The Latest Breaking News from Kevin Warsh

Fed Officials Warn Financial Market Risks Are Rising As Warsh Takes Over, Minutes Show

Minutes from the Fed's April 28-29 policy meeting showed that staff and several policymakers reportedly viewed financial vulnerabilities as "notable."

International Business Times · May 22

Kevin Warsh replaces Jerome Powell as Fed Chair after being sworn in at White House

IN FULL

The Independent UK · May 22

Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank

President Donald Trump has overseen the White House swearing-in of the new Federal Reserve chair

AAP · May 22

Kevin Warsh sworn in by Clarence Thomas as Trump claims he wants ‘independent’ Fed Reserve under his hand-picked chair

Trump has spent years attempting to bully the central bank into lowering interest rates to artificially juice the U.S. economy

The Independent UK · May 22

Kevin Warsh sworn in as Fed chair as Trump faces backlash over economy

Former Wall Street banker takes over amid growing concern over cost of living and disapproval of Trump’s agenda

The Guardian - US · May 22

Kevin Warsh takes over US Fed with a policy problem already in view

An unfolding boom in artificial intelligence technology is reshaping the economy in ways Fed officials say could be profound for workers, companies and consumers, but will be hard for Warsh and his colleagues to assess in real time. At the same moment inflation is already high and potentially heading higher…

The Economic Times · May 22

Wall Street has pretty much written off the idea of a Fed rate cut at Kevin Warsh's first meeting

Everything you need to know before you reach the office this morning.

Fortune · May 22

Warsh takes over Fed with a policy problem already in view

Kevin Warsh takes charge as the new Fed leader. He faces a critical juncture for the economy and monetary policy. Inflation is high and could rise further. Artificial intelligence is reshaping industries. Warsh must decide whether to raise interest rates to combat inflation. His actions will be closely watched by…

The Economic Times · May 22

US Stock Market: Fed mulls longer dollar liquidity support for global central banks

The US Federal Reserve is considering extending dollar swap lines with major global central banks to strengthen financial stability amid rising geopolitical risks, according to Reuters. Officials say longer-term liquidity arrangements could provide greater certainty to markets and reinforce the Fed’s role in supporting global funding systems during stress periods.

The Economic Times · May 22

US Stock Market: Fed split widens as policymakers debate inflation and growth risks

Deepening divisions at the Federal Reserve highlight a struggle with stubborn inflation and geopolitical uncertainty. Policymakers debated interest rate hikes, with four dissenting votes, the highest since 1992. Incoming Chair Kevin Warsh's stance on lower rates adds complexity to the central bank's balancing act.

The Economic Times · May 21