The Classy Investors

  /  Economy   /  Fed’s Powell continued regular meetings with Treasury’s Mnuchin in June

Fed’s Powell continued regular meetings with Treasury’s Mnuchin in June

imageEconomy8 hours ago (Aug 07, 2020 03:45PM ET)

(C) Reuters. FILE PHOTO: U.S. House of Representatives Financial Services Committee hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), in Washington

(Reuters) – Federal Reserve Chair Jerome Powell continued to stay in frequent contact with Treasury Secretary Steven Mnuchin and top lawmakers in June, a month when the economy appeared to be recovering sharply from the coronavirus-induced recession, Fed records released Friday showed.

Powell logged 16 meetings with Mnuchin in June, the same as in May, a readout of Powell’s calendar for the month showed. He also met with Senate Majority Leader Mitch McConnell and was on a conference call with House Majority Leader Steny Hoyer’s leadership council.

Fed’s Powell continued regular meetings with Treasury’s Mnuchin in June

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.