Kevin M. Warsh, in his first testimony to Congress as chairman of the Federal Reserve, did not shed light on whether he supported higher interest rates to tame price pressures.
U.S.-Iran War Latest: Oil prices surge as Trump aims to reinstate Strait of Hormuz blockade, U.S. to add fees CBS NewsOil prices off highs after Trump abandons 20% fee on Strait of Hormuz traffic CNBCTrump Backs Off 20% Fee for Strait of Hormuz Shipments Bloomberg.comTrump retreats from shipping toll, limits blockade in Strait of Hormuz The Washington Post
Fed Chair Kevin Warsh says central bank has 'no tolerance' for elevated inflation Fox BusinessWarsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people CNBCWarsh: Price Stability Is When Households ‘Don't Have to Think About' Price Changes WSJFed's Warsh stays mu