Fed's Powell Says He Would Not Resign If Trump Asked Him To

The transcript covers a discussion with a Fed chair about potential White House displeasure over rate increases, speculation about a possible meeting with the President, and a question regarding resignation if requested by the President. The Fed chair denies any direct communication from the White House expressing dissatisfaction and states that no meeting has been scheduled. The chair also confirms that they would not resign if asked by the President.

What was the Fed chair's response to whether he received any direct communication from the White House about dissatisfaction with interest rates?

• He said he would check and get back.

• He confirmed receiving communication.

• He denied receiving any communication.

• He refused to comment.

What is the historical context of meetings between Presidents and Fed chairs?

• They are discouraged.

• They are unprecedented.

• They happen frequently.

• They have occurred in the past.

If invited, what was the Fed chair's stance on meeting the President?

• He would accept it.

• He would decline the invitation.

• He has no news on it.

• He would consider it.

What was the Fed chair's response regarding any scheduled meetings with the President?

• He is planning to schedule one.

• No meetings have been scheduled.

• A meeting is scheduled soon.

• He refused to comment.

What was the Fed chair's response to the hypothetical question about resigning if asked by the President?

• He would not resign.

• He would consider it.

• He would consult his advisors.

• He would resign immediately.