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

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.

Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution

7 January 2026 at 10:01
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates free of political meddling.

President Trump has said anybody who disagrees with him will never get the top job at the Federal Reserve, prompting concern that his nominee will prioritize pleasing him over all else.

Powell Stresses β€˜Challenging Situation’ for Fed as Rate Debate Intensifies

23 September 2025 at 18:51
Jerome H. Powell, chair of the Federal Reserve, suggested he saw further scope to lower interest rates this year to protect the labor market despite rising inflation.

Jerome H. Powell, the Federal Reserve chair.

CPI Shows US Inflation Sped Up in June as Trump’s Tariffs Pushed Up Prices

15 July 2025 at 18:46
The Consumer Price Index rose 2.7 percent from a year earlier, as the global trade war started to bite.

Shoppers at a mall in Miami Beach, Fla.

Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight

15 July 2025 at 18:37
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.

β€œPlaying around with the Fed can often have adverse consequences β€” the absolute opposite of what you might be hoping for,” Jamie Dimon, chief executive of JPMorgan bank, said Tuesday.

The Fed Could Be on Hold Until September, Economists Say

8 May 2025 at 18:17
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.

β€œIt’s really not at all clear what it is we should do,” Jerome H. Powell, the Federal Reserve chair, said during a news conference on Wednesday in Washington.

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