Discussion about the debt limit was nearly absent when Federal Reserve Chairman Jerome Powell joined the Republican Study Committee’s (RSC) weekly lunch on Capitol Hill Wednesday. Members of the largest conservative caucus in the House said as they left the lunch that Powell mostly fielded questions about inflation, interest rates and the health of banks in the aftermath of the Silicon Valley Bank collapse. “[Powell] just said it's important that debts matter; deficits matter; for us to work collectively to get our spending to be at or below our revenue growth,” Republican Study Committee Chair Kevin Hern (R-Okla.) said after the meeting. Hern added that there was no message from
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