Kushner Lauds Powell, Fed for Coronavirus Response

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White House adviser Jared Kushner told CNBC on Thursday that Federal Reserve Chairman Jerome Powell “has really stepped up to the plate” during the coronavirus pandemic.

“Look, you really see what people are made of in times of crisis, and I think that Chairman Powell has really stepped up to the plate, and he’s done a lot of the right things to make sure that the market was able to get through the crisis,” Kushner told “Squawk Box.”

Although President Donald Trump, Kushner’s father-in-law, has repeatedly criticized Powell and the Fed and said in March he was “not happy” with how the Fed reacted to the coronavirus, Kushner told CNBC that Powell and the White House have “all worked very well together,” during the crisis.

Read more at NEWSMAX.

{Matzav.com}


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