Embattled Federal Reserve chairman tells White House officials he'll meet face-to-face with Trump in

[mystery-ak]

Embattled Federal Reserve chairman tells White House officials he'll meet face-to-face with Trump in bid to end feud that left stock markets reeling over fears president will fire him

    Dow Jones closed up 1,086.25 points, or 4.98 per cent, on Wednesday
    It was the stock index's largest single-day points gain in U.S. history
    Follows biggest-ever Christmas Eve plunge for markets on Monday
    White House officials tried to soothe fears over Trump's fury at Federal Reserve
    He's upset about rate hikes and reportedly said he wanted to fire the fed chair
    Federal Reserve Chairman Jerome Powell is now telling the White House that he'd be willing to meet with President Trump to discuss their differences

By Francesca Chambers, White House Correspondent For Dailymail.com and Wires

Published: 09:32 EST, 27 December 2018 | Updated: 13:36 EST, 27 December 2018


The president and the federal reserve chairman have been on an untenable collision course that has delved into the murky waters of whether the nation's chief executive has the authority to fire the head of the United States' central banking system. 

Federal Reserve Chairman Jerome Powell is now telling the White House that he'd be willing to meet with President Trump to discuss his concerns about the independent agency's rate hikes, the Wall Street Journal reports. 

A face-to-face chat with Powell could quell some of the president's anger about the Fed policies that Trump blames for the dramatic stock losses an instability in the market, despite a sustained unemployment rate of 4.1 percent or less over the last 14 months.

'A meeting between the two should be helpful,' Larry Kudlow, head of the president's economic, told the Journal. 'Right now, their relationship is like a stock looking for a bottom. There’s only upside.' 

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https://www.dailymail.co.uk/news/article-6532761/Embattled-Federal-Reserve-chairman-tells-White-House-officials-hell-meet-face-face-Trump.html

[To-Whose-Benefit?]

Tell this cretin to show us Where in the Constitution his entire operation even exists.

[Free Vulcan]

I love how those that bash every word that Trump says for being too crude, blunt and ill-timed, have turned a blind eye to Powells very smooth and professional remarks that knocked a fifth of the value off the market.

[Frank Cannon]

End the Fed.

[corbe]

   It'd be more entertaining if he'd just open up a Twitter account.

[InHeavenThereIsNoBeer]

I love how those that bash every word that Trump says for being too crude, blunt and ill-timed, have turned a blind eye to Powells very smooth and professional remarks that knocked a fifth of the value off the market.

I don't blame Powell for doing what the Fed's been telling us for years it would do.  I blame Bernanke/Yellen for pumping things up so far and so long.

[Free Vulcan]

I don't blame Powell for doing what the Fed's been telling us for years it would do.  I blame Bernanke/Yellen for pumping things up so far and so long.

I don't disagree. But that's the problem with the F-Trump crowd. Powell can do this and it's the blind eye. Trump does this and he's an unhinged, power mad orange dictator.

It just kind of exposes their ratty, tattered little cottage industry.