—Stocks closed lower on Wall Street while gold and silver prices plunged as investors tried to gauge what President Donald Trump’ s new nominee to lead the Federal Reserve will mean for interest rates going forward. The value of the U.S. dollar rallied but only after swiveling a couple times. NEW YORK— Financial markets are churning on Friday as investors try to…
Economic News
—President Donald Trump says he’ ll tap former Federal Reserve governor Kevin Warsh as the next Fed chair to replace Jerome Powell in May— with Trump believing that he can finally get the booming economy that he promised to voters. Warsh has many of the trappings of a traditional pick to lead the world's most important central bank, yet he's doing so at a decidedly…
Following months of speculation, President Donald Trump has nominated Kevin Warsh to serve as the Chairman of the Board of Governors for the Federal Reserve. Warsh, 55, currently serves as the Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institution, a lecturer at Stanford University Graduate School of Business, and a partner at…
Federal Reserve Board member Lisa Cook leaves the U.S. Supreme Court on Jan. 21, 2026, after oral arguments in Trump v. On Jan. 21, 2026, the U.S. Supreme Court heard oral arguments in one of the most significant cases of this kind to date. It was brought by Lisa Cook, a member of the Board of Governors of the Federal Reserve.
—President Donald Trump's nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other. Warsh, if approved by the Senate, will be under close scrutiny from financial markets and Congress given his appointment by a president who has loudly demanded much…
—Trump will nominate former Federal Reserve governor Kevin Warsh as the next Fed chair.
STARKVILLE, Miss.— John J. Green, director of the Southern Rural Development Center at Mississippi State University and professor in the Department of Agricultural Economics, has been named a Community Development Research Fellow with the Federal Reserve Bank of St. Louis, a part of the Federal Reserve System's network of regional banks that help promote a…
–Buy the BTC/USD pair and set a take-profit at 92,000.– Add a stop-loss at 84,000. Bitcoin price continued its consolidation on Thursday after the Federal Reserve delivered its interest rate decision and as ETF outflows continues. The BTC/USD pair also wavered after Donald Trump announced that he would attack Iran unless its leaders made a deal with the…
The White House's threats to use force to seize Greenland from Denmark and the launch of a Justice Department criminal investigation into Federal Reserve Chair Jerome Powell are profound and needless assaults on two of the most important pillars of American power and prosperity— NATO and central bank independence. For starters, using force against the…
The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious. Before restarting rate cuts, policymakers will likely want to see convincing evidence that either inflation is retreating back to 2% or that the labor market is starting to lose more…
Im Lorie Logan, and I proudly serve as the president and chief executive officer here at the Federal Reserve Bank of Dallas. We are one of 12 regional reserve banks that, along with the Board of Governors in Washington, make up the Federal Reserve System. The 12 Federal Reserve banks serve as the local regional operational arms of the Federal Reserve System,…
John Kennedy and Andy Kim, members of the Senate Banking Committee, today reintroduced the Close the Shadow Banking Loophole Act to ensure companies that operate like banks follow the same rules and receive the same Federal Reserve oversight banks do. Currently, some companies can offer banking services through industrial loan companies, whose parent…
Jan. 29— Officials from Pullman- based Schweitzer Engineering Laboratories announced Thursday that company president David E. Whitehead has been appointed to an advisory council for the Federal Reserve Bank of San Francisco. Whitehead will join business leaders from nine other states on the 12th District Economic Advisory Council. In Pullman, Whitehead…
Mr. Trump, writing on Truth Social, said the decision not to cut rates would harm the country. “We should have a substantially lower rate now that even this moron admits inflation is no longer a problem or threat,” Mr. Trump wrote of Mr. Powell.“ He is costing America Hundreds of Billions of Dollars a year in totally unnecessary and uncalled for INTEREST EXPENSE.”.
—President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday morning, a long-awaited decision that could set up a showdown on whether the U.S. central bank preserves its independence from the White House and electoral politics. For the past year, the president has aggressively attacked Fed Chair Jerome Powell, whose…
2026 JAN 29– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Investigators discuss new findings in Investment. For more information on this research see: Whistleblowers and Financial Fraud. Journal of Financial Stability, 2026; 82. Journal of Financial Stability can be contacted at: Elsevier Science Inc, Ste 800, 230 Park Ave, New York, NY…
—The Federal Reserve is on track to keep interest rates steady Wednesday and defy the Trump administration's controversial efforts to reshape the independent central bank. "After cutting interest rates at each of the last three meetings, we expect the to take an extended pause," Michael Pearce, chief U.S. economist at Oxford Economics, wrote in a Thursday…
An independent U.S. monetary authority is imperative for economic growth, prosperity, stability, and- indeed- sustainability. About 50 years ago, my dissertation developed an early model of the monetary system and measured the effects of Federal Reserve policy. After the Panic of 1907, Congress created the Federal Reserve in 1913, formally added the Federal…
WASHINGTON- The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment, an outlook that could signal a lengthy wait before any further reductions in borrowing costs. "We expect the Federal Reserve to remain on an extended pause.
