Tuesday, April 11, 2017

In February, Janet Yellen Met With Trump's Top Economic and Adviser and the Treasury Secretary

According to The Wall Street Journal. Federal Reserve Chair Janet Yellen had a 15-minute phone call with Treasury Secretary Steve Mnuchin on Feb. 16, three days after his confirmation, her calendar shows.

That came after she delivered her semiannual monetary policy testimony to Congress on Feb. 14 and 15. She and Mnuchin also had lunch at the Treasury Department on Feb. 28.

 Yellen also had lunch with the  Director of the National Economic Council and Trump's top economic adviser, Gary Cohn, on Feb. 7 in the White House Navy Mess, a private dining room at the White House.

According to the Journal, she also met or spoke with a handful of congressional Republicans in February, including a brief phone call with House Financial Services Committee Chairman Jeb Hensarling (R., Texas) Feb. 3, and a half-hour sit-down Feb. 16 with Sen. Mike Crapo (R., Idaho), the new chairman of the Senate Banking Committee. She also had breakfast with Rep. Blaine Luetkemeyer (R., Mo.), a member of the House Financial Services Committee.

In addition, Yellen spoke with some of her counterparts around the world. She had a half-hour phone call Feb. 6 with Bank of England Gov. Mark Carney, and had lunch with  Carney on Feb. 23 at the Bombay Club restaurant in Washington.

She also had a half-hour phone call Feb. 17 with Bundesbank Governor Jens Weidmann, and meetings on Feb. 27 with Bank of Mexico Gov. Agustin Carstens and former Bank of Japan deputy governor Kiyohiko Nishimura.

Other notable meetings include lunch at the Oval Room in Washington with International Monetary Fund Chief Economist Maury Obstfeld, a half-hour phone call with BlackRock Chief Executive Larry Fink and a one-hour interview Feb. 21 with an Atlanta Fed “president candidate”—presumably Raphael Bostic, whose appointment to the position was announced March 13.


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