The first meeting of the Federal Reserve’s policy making Federal Open Market Committee (FOMC) under the chairmanship of Kevin Warsh concluded with keeping rates unchanged in a 12-0 vote. As a result, the target range for the federal funds rate remains at 3.5% to...
A Phil Hall Op-Ed: On Sunday evening, Jerome Powell was presented with the 2026 John F. Kennedy Profile in Courage Award. According to the John F. Kennedy Library Foundation, which presented the award to the former Fed chairman and current Fed governor, Powell was...
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...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
