh” uses Greenspan as a shield, and it’s not easy to be the new Treasury Secretary.

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The Federal Reserve spokesperson summarizes the four key moments of Wosh's inauguration
Reports say that Wosh’s key interactions with Trump at the White House swearing-in ceremony included: Trump demanding complete independence, then offering advice on the economic direction—saying that strong growth does not need to be cooled down, that growth is not the same as inflation, and that he wants economic prosperity to reach new heights—while hinting that the Federal Reserve will move toward alignment and take Wosh’s views into account. Referencing Greenspan, Wosh emphasized putting himself into his work with energy and a sense of mission, without mentioning Bernanke.
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