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31.01.26 - 12:01
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5 questions facing Trump′s Fed pick Kevin Warsh (The Hill)
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President Trump announced Friday his intention to nominate Kevin Warsh to chair the Federal Reserve Board, ending months of speculation about his plans for the bank. Warsh's experience on the Fed board and Wall Street, close political ties to Republicans and reputation as an independent thinker make it likely he will be confirmed by the......
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31.01.26 - 09:12
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Trump has tapped a new Federal Reserve chair. Has he finally found his yes-man? (The Guardian)
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Trump nominated Kevin Warsh, an ex-Fed governor, for the role as the White House continues to attack Jerome PowellThe US Federal Reserve requires “strong, sound and steady leadership”, according to Donald Trump. The president found a man to lead the central bank who would “provide exactly that type of leadership”, he declared.“He's strong, he's committed and he's smart.”This is not how Trump described Kevin Warsh, the former Fed governor whom he unveiled as his new nominee to chair the central bank on Friday – but how he hailed Jerome Powell, the current Fed chair, when nominating him for the job about eight years ago. Continue reading......
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31.01.26 - 00:18
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Fmr World Bank Chief Economist: Trump Doesn′t Believe in Fed Independence (Bloomberg)
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Paul Romer, Nobel laureate, former World Bank chief economist, and Boston College professor, says Donald Trump does not believe in central bank independence. Speaking with Romaine Bostick and Katie Greifeld on The Close, Romer says it is entirely possible Trump could move to impose wage and price controls. (Source: Bloomberg)...
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31.01.26 - 00:01
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Bowman Says Fed Can ′Afford to Take Time′ With Rate Cuts (Bloomberg)
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Federal Reserve Vice Chair for Supervision Michelle Bowman says she saw merit in waiting to lower rates further given elevated inflation and uncertainty over potential distortions in economic data during an event in Oahu, Hawaii. (This report is audio only.) (Source: Bloomberg)...
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30.01.26 - 23:54
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Rep. Sherman (D-CA): Investigation into Fed is ′Phony′ (Bloomberg)
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Rep. Brad Sherman (D-CA) calls the Fed investigation a “phony” attempt to intimidate the central bank. Speaking with Romaine Bostick and Katie Greifeld on The Close, he says Kevin Warsh backs a digital dollar to compete with crypto. (Source: Bloomberg)...
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