WASHINGTON, May 28 (Reuters) – U.S. Treasury Secretary Scott Bessent said he had breakfast with new Federal Reserve chair Kevin Warsh on Thursday.
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Asked by a reporter at a White House briefing if he pressed Warsh to lower interest rates, Bessent instead responded about his frequent meetings with the previous Fed chair, Jay Powell.
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“I had breakfast with Chair Powell 41 times, and I never did that,” Bessent said, without elaborating.
President Donald Trump repeatedly urged Powell to lower interest rates.
(Reporting by Gram Slattery and Bo Erickson;Editing by David Ljunggren)
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