Central Banks
Trump’s Top Economic Aide Plans Regular Talks With Fed’s Powell
Jerome Powell
Photographer: Tierney L. Cross/BloombergThis article is for subscribers only.
President Donald Trump’s top economic adviser said he’ll meet regularly with Federal Reserve Chair Jay Powell to exchange views about the US economy, giving the president a channel to convey his opinions to the central bank.
White House National Economic Council Director Kevin Hassett said the plan revives a practice in place during Trump’s first term and wouldn’t infringe on the Fed’s independence from political interference.