Trump nominates Kevin Warsh for Fed chair
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The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6%.
President Donald Trump's nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other. Warsh,
President Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve Board chair when Powell's term expires in May. The president made the announcement in a post on his Truth Social platform on January 30. Warsh previously served as a member of the Federal Reserve Board of Governors from 2006 to 2011.
The Federal Reserve is on track to post its first systemwide profit since the fourth quarter of 2022. Since September, 2022, the combined expenses of the 12 Federal Reserve district banks and the Federal Reserve Board of Governors (BOG) have exceeded the ...
The Federal Reserve resumed securities purchases in December 2025, increasing its portfolio by $33.3 billion since late November. U.S. commercial banks currently hold nearly $3.0 trillion in excess reserves, maintaining substantial liquidity despite recent ...
Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of the banking sector and reduce systemic risk.
President Donald Trump is all set to nominate Kevin Warsh to be the next chair of the Federal Reserve, succeeding the independent-minded Jerome Powell. Warsh, 55, is a financier and bank executive who previously served as a member of the Federal Reserve Board of Governors.
The Federal Reserve ended quantitative tightening on December 1, 2025, after reducing its securities portfolio by $2.2 trillion since March 2022. Throughout this period, the Fed prioritized shrinking its securities portfolio over leading with Federal Funds ...
The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.