Topic

Federal Reserve

2 articles

Fed Chair Jerome Powell's Term Ends Amid White House Pressure

Jerome Powell's term as Federal Reserve Chair ended May 15 amid intense White House pressure for deeper rate cuts. He will remain as a Fed Governor. His successor Kevin Warsh faces challenges, including expectations of holding rates steady despite Trump's calls for cuts.

May 14, 2026

Economy

Kevin Warsh Confirmed to Federal Reserve Board in Close Senate Vote

The U.S. Senate confirmed Kevin Warsh to the Federal Reserve Board by a 51-45 vote on Tuesday. The vote paves the way for a subsequent ballot on his appointment as Fed chair.

May 12, 2026