the afterword in Volcker's upcoming autobiography which the newspaper said was written in September, three months before his death.
"Not since just after the second world war have we seen a president so openly seek to dictate policy to the Fed. That is a matter of great concern, given that the central bank is one of our key governmental institutions, carefully designed to be free of purely partisan attacks," the former Fed chairman wrote.
Trump has repeatedly assailed Jerome Powell, the current Fed chair, for not cutting rates. Back in August, Trump called Powell an "enemy" of the United States comparable to China,The former Fed chair painted a very bleak portrait of the nation's political environment, noting "forces" are rolling back environmental and other protections considered emblematic of American democracy.