As Trump Attacks the Fed, Powell and Kudlow Remain Lunch Pals
- They have traded medical advice and phone numbers of doctors
- Kudlow pushed two Powell critics for posts on the Fed Board
Jerome Powell
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Top White House economic adviser Larry Kudlow was suffering from back pain, and got a recommendation for a doctor from an unlikely source: Federal Reserve Chairman Jerome Powell.
The two men might be mistaken for adversaries -- Kudlow’s boss, President Donald Trump, has repeatedly castigated Powell because the Fed raised interest rates and, according to Trump, has been too slow to cut them.