Anonymous ID: b0a785 July 19, 2018, 1:04 p.m. No.2212721   🗄️.is 🔗kun   >>2910

US President Donald Trump has invited his Russian counterpart to visit Washington “in the fall” and the trip is already being discussed, the White House said.

 

Trump “asked Ambassador John Bolton to invite President Putin to Washington in the fall,” White House press secretary Sarah Huckabee Sanders said on Thursday. “Those discussions are already underway.”

 

In Helsinki, @POTUS agreed to ongoing working level dialogue between the two security council staffs. President Trump asked @Ambjohnbolton to invite President Putin to Washington in the fall and those discussions are already underway.

— Sarah Sanders (@PressSec) July 19, 2018

Anonymous ID: b0a785 July 19, 2018, 1:08 p.m. No.2212752   🗄️.is 🔗kun

Trump 'not thrilled' by Fed's interest rate hikes, a rare presidential intrusion into monetary policy

 

 

President Trump said he’s “not thrilled” by recent interest rate hikes by the Federal Reserve, a historically rare insertion by the White House into monetary policy set by the nation’s independent central bank.

 

“I’m not thrilled,” Trump told CNBC in an excerpt of an interview released Thursday. “Because we go up and every time you go up they want to raise rates again. I don't really — I am not happy about it. But at the same time, I’m letting them do what they feel is best.”

 

Presidents and top administration officials normally do not comment on Fed monetary policy decisions, instead allowing the central bank to make independent decisions about what’s best for the U.S. economy instead of enacting policies that might politically benefit the party in power.

 

In the interview, to be aired in full Friday, Trump also said he had “put a very good man” into the Fed chairman’s job. Last fall, Trump nominated Jerome H. Powell, who has served on the Fed’s Board of Governors since 2012, to replace Janet L. Yellen as chair. Powell took office on Feb. 5.

More:

https://www.latimes.com/business/la-fi-trump-federal-reserve-20180719-story.html