Iran, Fed and Interest Rates
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The Federal Reserve weighs interest rate cuts as the Iran war complicates the inflation fight. Rising oil prices have created a challenging policy dilemma for the central bank.
FedChair Jerome Powell says he will not step down from the central bank's board until an investigation launched by President Trump's Justice Dept. is closed
"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the great Fed Chairmen."
Kevin Warsh's path to leading the Federal Reserve faces a hurdle as a Senate member holds up the nomination over ongoing Justice Department probe concerns.
Context: Israel is increasing its strikes against Iran and Lebanon, with Israeli Prime Minister Benjamin Netanyahu saying his military is “crossing names off the list” of senior Iranian officials. The White House detailed a plan to end the Homeland Security shutdown.
Despite appointing hundreds of judges, Donald Trump suddenly feels that the nation’s judiciary is out to get him. The president blatantly attacked the third branch of government over the weekend, venting over the span of several lengthy Truth Social posts about the various judicial decisions that overruled his unconstitutional policies.
Earlier this month, President Donald Trump officially nominated Kevin Warsh to serve as chair of the Board of Governors of the Federal Reserve. Warsh previously served at the central bank from 2006 to 2011. Warsh notably spoke out against interest rate cuts during the financial crisis, as he feared their effect on inflation.
WASHINGTON, March 16 (Reuters) - President Donald Trump's administration has asked a judge to reconsider his ruling that has effectively blocked a criminal investigation into U.S. Federal Reserve Chair Jerome Powell,
GB News on MSN
Donald Trump's lawyer blocked from subpoenaing Federal Reserve chair amid interest rate row
A US federal judge has blocked subpoenas from the Trump administration targeting the Federal Reserve as part of a criminal probe into Chair Jerome Powell, according to court documents made public earlier today.
4don MSNOpinion
The Trump-led Iran war can lead to a triple whammy for the Federal Reserve -- and the stock market may end up paying the price
America's foremost financial institution may become one of the stock market's biggest liabilities.