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The Latest Breaking News from Kevin Warsh

Tillis will support Warsh, clearing way for Trump's Fed pick

"It is time for the Federal Reserve to move beyond this distraction and return its full attention to its mission."

Axios

US justice dept closes criminal investigation into Fed chief Jerome Powell, clearing hurdle for Trump nominee Kevin Warsh

The Justice Department has closed its investigation into Federal Reserve Chair Jerome Powell regarding headquarters renovation cost overruns. This move removes a hurdle for Kevin Warsh's confirmation as Fed chair. The probe's closure allows scrutiny to continue through the Inspector General's office, with potential for criminal investigation restart if warranted.

The Times of India

Nasdaq, S&P 500 Reach New All-Time Highs: Stock Market Today

The leader of the AI revolution helped carry two of the three main U.S. equity indexes to new highs heading into the weekend.

Kiplinger

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Why Trump’s DOJ decided to drop the criminal case against Fed Chair Jerome Powell

IN FULL

The Independent UK

US justice department drops criminal investigation against Jerome Powell

Move will remove obstacle for confirmation of Kevin Warsh, Trump’s pick to replace Powell as Federal Reserve chair

The Guardian - US

DOJ Drops Criminal Investigation Of Jerome Powell, Potentially Paving Way For Confirmation Of Kevin Warsh

The Department of Justice dropped on Friday its criminal investigation of Federal Reserve Chair Jerome Powell, federal prosecutor Jeanine Pirro announced.

International Business Times

Pirro drops Powell probe, handing Kevin Warsh a lifeline, though U.S. attorney vows to restart probe ‘should the facts warrant doing so’

It’s unclear whether or not Powell will choose to stay on the board.

Fortune

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Trump’s DOJ drops case against Jerome Powell to clear the way for Kevin Warsh as Fed chair

Trump’s pick to lead the Fed was blocked by a key Senate Republican unless prosecutors agreed to back off the case

The Independent UK

DOJ drops investigation into Fed’s Powell

U.S. Attorney Jeanine Pirro said Friday that she is dropping her investigation into Federal Reserve Chair Jerome Powell over the cost for renovations at the central bank, a move that could clear a path for the Senate to confirm Kevin Warsh as Powell’s replacement. “I have directed my office to…

Roll Call

Photos of the week | April 17-23, 2026

Another new member of Congress was sworn in, budget hearings dominated the Hill and a big redistricting referendum vote passed in Virginia this week. Here are images captured by CQ Roll Call photojournalists.

Roll Call

Wrapup: Senate all-nighter puts ICE in Johnson’s court

Congress got one step closer this week to funding immigration enforcement for the rest of President Donald Trump’s term, while House lawmakers dealt with more ethics fallout and wrangled behind closed doors over a key surveillance authority. But the path forward once again depends on whether Speaker Mike Johnson, R-La.,…

Roll Call

Fed chair nominee Warsh rejects 'Trump sock puppet' label at Senate hearing

Kevin Warsh, the nominee for Chair of the US Federal Reserve, declared he has not pledged to lower interest rates to secure his position despite public calls from US President Donald Trump for immediate monetary easing.

Euronews

Wall Street won’t like it—but Kevin Warsh at the Fed may mark the end of your chatty neighborhood chairman

Until yesterday, many might have hoped that Warsh’s criticism of forward guidance was an ideal rather than an actionable opinion. They were wrong.

Fortune

S&P Futures Climb as Investors Cheer U.S.-Iran Ceasefire Extension, Tesla Earnings in Focus

June S&P 500 E-Mini futures (ESM26) are trending up +0.56% this morning as sentiment improved after U.S. President Donald Trump indefinitely extended the ceasefire with Iran.

Barchart

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The Guardian - US

Why Trump’s pick for Fed chair will not bring home the bank for the president

Kevin Warsh, Trump’s ‘central casting’, has a long road ahead of convincing board members to lower interest rates

The Guardian - US

Democrats celebrate as Virginia voters approve new congressional maps that could flip House seats in their favor – as it happened

This live blog is now closed.

The Guardian - US

Trump news at a glance: Trump backs off threat to resume bombing Iran and extends ceasefire

President changed his tune at request of Pakistan’s leaders, though he said military blockade of Iranian ports will continue

Axios

Thune nudges Trump to "wrap up" Fed probe

"We all agree that Kevin Warsh is a great pick and hopefully will be confirmed."

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Barchart

Stocks Fall as Iran Refuses to Attend Peace Talks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.63%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.42%. June E-mini S&P futures (ESM26 ) fell -0.62%, and June E-mini Nasdaq futures...

The Independent UK

New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

New York is suing Coinbase and Gemini over unregulated and unlicensed prediction market platforms that the state contends are illegal gambling operations

Kiplinger

Stocks Turn Lower on Iran Worries: Stock Market Today

Stocks gave up early gains Tuesday on concerns the U.S.-Iran ceasefire deadline could expire without a peace deal in place.

Barchart

Dollar Advances with US-Iran Talks in Limbo

The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar retail sales and Mar pending home sales reports. The dollar gained further on Tuesday after stock prices slumped when Vice President Vance's trip to...

The Independent UK

Internet sleuths go crazy as NFL Hall of Famer Larry Fitzgerald sits behind Trump Fed Chair pick Kevin Warsh

Eagle-eyed fans spotted the former Arizona Cardinals wide receiver in an unexpected place

Fortune

Kevin Warsh would be one of the wealthiest Fed chairs ever and says he ‘lived the American Dream.’ Here’s what he wants for the central bank

During and after the pandemic, the Fed “missed its mark,” Warsh told senators, and the U.S. economy is “still dealing with the legacy of policy errors.”

The Guardian - US

Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

Kevin Warsh says ‘we need to take politics out of monetary policy’ as Elizabeth Warren calls him Trump’s ‘sock puppet’

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