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The Latest Breaking News from Jerome Powell

FTSE 100 finishes week with rise despite falls in mining stocks

The index closed with an increase of more than 51 points to 10,223.54.

Evening Standard

Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank

“I mean, if it’s just a question of using better models, bring them on. Where are they? We’ll take them.”

Fortune

Another ‘central casting’ central banker: Trump’s pick of Kevin Warsh fits a well-established pattern

Nearly a decade ago, Trump reportedly doubted Janet Yellen was tall enough to be Fed chair. His choice was Jerome Powell.

Fortune

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What the New Fed Chair Means for Savers

Here's a look at how Kevin Warsh could influence future Fed policy.

Kiplinger

What Trump’s Fed Chair Nominee Kevin Warsh Could Mean for Your Wallet

President Donald Trump has revealed his pick to replace Powell: Kevin Warsh, a former Fed governor, White House advisor and Wall Street banker.

GOBankingRates

Kevin Warsh went from selling racetrack pencils to Trump's new Fed chair pick. His advice for Gen Z: merit is the ultimate currency in the workplace

Before Wall Street and Washington, Kevin Warsh sold pencils at a horse track. His secret for success is simple: work harder than everyone else—and learn from the best.

Fortune

Trump Taps Kevin Warsh To Lead Fed

Plus: Shutdown averted? Pixar's NIMBY robot beavers, Amazon goes big on AI, and Trump wants to prop up home prices.

Reason

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The new Fed chair’s billionaire father-in-law is a friend of Trump’s from college and has business interests in Greenland

Trump’s pick of Kevin Warsh pairs an inflation hawk with a deep Trumpworld connection through Ronald Lauder, a friend to the president for 60 years.

Fortune

How will Donald Trump’s pick for US central bank chairman affect markets?

Former Fed governor Kevin Warsh has been nominated by Mr Trump to replace current chair Jerome Powell when his term ends in May.

Evening Standard

The New Fed Chair Was Announced: What You Need to Know

President Donald Trump announced Kevin Warsh as his selection for the next chair of the Federal Reserve, who will replace Jerome Powell.

Kiplinger

Trump picks Warsh for Fed chair, testing US central bank independence

Trump has nominated former Fed governor Kevin Warsh to lead the central bank, a move that could signal a shift towards closer White House influence over monetary policy.

Euronews

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here’s what might be in store for the central bank.

Fortune

Trump nominates Federal Reserve critic Kevin Warsh as its next chair

Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank

The Guardian - US

Trump poised to nominate US central bank chair amid feud over rate cuts

Speculation that former Federal Reserve governor Kevin Warsh is the president’s top choice was helping lift the US dollar on Friday morning.

The Independent UK

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The Independent UK

‘Hard money hawk’ Kevin Warsh is nominated by Trump to replace Powell as Fed Reserve chair

The finance wunderkind has previously called for “regime change” at the Fed, and has close family connections to President Trump

The Guardian - UK

Donald Trump expected to nominate Kevin Warsh as US Federal Reserve chair

Choice of former Fed governor to succeed Jerome Powell comes amid attack on central bank’s independence

Roll Call

Warsh's path to Fed chair may face even GOP obstacle in Senate

President Trump says he'll nominate Kevin Warsh, a Federal Reserve Board member from 2006 to 2011, to be the next chairman.

The Times of India

Who is Kevin Warsh? Secret White House meeting with Trump that made him lead Fed Chair race

Kevin Warsh is the top choice to become the next Federal Reserve Chair. President Donald Trump is expected to announce his decision soon. This potential change is creating market buzz and debate about the Fed's future. Warsh's views on monetary policy and economic strategy are key. His nomination could signal…

Get all your
news in one place.

100's of premium titles.
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Euronews

Trump expected to nominate Kevin Warsh as Fed chair on Friday morning

Despite his former reputation as an inflation hawk, Warsh has shown support for lower rates in recent months, suggesting he is more likely to align with the president than Jerome Powell.

Kiplinger

Nasdaq Drops 172 Points on MSFT AI Spend: Stock Market Today

Microsoft, Meta Platforms and a mid-cap energy stock have a lot to say about the state of the AI revolution today.

The Guardian - UK

What is behind the extraordinary rise in investment into silver and gold?

Experts say factors including Trump’s aggressive policies and pressure on the dollar are pushing investors toward ‘safe haven’ of precious metals

Evening Standard

Mixed day for stocks as Trump hits out at Fed chief for refusal to cut rates

The FTSE 100 index closed up 17.33 points, 0.2%, at 10,171.76.

Roll Call

Tillis 'unleashed'

A stream of honesty from the retiring Sen. Thom Tillis has turned into an increasingly personal back-and-forth with the president.

Roll Call

Trump sends a message to next Fed chair, says deal ‘close’ on funding

President Trump let his coming Federal Reserve chair nominee know he expects a big interest rate cut later this year.

Fortune

Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted

Gold is up 84% year over year, and silver by a stunning 245%, but the Fed chair is looking elsewhere.

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