Washington — The Senate on Wednesday voted to confirm Kevin Warsh as chairman of the Federal Reserve, marking a victory for President Trump, who has clashed with outgoing Fed chief Jerome Powell repeatedly and urged the central bank to slash interest rates. The vote was 54-45, with Democratic Sen. John Fetterman of Pennsylvania joining all … Read more
Washington — The Senate confirmed Kevin Warsh to the Federal Reserve’s Board of Governors on Tuesday, a crucial step in President Trump’s push to make Warsh the central bank’s leader after months of uncertainty due to a criminal probe of outgoing chief Jerome Powell. The chamber voted 51-45 to confirm Warsh to a 14-year term … Read more
In the year since President Trump and the GOP’s decisive 2024 victories, Democrats have been grappling with a central question: how to chart a path out of what many in the party have described as the political “wilderness.” A series of wins in 2025 — from New York City to California, New Jersey and Virginia … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX: Congress’s powerful Ways and Means Committee is expanding its investigation into an alleged “foreign-aligned influence network” that happened to be at the heart of the anti-American, pro-communist protests unleashed on the country’s streets on May Day. Just after 1 p.m. on Friday, a black … Read more
Florida is moving forward with Gov. Ron DeSantis’ plan to redraw its congressional map that would likely give Republicans more seats. Evan Power, chair of the Florida Republican Party, joins “The Takeout” to discuss. Source link
NEWYou can now listen to Fox News articles! Ken Martin, the chairman of the Democratic National Committee (DNC), gave mixed signals on Wednesday when asked if he would release some version of the 2024 autopsy — the unreleased report on what went wrong for Democrats in the last presidential election. That document, a 200-page analysis … Read more
Powell says he’s staying on Fed board “for a period of time to be determined” after chair term ends – CBS News Watch CBS News Jerome Powell held his last news conference as Federal Reserve chair on Wednesday, announcing his intention to stay on the central bank’s board as a governor “for a period of … Read more
Federal Reserve holds interest rates steady as Chair Powell’s term nears end – CBS News Watch CBS News The Federal Reserve held its benchmark interest rate steady on Wednesday as the U.S. economy continues to grapple with rising inflation. CBS News MoneyWatch correspondent Kelly O’Grady has more. Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Jerome Powell calls his time as Fed chair a ‘privilege’ during last press conference 03:09 UP NEXT Federal Reserve keeps interest rates steady for third straight time 03:19 Justice Department ends criminal probe of Powell 02:07 Stocks surge … Read more
The Senate Banking Committee is set to vote Wednesday morning on whether to advance the nomination of Kevin Warsh, President Trump’s pick to lead the Federal Reserve, after Jerome Powell steps down as chair next month. To move forward, Warsh needs a majority of committee members to approve his nomination. The vote is scheduled for 10 … Read more