Fed Chair Janet Yellen had a breakfast meeting with Donald Trump’s daughter, Ivanka, on Monday, July 17 from 8am to 9am, at the U. S. central bank, according to Fed public schedules, posted earlier this month on the Fed website. Bloomberg first reported the encounter.
Eight days after the one-hour meeting in a private dining room at the Fed, on July 25 Trump told the Wall Street Journal that Yellen was ‘in the running, absolutely,’ for a second term as chair. ‘I like her; I like her demeanor. I think she’s done a good job,’ he said. ‘I’d like to see rates stay low. She’s historically been a low-interest-rate person” the president added about the Fed chairman.
This post was published at Zero Hedge on Sep 11, 2017.