Economy

Fed Chair Jerome Powell Emphasizes Independence: No Presidential Meetings Requested

Fed Chair's Stance on Presidential Meetings

In a recent press briefing, Jerome Powell, the Chair of the United States Federal Reserve, made it clear that he has never sought a meeting with any sitting president.

"I never will. I wouldn't do that," Powell stated, emphasizing his belief that it's not the role of a Fed chair to initiate such encounters. He explained that any past meetings have always been at the president's request, not his own.

Response to Presidential Comments

Addressing previous remarks by President Donald Trump about him and the Fed's operations, Powell reiterated that such comments "don't affect the way we operate at all." This statement underscores the Fed's commitment to maintaining its independence from political influence.