WASHINGTON — President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, vowed Tuesday the central bank would remain “strictly independent” if he’s confirmed to the top spot, even as the president has broadcast his demand for the new Fed chair to lower interest rates.
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Like the nation, New York-founded American Express saw stunning growth as it adapted to cultural shifts and catered to a perception of exclusivity.
A former Erie Insurance employee accused of leveling threats against company officials pleads guilty to harassment and is sentenced to probation.
Health insurers would have likely faced a financial strain by participating in the Medicare pilot.
Let's have a public hearing to learn whether insurance companies in Oklahoma are taking advantage of weak regulation
The Federal Reserve is quietly resuming quantitative easing, expanding its balance sheet by $200 billion to absorb soaring government debt.
Prosecutors from U.S. Attorney Jeanine Pirro's office made a surprise visit as the Trump administration continues its pressure campaign against the central bank.
President Donald Trump’s own words were repeatedly used against him Tuesday during a bumpy confirmation hearing for Trump’s Federal Reserve Chair nominee Kevin Warsh. During a two-and-a-half hour Senate Banking Committee hearing, the risk poised by the president to Federal Reserve independence loomed large as Democratic and Republican senators pressed Warsh on Trump’s own…
Amid the hundreds of spending reductions in Colorado’s state budget for the next fiscal year are cuts to health care coverage that’s provided for low-income children and pregnant people regardless of immigration status.
President Donald Trump’s nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president’s "sock puppet."
Political gridlock over top economic appointments is raising questions about stability at the Federal Reserve.
At his confirmation hearings, Kevin Warsh will have to balance calls for lower borrowing costs and the inflation-fighting credentials of the Federal Reserve.
President Donald Trump picked Kevin Warsh to deliver the rate cuts the White House has been demanding for more than a year.. But the incoming Federal Reserve chairman is arriving in Washington with a different product. In its place, he offers two pitches the White House did not order: a Fed that owns inflation, and a Fed that answers to no one on monetary policy.
Kevin Warsh has been lying low since becoming the president’s choice to be the world’s most powerful central banker. Tuesday’s hearing will likely be the lone opportunity for public questioning of his views and intentions. The big picture: Democrats are likely to focus their questioning on Warsh’s commitment to preserving the Fed’s independence from the White House and on potential…
Here are a few questions we would ask Fed chair nominee Kevin Warsh at Tuesday’s Senate Banking Committee confirmation hearing, if we were suddenly offered a spot on the dais. The Federal Reserve Act indicates that governors can be removed for cause. What, in your view, constitutes cause and what do you believe a president needs to do to establish it if he wants to fire a governor?…
Kevin Warsh, set to face the Senate Banking Committee, says monetary policy independence is "essential" but has limits.
This story was first published by KFF Health News on April 16, 2026. Millions of people who apply for Medicaid in the coming years will have to prove they’ve been working, going to school, or volunteering for at least a month before they can gain or retain health insurance through the government program. But Republican […]
The message from top Republicans on Tuesday morning was that things were on track for an orderly transition atop the Federal Reserve when chair Jerome Powell’s term ends next month. Events over the next 24 hours made those prospects messier. The big picture: As much as Senate Republicans seek an off-ramp that would smooth the path for Kevin Warsh’s confirmation as Fed chair, the…
Several major sportsbooks have contributed tens of millions of dollars to a new super PAC to support sports betting throughout the country, Axios has learned. Why it matters: Traditional sportsbooks have been advocating for broader legalization amid rising competition with prediction markets like Kalshi and Polymarket. Driving the news: DraftKings, FanDuel, Fanatics and Bet365 —…
