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

August 7, 2020

(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.

(Reporting By Dan Burns)