The Fed has a new chair, and he faces a persistent problem- inflation. The next day, the Senate confirmed Kevin Warsh as chairman of the Federal Reserve. We'll turn now to Brown University economist Mark Blyth for his advice for Chairman Warsh and what the rest of us need to know about the economy.
Newswires
—Jerome Powell's stint leading the Federal Reserve is finished, but his battle with President Donald Trump is far from over. Powell's second four-year term as chair of the Fed board ended Friday, two days after his successor, Kevin Warsh, was confirmed by the Senate as the bank's next chief. As Trump's first year back in the White House wound down, the president…
By Rachel Spears, KFF Health News. Even as prescription drug costs rise, patients with commercial insurance have slowed their use of manufacturer-sponsored drug coupons in recent years, according to a study published April 6 by the Journal of the American Medical Association. Manufacturers are offering just as many of them,“ but still, we see a lot of…
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced the termination of the enforcement actions listed below:. UBS Group AG, Zurich, Switzerland, Credit Suisse AG, Zurich Switzerland, Credit Suisse Holdings, Inc., New York, New York and Credit Suisse AG, New York Branch, New York, New York.
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced its approval of the application by the Stephen M. Calk 2025 Trust, of Houston, Texas, to become a savings and loan holding company by acquiring National Bancorp Holdings, Inc., and thereby indirectly acquiring The Federal Savings Bank, both of…
The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Friday announced that it did not object to the conversion of United Texas Bank, of Dallas, Texas, from a bank supervised by the Federal Reserve to a national bank supervised by the Office of the Comptroller of the Currency. As required by law, the OCC submitted a…
STATE OF NORTH DAKOTA OFFICE OF THE COMMISSIONER OF INSURANCE I, Jon Godfread, Commissioner of Insurance of the State of North Dakota, do hereby certify that the foregoing is a true Abstract of Statement, as officially filed by the Company in this office. JON GODFREAD Commissioner of Insurance STATE OF NORTH DAKOTA OFFICE OF THE COMMISSIONER OF INSURANCE…
Confronting rising health insurance costs and relatively low state aid, the Haddon Heights Board of Education on Tuesday approved a 2026-27 school budget that raises taxes, eliminates staff positions, and signals deeper cuts could follow. The $33.1 million spending plan relies on a local school tax levy of $17.4 million, a 6.93 percent increase, alongside…
Measure ER in Los Angeles County is a one-half percent sales tax increase to pay the cost of providing full health insurance to illegal immigrants. It was placed on the ballot by a 4-1 vote of the Board of Supervisors, with only Kathryn Barger in opposition. Proponents, led by Supervisor Holly Mitchell, insist that this tax increase is necessary because of federal…
WASHINGTON— Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…
Across the United States, homeowners are facing higher costs tied to housing, utilities, insurance, maintenance, and borrowing. Mortgage rates remain elevated compared with the historic lows seen in 2020 and 2021, while property taxes, repair costs, and homeowners insurance premiums have also increased in many regions. Rising prices for construction…
It's understandable that North Carolina Gov. Josh Stein decided to host a signing ceremony last week that featured a smattering of legislative Republicans when he approved new "compromise" legislation to extend funding for the state's Medicaid health insurance program. After having enjoyed precious few policy wins and endured 16 months of relentless and…
Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects. In three states, Democratic lawmakers introduced bills this session that would allow insurance companies or state attorneys general…
WASHINGTON— Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…
That's common among members of the Idaho Farm Bureau Federation, an association that serves over 10,000 Idaho farmers, said Barrie, who serves as the organization's vice president. The plan lets Idaho farmers who are part of the Idaho Farm Bureau Federation to band together to buy cheaper health insurance by acting as one association of businesses, rather than…
If you’ reamongthe roughly 70 million peoplewhoget health coverage throughMedicare, the federal insurance programfor people age 65 and older andsomeyounger people with disabilities, you’ re probably already aware ofsomeof the big changes to the system in 2026— changes that have hit budgets hard. This year’ s 9.7% jump in premiums forPartB, which covers…
WASHINGTON- Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is returning as the U.S. central bank's leader with a big reform agenda that may be tough to translate into quick changes. Trump clashed repeatedly with Powell, initially demanding…
The following information was released by Florida Senator Rick Scott:. Jerome Powells legacy as Chair of the Federal Reserve will be exactly as President Trumpdescribes: too late. He failed at every level to deliver one of the central banks key metrics: stable prices.
The following information was released by the Centers for Medicare& Medicaid Services:. Today, the U.S. Department of Health and Human Services, through the Centers for Medicare and Medicaid Services, issued the "HHS Notice of Benefit and Payment Parameters for 2027; Basic Health Program" final rule that sets standards for the Health Insurance Exchanges, as well…
