The Latest Breaking News from US Federal Reserve

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...

Barchart · Apr 21

Ukraine wants to name part of its nation ‘Donnyland’ to appease Trump and end war with Russia: report

‘Donnyland’ appears to be a nod to the president’s fondness for putting his name on everything from federal buildings and skyscrapers to bank accounts and commemorative coins

The Independent UK · Apr 21

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.

Kiplinger · Apr 21

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.”

Fortune · Apr 21

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’

The Guardian - US · Apr 21

Fed Chair Nominee Kevin Warsh Says Central Bank Will Remain 'Strictly Independent'

President Donald Trump's nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president's "sock puppet."

International Business Times · Apr 21

Questions About Fed Leadership Arise As Kevin Warsh Nomination Faces Scrutiny

Political gridlock over top economic appointments is raising questions about stability at the Federal Reserve.

International Business Times · Apr 21

Stocks Erase Early Gains as Crude Prices Jump on Iran Concerns

The S&P 500 Index ($SPX ) (SPY ) today is down -0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.02%. June E-mini S&P futures (ESM26 ) are down -0.13%, and June E-mini Nasdaq futures...

Barchart · Apr 21

Trump’s pick to replace Fed chair Jerome Powell faces Senate confirmation hearing

IN FULL

The Independent UK · Apr 21

Dollar Climbs on Strong US Economic Reports

The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales reports. The dollar also has support on signs that Fed Chair nominee Kevin Warsh will support an independent Fed and prioritize low inflation....

Barchart · Apr 21