Fed's Powell says he never seeks to meet with any president

May 7, 2025 9:11 PM EDT

FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. REUTERS/Kevin Lamarque/File Phot

By Michael S. Derby

NEW YORK (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that he never seeks to meet with any U.S. president and to the extent he has had such a meeting, it's because the elected leader sought the interaction.

"I've never asked for a meeting with any president and I never will," Powell said at a press conference following the close of the Fed's policy-setting committee meeting. "There's never a reason for me to ask for a meeting, it's always been the other way."

(Reporting by Michael S. Derby; Editing by Leslie Adler)



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