Fed chair meets with Trump at the White House

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President Trump held an unannounced meeting with Federal Reserve Chairman Jerome Powell at the White House residence on Monday, the first such meeting between the President and the nation's top monetary policymaker since an informal dinner last February.

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President Donald Trump held an unannounced meeting with Federal Reserve Chairman Jerome Powell at the White House residence on Monday, the first such meeting between the President and the nation's top monetary policymaker since an informal dinner last February.

Trump has routinely attacked Powell, a former investment banker, over interest rate moves -- breaking previous presidential precedent that called for keeping the world's most powerful central bank out of politics. "Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discused including interest rates, negative interest, low inflation, easing, Dollar strength & its effect on manufacturing, trade with China, E.U.

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