FILE PHOTO: Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021. Graeme Jennings/Pool via REUTERS/File Photo
(Reuters) -Federal Reserve Chair Jerome Powell met with the chief executive of cryptocurrency exchange operator Coinbase Global Inc on May 11, days before the central bank chief announced plans for a white paper examining whether the Fed should develop a digital currency of its own.
The meeting with Coinbase CEO Brian Armstrong was made public on Friday with the monthly release of Powell's meeting calendar. The record showed that the in-person meeting was also attended by former U.S. House of Representatives Speaker Paul Ryan, who is now with private equity firm Solamere Capital.
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