File 030967
Email Discussion on Federal Reserve Chief and Interest Rate Policy (File 030967)
Email correspondence between Steve Bannon and J discussing criticism of Federal Reserve Chair Jerome Powell's monetary policy decisions and interest rate increases in December 2018.
Summary
An email exchange dated December 22, 2018, in which the sender criticizes Federal Reserve Chair Powell's press conference statements as inadequate, arguing that the economic indicators used by the Fed do not reflect the current economic reality. The email references a TheHill article about Trump's consideration of firing the Fed chief following a rate hike. The sender expresses skepticism about the Fed's economic metrics and their relevance to modern economic conditions.
From: J [jeevacation@gmail.com]Sent: 12/22/2018 2:17:57 PMTo: Steve BannonSubject: Re: Trump has discussed firing Fed chief after latest interest rate hike: report I TheHillpowells statment at his press conference were inane. . suffers from, this is what was done in the past.!!! BEFORE the internet. . the numbers they look at are not reflective of todays economy, . AT ALL.On Sat, Dec 22, 2018 at 8:21 AM Steve Bannon wrote:https://thehill.com/policy/finance/422577-trump-considering-firing-federal-reserve-chief-after-latest-interest-rate-hikeplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedHOUSE OVERSIGHT 030967