With Easy Demeanor, Powell Cultivates Allies on Capitol Hill - News Summed Up

With Easy Demeanor, Powell Cultivates Allies on Capitol Hill


WASHINGTON—Jerome Powell promised to wear out the carpets on Capitol Hill shortly after he became chairman of the Federal Reserve two years ago. The relationships he has built with lawmakers and the economy’s solid performance have so far helped insulate the central bank from President Trump’s attacks. Mr. Powell has held around 140 meetings with lawmakers since becoming Fed chief, according to his public calendar through December, around three times as many during the same span as his predecessor.


Source: Wall Street Journal February 09, 2020 15:00 UTC



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