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Trump advisers have discussed arranging meeting with Fed's Powell: WSJ

Economy Dec 23, 2018 05:50PM ET
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© Reuters. FILE PHOTO: Federal Reserve Board Chairman Jerome Powell holds a news conference after a Federal Open Market Committee meeting in Washington

(Reuters) - The advisers of President Donald Trump have discussed in recent days arranging a meeting between him and Federal Reserve Chairman Jerome Powell in the coming weeks, the Wall Street Journal reported on Sunday, citing a source.

Trump has recently been critical of the Fed for raising borrowing costs this year, especially as U.S. stocks have tumbled and yields on U.S. government debt have begun to signal a possible recession ahead.

Trump has frequently attacked Powell, who was sworn in as Fed chairman last February.

Reuters reported on Saturday that Trump has privately discussed the possibility of firing Powell. U.S. Treasury Secretary Steven Mnuchin later said Trump told him he had "never suggested firing" the Fed chairman.

The White House and the Federal Reserve did not respond to a request for comment outside regular business hours.

Trump advisers have discussed arranging meeting with Fed's Powell: WSJ
 

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Comments (12)
Gabe Domen
Gabe Domen Dec 24, 2018 8:38AM ET
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One more, blame Vaporware that started a trade war when him and his team were reading, WRONG, how strong was the economy. He BROKE it and now, childish as usual, is pointing fingers to somebody else, this case Powell.
Gabe Domen
Gabe Domen Dec 24, 2018 8:33AM ET
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Powell is the face Vaporware wants us to blame, as usual deflecting .
Gabe Domen
Gabe Domen Dec 24, 2018 8:31AM ET
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Looks that everyone is aiming Powell the door and everything will be be all right... what if it's not enough. We'll start again QE or why not ask the Gov't to buy shares, directly, so Vaporware and all the losers who didn't sell can be happy? Later people are questioning if the market is rigged? This kind of artificial intervention are really pathetic. Don't *****the messenger.
Daniel Barrera
Daniel Barrera Dec 24, 2018 7:59AM ET
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this bear market was cause for Powell have no reason... im agree this time with trump
Silverbug 19
Silverbug 19 Dec 24, 2018 6:42AM ET
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Independent Fed really
Safe Broker
Safe Broker Dec 24, 2018 6:19AM ET
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Powell get out from office
David Bowie
Defcon2 Dec 24, 2018 5:37AM ET
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Show Powell the door
Papa John
Papa John Dec 23, 2018 10:01PM ET
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Powell needs to go
For Sparta
For Sparta Dec 23, 2018 8:22PM ET
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biggest mistake Greenspan made was not raising rates soon enough, which would have prevented the tech bubble from popping... wake up people
Anthony Anthony
Anthony Anthony Dec 23, 2018 7:14PM ET
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time to clean your desk
 
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