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Tag: Federal Reserve

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Fed chair nominee Kevin Warsh accused of being a ‘sock puppet’ for Donald Trump – US politics live

Recap of Kevin Warsh's confirmation hearing Warsh was grilled about his capability for independence if he were to be confirmed...
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Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

Donald Trump’s nominee for US Federal Reserve chair, Kevin Warsh, faced a tumultuous hearing in Washington on Tuesday, fielding scrutiny over his wealth and...
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Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Democrats have moved to stall Donald Trump’s effort to exert greater control over the US Federal Reserve, condemning the president’s “absurd” bid to install...
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US treasury department demands retraction of story on increased oversight of Federal Reserve

The US treasury department demanded on Friday that the Financial Times (FT) retract a report on treasury secretary Scott Bessent’s views on the Federal...
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Senate Republicans vote down Democrats’ war powers resolution to check Trump on Iran – US politics live

Senate Republicans defeat Democrats' war powers resolution to check Trump on IranBy a vote of 53-47, Senate Republicans blocked a war powers resolution that...
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Fed holds interest rates steady as Iran war drives up oil prices and inflation fears

The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East...
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