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VisitWill Biden make another public statement about his communication with Fed Chair Powell by the end of 2024?
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Public statements made by President Joe Biden or the White House
Biden Claims No Contact with Fed Chair Powell Since Presidency on September 19, 2024
Sep 19, 2024, 06:26 PM
President Joe Biden stated on September 19, 2024, that he has not spoken to Federal Reserve Chair Jerome Powell since becoming President. This claim was made during remarks at the Economic Club in Washington, D.C. Biden emphasized the importance of the Federal Reserve's independence. However, this statement has been contradicted by multiple sources, noting that Biden has met with Powell several times, including in the Oval Office. White House Economic Adviser Jared Bernstein later clarified that Biden meant he had not spoken to Powell specifically about interest rates.
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