Sen. Thom Tillis (R-NC) has offered a compromise solution that will enable him to drop his threatened block of Kevin Warsh’s nomination to chair the Federal Reserve without having the Trump administration lose face over its probe into cost overruns at the central...
Kevin Warsh, President Trump’s nominee to become the next Federal Reserve chairman, vowed to maintain the central bank’s independence after the president said he expected Fed rate cuts once Warsh took office. In a CNBC interview this morning ahead of Warsh’s...
President Trump has threatened to fire Federal Reserve Chairman Jerome Powell if he remains at the central bank after his leadership term ends on May 15. Powell still has two years to serve as a member of the Fed’s board of governor, and under Fed rules he can...
Prosecutors from the office of US Attorney Jeanine Pirro attempted to make an unannounced inspection of the construction work for the Federal Reserve’s headquarters renovation. The Wall Street Journal, sourcing its coverage from an unnamed “person familiar with the...
The Senate hearing to consider President Trump’s nomination of Kevin Warsh to become the next Federal Reserve chairman has been indefinitely delayed. CNBC, sourcing its coverage from unnamed “people familiar with the matter,” reports the Senate Banking Committee has...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
