Bill Dudley, Columnist

What I Meant When I Said ‘Don’t Enable Trump’

The Fed should push back to encourage better policy, not stand by and allow a recession.

September 4, 2019 at 5:00 AM EDT

Bill Dudley, a Bloomberg Opinion columnist, served as president of the Federal Reserve Bank of New York from 2009 to 2018. He is the chair of the Bretton Woods Committee, and has been a nonexecutive director at Swiss bank UBS since 2019.

Politicized, not political.
Photographer: Andrew Harrer/Bloomberg

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My Bloomberg Opinion article from last week, titled “The Fed Shouldn’t Enable Donald Trump,” elicited an intense and often critical reaction. To provide context and address any misunderstanding, I believe some further explanation is warranted. Here are answers to what I see as the most relevant questions.

Q. What motivated you to write this article?

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