Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.
The Federal Reserve is still widely expected to hold interest rates steady when its officials next meet on March 17-18.
One of Wall Street's premier catalysts appears poised to turn into a significant liability.
Warsh's nomination, which was initially announced Jan. 30, was forwarded to the Senate Wednesday, where it will be taken up by the Senate Banking Committee.
Sen. Thom Tillis has said he would block Kevin Warsh's nomination until a federal criminal investigation of Fed Chair Jerome Powell is dropped ...
March 9 (Reuters) - Federal Reserve Chair Jerome Powell had a flurry of calls with U.S. lawmakers in the week following his January 11 disclosure of a Department of Justice investigation into his ...
Low Fed interest rates as a driver of economic growth, inflation, or both is thoroughgoing Keynesian nonsense.
By Pete Schroeder WASHINGTON, March 5 (Reuters) - The U.S. Federal Reserve announced on Thursday it had terminated the ...
The Kansas City Fed may term this "Tier 3" access, but Kraken's entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.
Early 2026 data have painted an economy on steady footing at the start of the year—but with risks from stubborn inflation, a job market that has slowed, and heightened uncertainty about economic ...