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kevin warsh

Stocks fall, oil climbs amid uncertainty over US-Iran talks

Stocks fall, oil climbs amid uncertainty over US-Iran talks

Oil prices climbed and stocks slid Tuesday as uncertainty reigned over US-Iranian peace talks resuming, and the expiration of the two-week ceasefire in the Middle East loomed. Shortly after the US stock market closed, US President Donald Trump announced that he was extending the ceasefire, while keeping in

US Fed chair nominee says will not be controlled by Trump

US Fed chair nominee says will not be controlled by Trump

Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by the president as he fielded questions on his assets and central bank independence during his confirmation hearing. Warsh, a former Fed governor, was quick to emphasize his commitment

Senators grill Warsh on Fed independence, assets

Senators grill Warsh on Fed independence, assets

(The Center Square) - Senators grilled Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, over his asset disclosures and independence from the president’s decision-making. The U.S. Senate Banking, Housing and Urban Affairs committee held a confirmation hearing for Warsh on his plans to reform

Warsh calls for Fed independence, reform

Warsh calls for Fed independence, reform

(The Center Square) - Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, said he would maintain the central bank's independence from the president and enact reforms to its procedures. "I'm committed to ensuring that the conduct of monetary policy remains strictly

Trump Fed chair pick to vow interest rate independence at key hearing

Trump Fed chair pick to vow interest rate independence at key hearing

Kevin Warsh, US President Donald Trump's choice to lead the Federal Reserve, will stress his dedication to central bank independence on interest rates at a crucial confirmation hearing Tuesday, according to prepared remarks seen by AFP. "I am committed to ensuring that the conduct of monetary policy

Iran economic fallout is temporary, Hassett says

(The Center Square) – The economic fallout of the U.S. conflict in Iran will be temporary, National Economic Council Director Kevin Hassett said on Wednesday. Hassett touted the Trump administration’s policies to reduce prices for items like eggs and said the economy can bounce back from a temporary increase

Trump says will fire Fed chair if he stays beyond mandate

Trump says will fire Fed chair if he stays beyond mandate

President Donald Trump renewed pressure Wednesday on Federal Reserve Chair Jerome Powell, with the US leader threatening to fire the central bank chief if he stays beyond his mandate. Powell's term at the helm of the Fed expires on May 15, although he can remain in his role