Business
Kevin Warsh Sworn In as Fed Chair as Trump Rate Cut Hopes Fade
New Federal Reserve chair takes control of world's most influential central bank amid mounting economic pressures and political expectations.
Topic
Monetary policy
14 stories from Planck Standard. Latest: May 24, 2026.
- Business
Kevin Warsh Sworn In as Federal Reserve Chair as Trump Rate Cut Hopes Fade
New Fed chairman takes control of world's most influential central bank, but prospects for interest rate reductions appear increasingly unlikely.
PoliticsKevin Warsh Takes Charge of Federal Reserve Facing Rising Inflation Threat
The economic backdrop that the new Fed chair inherits does not call for the interest rate cuts that President Trump wants.
- Top News
Jerome Powell Steps Down as Fed Chair in 'Regime Change' Moment
Kevin Warsh takes over as Federal Reserve chairman as Trump administration pushes for institutional overhaul of the central bank.
PoliticsSenate Confirms Kevin Warsh as Fed Chair Amid Economic Uncertainty
President Trump's nominee takes control of monetary policy as Iran war complications raise inflation concerns.
Top NewsJerome Powell to Stay on Fed Board After Chair Term Ends, Citing Legal Threats
Federal Reserve Chair says he will continue as governor past May 15 to protect central bank independence amid Trump administration pressure campaign.
Top NewsSenator Tillis Ready to Advance Fed Nominee Warsh After Justice Department Drops Investigation
Key committee vote on Kevin Warsh's Federal Reserve nomination expected to proceed after prosecutors provide assurances to concerned senator.
- Top News
Federal Reserve Probe Creates 'Lasting Damage' to Central Bank Independence
Trump administration's investigation of Jerome Powell has undermined confidence in the Fed's ability to operate free from political interference before leadership transition.
Top NewsJustice Department Drops Criminal Investigation Into Federal Reserve Chair Jerome Powell
The stunning reversal clears the path for Kevin Warsh, Trump's Fed chair nominee, to win confirmation after months of political pressure.
- Top News
Kevin Warsh Vows to Shrink Fed's $6 Trillion Balance Sheet as Trump's Central Bank Pick
President Trump's nominee to lead the Federal Reserve wants to overhaul the central bank and reduce its massive market footprint.
WatchPoliticsTrump's Fed Pick Kevin Warsh Vows Fed Independence at Tense Senate Confirmation Hearing
Warsh promised not to be Trump's "sock puppet" but faces a crucial Republican obstacle — Senator Thom Tillis, who is blocking the nomination over a DOJ probe.
PoliticsFederal Reserve Postpones Rate Cuts as Iran War Disrupts Economic Outlook
Fed officials express concern about inflation pressures from Middle East conflict, putting monetary policy changes on hold.
BusinessBank of Canada Expected to Hold Rates as Oil Prices Cloud Outlook
Policymakers face a delicate balancing act between rising energy costs and softening economic data
- Markets
Reserve Bank of Australia Delivers Back-to-Back Rate Hike, Lifting Cash Rate to 4.1%
A narrow 5-4 vote reveals deep divisions on the RBA board as Australia faces its first consecutive rate increases since mid-2023
