Jerome Powell

President Donald Trump and his allies are intensifying efforts to reshape the Federal Reserve by targeting members of the Board of Governors, including Lisa Cook and former Chair Jerome Powell, following a Supreme Court ruling that blocked an attempt to remove Cook. The administration is also seeking to influence the central bank through a vacancy at the Atlanta Fed.

Jerome Powell warned that a politicized Federal Reserve would lose public trust. He described the central bank's credibility as a 'priceless asset' built over decades that officials must safeguard.

Alan Greenspan, former US Federal Reserve chairman, died at 100 from Parkinson’s disease complications. He led the Fed from 1987 to 2006, overseeing a decade-long economic expansion but later faced criticism for policies linked to the 2007-2009 financial crisis.

Kevin Warsh, confirmed as Federal Reserve chair, emphasized a hawkish stance on inflation during his first press conference, rejecting dovish arguments and keeping benchmark rates unchanged. Markets reacted negatively, with stock indices falling and Treasury yields rising, as Warsh reiterated the Fed's commitment to price stability.

Kevin Warsh, the new Fed chair, plans to overhaul the central bank's traditions by eliminating forward guidance, reducing forecasts, and relying more on real-time data. He has appointed task forces to focus on data, communication, inflation, and other key areas, signaling a shift from previous practices under Jerome Powell.

Kevin Warsh confirmed the Federal Reserve will hold the base rate at 3.5% to 3.75% during his first meeting as chairman. He emphasized a commitment to price stability amid inflation concerns and political pressures, while the June FOMC meeting was closely watched for signs of Fed independence amid prior tensions between the White House and former Chair Jerome Powell.

The Federal Reserve is set to announce its interest rate decision, the first since Kevin Warsh became Fed chair, replacing Jerome Powell. Analysts predict no change in rates despite Warsh's public support for lower interest rates.

Kevin Warsh, the new U.S. Federal Reserve chairman, faces his first test leading a Federal Open Market Committee meeting amid pressure from hawkish members and Wall Street's focus on his proposed 'regime change.' His dovish stance, influenced by optimism about AI's economic potential, contrasts with the more cautious approach of his predecessor, Jerome Powell.

Kevin Warsh, the newly appointed Federal Reserve chair, is set to address interest rate policy during his first Fed meeting, with markets and economists awaiting signals on inflation control. The Fed is expected to maintain its key rate at 3.6% amid high inflation and divided policymakers, while dropping language suggesting imminent rate cuts.

California Governor Gavin Newsom accused President Donald Trump of using the Department of Justice to investigate him, claiming Trump is targeting him and his family due to Newsom's potential 2024 presidential bid. Newsom alleged Trump's administration is seeking damaging information and cited past actions against figures like James Comey and Jerome Powell as examples of Trump's tactics.

Kevin Warsh was confirmed as the new Federal Reserve chair by the Senate on May 13. He will lead his first Federal Open Market Committee meeting on June 16 and 17, succeeding Jerome Powell.

Republican lawmakers express frustration with President Trump over issues including the war, economy, and an abandoned anti-weaponization fund. Internal GOP tensions rise as some members resist Trump's influence, with conflicts involving figures like Thomas Massie, John Cornyn, Bill Cassidy, and challenges to legislative efforts such as funding ICE and Border Patrol.

The Federal Reserve is undergoing a political 'stress test' that could threaten the economy, according to Powell. The Supreme Court is expected to rule soon on Trump's attempt to remove a Fed governor.

Jerome Powell, former Federal Reserve chair, warns that political interference in monetary policy could erode public trust in the central bank. He described the Federal Reserve as undergoing a 'stress test' under Donald Trump's administration, with the Supreme Court considering a case involving a Fed governor the president attempted to dismiss.

Jerome Powell, former chair of the Federal Reserve, warned that political interference in monetary policy could permanently destroy public trust in the central bank. He stated the institution is undergoing a 'stress test' under Donald Trump's administration as the Supreme Court considers a case involving a Fed governor Trump attempted to fire.

Powell warns against political pressure on the Federal Reserve, stating it is undergoing a stress test and that removing officials over policy differences could lead to loss of public faith in the central bank.

The bond market signals rising inflation linked to the Iran war, complicating Trump's midterm challenges. U.S. and Iran exchange attacks amid a fragile ceasefire, while former Fed Chair Jerome Powell warns against political interference in institutions. Trump criticizes a judge blocking his Kennedy Center renovation and laments legal setbacks.

Jerome Powell warned that political pressure from the Trump administration on the Federal Reserve will harm public trust in the U.S. central bank.

Jerome Powell warned against political pressure on institutions like the Federal Reserve, courts, and schools during a speech accepting the John F. Kennedy Profile in Courage Award. He emphasized protecting the Fed's independence and criticized efforts to remove officials over policy disagreements, citing risks to democratic foundations.

Federal Reserve Chair Jerome Powell emphasized the importance of central bank independence. The article highlights his stance on maintaining the Fed's autonomy in monetary policy decisions.

Jerome Powell warns against politicisation of the US central bank amid attacks from Trump. He states the institution is undergoing a 'stress test' similar to others in the current era.

Jerome Powell defended the central bank's independence during a speech at the John F. Kennedy Presidential Library, accepting an award for his efforts. He emphasized that institutions like universities, courts, Congress, and the Fed are foundational to democracy and called the Fed's independence a 'priceless asset'.

Jerome Powell warned that politicizing the Federal Reserve will erode its credibility. He described the Fed's independence as a 'priceless asset' that must be protected.

Federal Reserve Board Governor and former chair Jerome Powell received the 2026 John F. Kennedy Profile in Courage Award at the John F. Kennedy Presidential Library and Museum in Boston, Massachusetts on May 31, 2026. Powell delivered a defense of Federal Reserve independence during the event.

Jerome Powell, in a speech accepting the John F. Kennedy Profile in Courage Award, warned against political pressure on institutions like the Federal Reserve, courts, and universities, emphasizing the importance of preserving their independence. He highlighted the Fed's 'priceless asset' of independence and criticized the risks of removing officials over policy disagreements, without naming Trump but referencing political tensions during his tenure.

Jerome Powell accepted the John F. Kennedy Profile in Courage Award in Boston and warned against political pressure on institutions like the Federal Reserve, courts, and schools. He emphasized the importance of independent institutions in his speech.

Jerome Powell warned against political pressure on the Federal Reserve, courts, and universities during a JFK award speech, emphasizing the importance of institutional independence. He highlighted the Fed's independence as a 'priceless asset' and criticized efforts by the Trump administration to remove Fed officials over policy disagreements.

Jerome Powell warned that the Federal Reserve is undergoing a 'stress test' and its credibility is at risk due to political pressures threatening its independence. He emphasized the importance of maintaining the Fed's autonomy from political influence to ensure economic stability.

Kevin Warsh was sworn in as the 17th Federal Reserve chair by Supreme Court Justice Clarence Thomas. President Donald Trump emphasized Warsh's need for independence, while Warsh pledged to focus on price stability and employment. The appointment followed Trump's public disputes with former Fed Chair Jerome Powell.

Kevin Warsh has been sworn in as the new Federal Reserve Chair, but outgoing Chair Jerome Powell remains on the Fed Board, potentially enabling him to act as a 'shadow chair' and push for rate hikes despite concerns about an oil-price shock. The article argues that rate hikes would worsen economic vulnerabilities in housing, manufacturing, and small-business credit, citing historical precedents where past Fed chairs like Alan Greenspan and Ben Bernanke cut rates during oil shocks.

Kevin Warsh was sworn in as Federal Reserve chair by Justice Clarence Thomas, with President Trump emphasizing his independence. Warsh pledged to be a reform-oriented leader focused on economic stability and growth.

Kevin Warsh was sworn in as the new Federal Reserve chair by Supreme Court Justice Clarence Thomas. President Donald Trump emphasized Warsh’s independence, while Warsh pledged to focus on price stability and employment. The appointment followed Trump’s public disputes with former Fed Chair Jerome Powell.

Kevin Warsh was sworn in as the 17th Federal Reserve chair by Supreme Court Justice Clarence Thomas, with President Donald Trump emphasizing his independence. Warsh pledged to focus on price stability and employment, while Trump's prior public criticism of former Fed Chair Jerome Powell and a Department of Justice investigation into Powell's tenure were highlighted as context for the transition.

Kevin Warsh was sworn in as the new Federal Reserve chair on Friday, succeeding Jerome Powell. President Trump emphasized during the ceremony that Warsh will maintain independence while addressing inflation and other economic challenges facing the United States.

Kevin Warsh was sworn in as Federal Reserve chairman at a White House ceremony overseen by President Trump, who has repeatedly pressured the Fed to lower interest rates. Trump emphasized the Fed's independence while simultaneously expressing expectations that Warsh would stimulate the economy, raising questions about the central bank's autonomy.

Kevin Warsh was sworn in as the 17th Federal Reserve chair amid high inflation and political pressure for rate cuts. President Trump urged Warsh to act independently while Fed officials signal a hawkish stance, with Christopher Waller indicating inflation remains problematic and rate cuts may not be appropriate soon.

Kevin Warsh has been sworn in as the new Federal Reserve chair, succeeding Jerome Powell. In his statement to lawmakers, Warsh pledged to maintain the Fed's independence on monetary policy and committed to never predetermined interest rates based on presidential requests.

President Trump swears in Kevin Warsh as the new Chair of the Federal Reserve on Friday at the White House. The Senate confirmed Warsh in a 54-45 vote to replace outgoing chair Jerome Powell. Warsh now takes on the leadership role of the nation's central bank.

President Donald Trump participated in the swearing-in ceremony for Kevin Warsh as the new Federal Reserve Chairman. Warsh replaces Jerome Powell, who had been a frequent target of Trump's criticism regarding interest rate decisions.

US stocks declined as President Trump criticized Federal Reserve Chair Jerome Powell and called for rate cuts amid growing concerns that trade tensions could push the economy toward recession. Bond yields have surged, creating broader implications for economic growth and financial markets.