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US President Joe Biden tweeted out late Tuesday that he has not spoken with Federal Reserve (Fed) Chair Powell, adding that he would not be telling Fed what to do.

Key quotes

“I’m not going to do the kinds of things that have been done in the last administration, either talking to AG…or the Fed telling them what they should and shouldn’t do”

“The Federal Reserve is an independent operation.”

“New variants of virus are spreading and moving quickly, and cases are going up.”

“By April 19, every adult will be eligible to be vaccinated.”