Kevin Warsh to be grilled by Congress in race to be confirmed as Fed chair
Donald Trump’s pick to lead central bank to tell lawmakers the independence of rate-setters is not ‘particularly threatened’
Donald Trump’s pick to lead central bank to tell lawmakers the independence of rate-setters is not ‘particularly threatened’ Grouped from 8 articles across 5 sources.
Ranked reports inside the event cluster. Open any publisher link to read the original coverage.
Donald Trump’s pick to lead central bank to tell lawmakers the independence of rate-setters is not ‘particularly threatened’
The hearing is a key hurdle he needs to overcome in order to succeed Fed Chair Jerome Powell.
Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability On the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank. The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability. In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk” , “a stubborn MORON” , and repeatedly threatened to fire him . Continue reading...
The investigation into Powell threatens to derail or delay Warsh's nomination.
Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.
Donald Trump’s pick for chair will tell powerful Senate committee that central bank must ‘stay in its lane’
The nominee to lead the world’s most powerful central bank wants big changes. But there’s risk of confrontation with the president over interest rates
The nominee to lead the Fed is an AI optimist who counts tech titans Peter Thiel and Marc Andreessen among his friends.
Nearby clusters pulled from title, summary, and keyword similarity in PostgreSQL.
Wall Street predicts higher gold prices following regional ceasefire as domestic data and Fed chair confirmation take center stage next week teaser image
The outgoing North Carolina senator is refusing to back down in fight over president’s probe into Jerome Powell
Donald Trump has released various social media comments throughout the day, preaching about winning the war. Grouped from 2 articles across 2 sources.
Department of Labor Secretary Lori Chavez-DeRemer is resigning from the Trump administration, the White House said. Grouped from 6 articles across 6 sources.
Israel has killed more than 700 people in Gaza since last year's US-brokered 'ceasefire'. Grouped from 4 articles across 3 sources.
President Donald Trump has repeatedly said he expects the U.S. and Israel war against Iran to end soon since it began in late February.