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Fortune
Fortune
Eleanor Pringle

Donald Trump is waging a very public war on Jerome Powell—so why hasn’t he picked up the phone?

Left: President Donald Trump. Right: FOMC chairman Jerome Powell. (Credit: From left: Andrew Harnik—Getty Images; Yasin Ozturk—Anadolu/Getty Images)
  • Analysis: President Trump’s one-sided war against the Fed doesn’t show any signs of abating. And yet Federal Open Market Committee Chairman Jerome Powell says he hasn’t had any contact with the new occupant of the White House.

Even before President Donald Trump got the keys to the White House, he was repeatedly attacking the Federal Open Market Committee (FOMC) and its chairman, Jerome Powell. Yet now that he’s in the Oval Office, the commander in chief hasn’t even picked up the phone.

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