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The US Justice Department has dropped its investigation into Jerome Powell, clearing the way for Kevin Warsh's confirmation as Fed Chair.
The US Justice Department concludes its investigation into Jerome Powell, facilitating Kevin Warsh's nomination to Fed chair.
Kevin Warsh aims for Fed independence amid Senate scrutiny and calls for interest rate cuts from President Trump.
Trump escalates threats against Fed Chair Powell if he doesn't resign, complicating succession plans amid ongoing investigations.
Kevin Warsh's financial disclosures show assets exceeding $100 million, raising questions as he seeks to lead the Federal Reserve.
Wholesale prices in the US saw a significant increase of 4% as energy costs surged due to the ongoing war in Iran.
A federal judge has rejected efforts by the Justice Department to revive subpoenas issued against Federal Reserve Chair Jerome Powell, asserting lack of evidence.
The US Federal Reserve holds interest rates steady as inflation pressure rises amid uncertainties from the Iran war.
Federal judge quashes subpoenas against Fed Chair Powell, citing political motivation by the Trump administration and lack of evidence for the probe.
Trump nominates Kevin Warsh to chair the Federal Reserve, seeking to influence monetary policy amid ongoing scrutiny of Jerome Powell's leadership.
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