President Donald Trump threatened to fire Federal Reserve Bank Chair Jerome Powell if he stays on the board after his leadership term expires next month — but also championed the federal investigation that could sideline his own pick for the job. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive … Read more
NEWYou can now listen to Fox News articles! President Donald Trump’s pick to lead the Federal Reserve is headed to the Senate next week, but Trump is worried that one Senate Republican could doom the confirmation process. Kevin Warsh is scheduled for his confirmation hearing before the Senate Banking Committee after his initial hearing set … Read more
Kevin Warsh, President Trump’s nominee to be the next chair of the Federal Reserve, has a net worth exceeding $100 million, making him far wealthier than outgoing Fed Chair Jerome Powell, according to a new financial disclosure form. Warsh, who is set to step into the Fed chair role in May, listed hundreds of investments, including … Read more
Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent met with top bank CEOs in a closed-door meeting this week to discuss the cybersecurity risks posed by Anthropic’s latest AI model, Mythos, sources told CBS News. JPMorgan Chase chief executive Jamie Dimon was invited but was unable to attend, according to the sources. The … Read more
NEWYou can now listen to Fox News articles! A week after President Donald Trump urged Sydney Gruters to run for an open GOP-held congressional seat in Florida, the former executive director of the state’s New College Foundation and wife of Republican National Committee (RNC) Chair Joe Gruters declared her candidacy. “As a working mother of … Read more
SPRINGDALE, Ark. — The former chairman of the Arkansas State Medical Board was indicted on charges that he drugged and abducted patients at a psychiatric facility in order to get more money from health care reimbursements, according to an indictment released on Monday. An Arkansas grand jury indicted Dr. Brian Hyatt in early March on … Read more
Federal Reserve Chair Jerome Powell has a message for young Americans looking for work in a tough job market: Don’t be deterred, even as job creation remains weak and the threat of artificial intelligence looms. The Fed chair, who made the comments on Monday to an undergraduate economics class at Harvard University, covered a lot … Read more
A new video released on Thursday shows Taylor Frankie Paul attacking her ex-boyfriend, Dakota Mortensen, in front of her daughter three years ago. Shortly after the video was published, a Disney spokesperson confirmed on Thursday that they had pulled Taylor’s season of “The Bachelorette,” which was set to premiere on Sunday. “In light of the … Read more
In an exclusive interview with CBS News Saturday, Federal Communications Chair Brendan Carr doubled down on his warning that broadcast licenses could be revoked amid President Trump’s criticisms of media coverage of the war in Iran. “People have gotten used to the idea that, you know, licenses are some sort of property right, and there’s … Read more
Federal Communications Commission Chair Brendan Carr threatened to revoke broadcast licenses on Saturday, echoing criticism from President Trump over news networks’ coverage of the U.S.-Israeli war in Iran. “Broadcasters that are running hoaxes and news distortions – also known as the fake news – have a chance now to correct course before their license renewals … Read more