Kevin Warsh was sworn in as chairman of the Federal Reserve in a White House ceremony. This marked the first time since 1987 that the White House was the setting for this ceremony. President Trump hosted the event, and Supreme Court Justice Clarence Thomas...
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 11-15. Hit: A New...
The US Senate has confirmed Kevin Warsh to become the 17th chairman of the Federal Reserve. Warsh was confirmed in a 54-45 vote along party lines, with Sen. John Fetterman of Pennsylvania as the sole Democrat approving the nomination. Warsh’s term will begin on May 15...
The US Senate voted mostly along party lines to advance Kevin Warsh’s nomination to the Federal Reserve Board of Governors. The 49-44 vote included two Democrats, Sens. Chris Coons of Delaware and John Fetterman of Pennsylvania, supporting Warsh. No Republicans voted...
The Federal Reserve had opted to maintain the target range for the federal funds rate at 3.5% to 3.75%. The central bank’s policy making Federal Open Market Committee (FOMC) cited a low level of job gains, elevated inflation and a “high level of uncertainty” due to...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
