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Kevin Warsh, Trump’s Pick for Fed Chair, Discloses Vast Wealth Ahead of Confirmation Hearing

By: Colby Smith, Tony Romm and Steven Rich β€”
Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.

Kevin M. Warsh will be at a Senate hearing next week to consider him as the next chair of the Federal Reserve.

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Jobs Report Shows U.S. Hiring Slowed One Year Into Trump’s Second Term

By: Tony Romm and Ben Casselman β€”
As economists pointed to some of the president’s policies to explain the latest Labor Department data, White House aides sought to make the case for optimism in the new year.

The December jobs tally showed how President Trump’s agenda may have impacted the economy during his first year back in office.

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Rising Inflation Underscores Risks in Trump’s New Tariff Threats

By: Tony Romm and Colby Smith β€”
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1.
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Trump Officials Unveil Budget Cuts to Aid for Health, Housing and Research

By: Tony Romm β€”
The new blueprint shows that a vast array of education, health, housing and labor programs would be hit, including aid for college and cancer research.

President Trump’s budget proposes deep reductions for nearly ever major federal agency, reserving its steepest cuts for foreign aid, medical research, tax enforcement and a slew of anti-poverty programs.

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