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Kevin M. Warsh, whom Mr. Trump tapped to become the next chair of the Federal Reserve, could face fierce resistance if he tries to pursue substantially lower borrowing costs.
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Sen. Lindsey Graham, R-S.C., slammed House Speaker Mike Johnson, R-La., over Arctic Frost and vowed to fight the Trump-backed government funding package, despite White House pressure.
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Stock and bond markets were unfazed by Kevin Warsh's nomination as the next Fed chair, with the S&P 500 nudging slightly lower in early trading on Friday.
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President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer to the White House.
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The lefty ex-CNN anchor, decked out in all white, flashed a big smile beside Busta Rhymes as they posed for a picture together at the 2026 Recording Academy Honors ahead of Sunday's 68th GRAMMY Awards.
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VIEW Trump names Warsh as next Federal Reserve Chair Reuters
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One of the biggest reasons Democrats and independents may warm to Matt Mahan is how different he approaches the bloodsport of California politics from out current peacocking governor.
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