Federal Reserve Chairman Jerome Powell met today at the White House with President Trump, marking their first face-to-face encounter since Trump began his second term.
“At the President’s invitation, Chair Powell met with the President today at the White House to discuss economic developments including for growth, employment, and inflation,” said the Federal Reserve in a statement. “Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook.”
The central bank’s statement added that Powell “and his colleagues on the FOMC will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective, and non-political analysis.”
Trump, who has been highly critical of Powell’s leadership of the Fed – to the point of referring to him on social media as a “fool” – did not immediately comment on the meeting.
Beware of an ambush!
POWELL should be FIRED!!! He is keeping the TRUMP policies from being implemented and working for WE THE PEOPLE!!! Interest rates for Mortgages NEED to come back down below 6% and STAY!!
Federal Reserve as “federal” as Federal Express. A privately owned bank that has its tentacles entwined around all banks/financial institutions, organizations & corporations – no one voted for them, they act on their own accord, print money like there’s no tomorrow. They/central bankers are beholden to the city of london & don’t give a rat’s azz about you or America & our founding documents. They need to be audited, then shut down along with their partners the IRS! Trump is old fashioned, thinks he can make the fed heel to his demands bcuz they want to MAGA.