Biden Faces Scrutiny Over False Claim About Fed Chair Meetings

President Biden's statement about never speaking to Jerome Powell since taking office contradicts documented meetings.

President Joe Biden claimed he had 'never once spoken' to Federal Reserve Chair Jerome Powell since becoming president.
Biden's statement was made during a speech at the Economic Club of Washington, D.C., following a recent Fed interest rate cut.
Records and photos show Biden met with Powell in the Oval Office on May 31, 2022, to discuss inflation alongside Treasury Secretary Janet Yellen.
The White House clarified that Biden was referring to not discussing interest rates directly with Powell to maintain the Fed's independence.
Biden's comment was intended to contrast his administration's respect for the Fed's independence with former President Trump's approach.