The Latest Breaking News from Jerome Powell

Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons

After months of speculation, US President Donald Trump confirmed he will be nominating Kevin Warsh as the next chair of the US Federal Reserve. The appointment has been closely watched in the context of Trump’s ongoing conflict with the Fed and its current chairman Jerome Powell.

The Conversation · Feb 1

Fed chair nominee Kevin Warsh could crush Trump's rate-cut hopes and risk suffering the same level of abuse that Powell got, analysts say

"Should Warsh find himself in the minority, he would have to decide whether he would tolerate being outvoted."

Fortune · Jan 31

GOP senator promises to block all Trump Federal Reserve nominees after ‘outrageous’ DOJ probe into Jerome Powell

He wants it "fully and finally resolved."

We Got This Covered · Jan 31

Stocks Close Down as Gold, Silver Spiral: Stock Market Today

A "long-overdue correction" temporarily halted a massive rally in gold and silver, while the Dow took a hit from negative reactions to blue-chip earnings.

Kiplinger · Jan 30

GOP senator rips Trump response to Alex Pretti’s killing by feds in Minneapolis: ‘Stock going down?!’

‘I don't think the American people are going to like that,’ Thom Tillis tells The Independent

The Independent UK · Jan 30

Jerome Powell warned his successor to stay out of elected politics and offered other advice. Here’s what Kevin Warsh might do as Fed chair

The former Fed governor is a strong critic of the Fed and shared his plans to shape the central bank in 2025.

Fortune · Jan 30

Key Inflation Metric Hits 3 Percent, Despite Trump's Claim That Rising Prices Are 'Solved'

The new producer price index report complicates the administration's push for lower interest rates.

Reason · Jan 30

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 · Jan 30

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 · Jan 30

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 · Jan 30