Economics
Powell Has a Lot to Lose, Little to Gain in Trump Sit-Down
- White House aides reportedly trying to set up meeting
- Pressure mounts on Powell to heed Trump’s advice, slow hikes
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Of all the holiday gatherings Jerome Powell gets invited to, a sit-down in the Oval Office might be one of the last he’d want to attend.
Just days after President Donald Trump blamed the Federal Reserve chairman for the stock market’s December swoon and discussed with aides his desire to fire him, White House staff are reportedly working to set up a meeting between the two men.