President Biden inaccurately claimed not to have spoken with Fed Chair Powell about inflation.

President Joe Biden inaccurately stated he had never spoken to Federal Reserve Chair Jerome Powell since taking office. This claim contradicts a documented meeting in May 2022 where they discussed inflation. The White House clarified that Biden meant he had not discussed interest rates with Powell. Critics argue this misstatement could undermine Biden's stance on Federal Reserve independence and raise concerns about his credibility.