Kevin Warsh Nomination Puts Fed Independence in Focus
Kevin Warsh’s Fed nomination raises questions on independence rates balance sheet policy and how markets may react under new leadership.
Kevin Warsh’s Fed nomination raises questions on independence rates balance sheet policy and how markets may react under new leadership.
Powell ruled out further rate hikes, held rates at 3.50–3.75%, and signaled possible cuts once tariff-driven inflation fades.
Fed Chair Jerome Powell says DOJ subpoenas tied to a $2.5B renovation are unprecedented and linked to pressure over interest rate policy.
Trump expands Fed chair vetting as Powell’s term nears end, interviewing Waller alongside Warsh and Hassett amid pressure for lower rates.
Trump interviews Fed chair candidates Hassett and Warsh; Fed decisions remain guided by committee votes, not presidential influence.
Treasury Secretary Scott Bessent confirms five finalists for the next Federal Reserve Chair, with a decision expected by year-end.
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