Powell could remain at the Fed despite looming end of chair term

NEWYou can now listen to Fox News articles! Federal Reserve Chair Jerome Powell is set to deliver what is expected to be his final news conference as head of the Fed on Wednesday. The end of his chairmanship next month, however, may not mark his departure from the world’s most powerful central bank — and … Read more

WATCH: Hearing erupts after Dem chair tries to sidestep GOP transgender sports bills: ‘They’re petrified’

Trump admin pushes for fairness in women’s sports as DOJ sues Minnesota The Trump administration, through the Justice Department, sues Minnesota over Title IX compliance issues, aiming to protect fairness in women’s sports. Collegiate softball player Kendall Kotzmacher shares her heartbreaking experience playing against a biological male, highlighting the need to protect female athletes’ hard-earned … Read more

Interest rates expected to hold steady at Fed meeting likely to be Powell’s last as chair

The Federal Reserve is expected to keep interest rates steady Wednesday, at what is likely to be Chair Jerome Powell’s last policy meeting as the leader of the world’s most influential central bank. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Last week, a clear path opened up … Read more

DNC vice chair attacks Democratic Sen. John Fetterman: ‘You’re a mess’

Fetterman breaks down current image of the Democrat Party Sen. John Fetterman, D-Pa., discusses bipartisan efforts to combat Medicaid fraud. He then criticizes the Democratic Party’s evolving stance on issues like foreign policy and moral clarity, expressing concern over current trends. NEWYou can now listen to Fox News articles! Malcolm Kenyatta, a Democratic National Committee … Read more

Tillis says he’s ready to move ahead with confirming Warsh as Trump’s pick as Fed chair

WASHINGTON — WASHINGTON (AP) — The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve said Sunday he was dropping his opposition after the Department of Justice ended its investigation of the current central bank chair. The announcement by Sen. Thom Tillis of North Carolina removes a … Read more

Tillis says he’s prepared to move forward with Kevin Warsh’s nomination for Fed chair

Washington — Sen. Thom Tillis of North Carolina said Sunday that he is prepared to move forward with the nomination of Kevin Warsh for chairman of the Federal Reserve’s Board of Governors, bringing an end to his blockade on nominations to the central bank. Tillis, a Republican who sits on the Senate Banking Committee, had … Read more

Justice Department drops criminal probe of Fed Chair Jerome Powell

Justice Department drops criminal probe of Fed Chair Jerome Powell – CBS News Watch CBS News The Justice Department ended its criminal investigation into Federal Reserve Chair Jerome Powell over the central bank’s renovation project, U.S. Attorney Jeanine Pirro announced Friday. Source link

Don’t count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

WASHINGTON — President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet. The odds of Kevin Warsh becoming chair by the time Jerome Powell’s … Read more

Trump will ‘deliver’: RNC chair signals midterms confidence despite ‘doom and gloom’

NEWYou can now listen to Fox News articles! EXCLUSIVE — Despite facing a rough political environment, Republican National Committee Chair Joe Gruters remains optimistic the GOP will successfully defend its slim Senate and razor-thin House majorities in this year’s midterm elections. “I think we’re on track. I still think that we have a chance to … Read more

End of Justice Department’s Powell probe could clear way for Kevin Warsh’s confirmation as Fed chair

The Justice Department has dropped its criminal investigation into outgoing Federal Reserve Chair Jerome Powell over the central bank’s renovation. The move clears a key hurdle for President Trump’s pick to replace Powell, Kevin Warsh. CBS News congressional correspondent Nikole Killion reports. Source link