Trump names Warsh as next Federal Reserve 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 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 ...
NPR's Ayesha Rascoe talks to economist Claudia Sahm about the upcoming Federal Reserve board meeting and what it can tell us about the current state of the U.S. economy.
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.