[Federal Reserve Closed-Door Meeting Decides to Avoid Public Confrontation with Trump] The *Washington Post* reported that this spring, Federal Reserve district presidents held a closed-door meeting in Philadelphia, during which the Fed's leadership decided to adopt strategic restraint to avoid conflicts with the Trump administration. The Federal Reserve chose to defend its independence in setting interest rates by enduring certain pressures and refraining from public counterattacks. The *Washington Post* verified details of the meeting and pointed out that if the Fed had not adjusted certain policies or publicly countered Trump's calls for rate cuts, Trump might have attempted to dismiss more current board members, including Powell.