President Donald Trump and Federal Reserve Chair Jerome Powell have talked on the phone a handful of times in 2019.
have talked on the phone a handful of times in 2019, according to the central bank's website.
The Fed chairman's public calendar showed the pair spoke for five minutes on May 20, amid Trump's heightened criticism of the central bank's interest rate and monetary policy. The call represents the fourth publicly disclosed conversation between the two this year, with May's telephone call following similar conversations in April and March as well as a dinner meeting in February.
"I think the law is clear that I have a four-year term, and I fully intend to serve it," Powell said at a news conference in Washington. Asked later at the event when it might be appropriate to publicly address Trump's criticism, Powell said he doesn't "discuss elected officials publicly or privately." The Wall Street Journal first reported on the May telephone conversation between Powell and Trump.
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