Fed Chair Powell Defends Independence Amid Trump Pressure on Rates
TL;DR Summary
Federal Reserve Chair Jerome Powell met with President Trump at the White House amid ongoing tensions over interest rate policies, with Powell emphasizing the Fed's independence and decision-making based on economic data, not politics.
- Fed chair Powell meets with Trump at White House Axios
- Fed Chair Powell met with Trump at the White House Thursday and told him rate decisions can't be political CNBC
- Federal Reserve issues rare statement asserting independence amid Trump pressure The Guardian
- Trump summons Fed's Powell, tells him he's making a mistake on rates Reuters
- Powell defends Fed as Trump pressures him to cut interest rates NBC News
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