Trump Called Powell in March as Stocks Slid Amid Growth Worries
This article is for subscribers only.
Federal Reserve Chairman Jerome Powell received a call from President Donald Trump on March 8 as concerns that day about the U.S. job market helped send stocks to their biggest weekly drop of the year.
For months, Trump has been pointing the finger at Powell and the Fed’s interest-rate increases for restraining the economy and spooking the stock market. The president has also tweeted his displeasure, most recently last Friday.