FED CHIEF WORKING FROM HOME

Federal Reserve chairman Jerome Powell has been working from home while also following masking and social distancing protocols when in public, and has not felt it necessary to take a coronavirus test, the Fed said Friday in response to inquiries following the news that U.S. President Donald Trump has contracted COVID-19. A Fed spokesperson said Powell had not been in contact with anyone known to have tested positive for the virus. Fed officials have been working remotely since the start of the pandemic, but Powell has travelled occasionally to Capitol Hill, most recently last week, for hearings on Fed policy and the response to the health crisis. He typically has worn a mask during those appearances, and Fed officials in general have urged people to do the same. Powell has met infrequently with Trump during his time as Fed chairman.