The Latest Breaking News from Ben Bernanke

Trump has nominated former Fed governor Kevin Warsh to lead the central bank, a move that could signal a shift towards closer White House influence over monetary policy.

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here’s what might be in store for the central bank.

“If you’d asked me a year ago, I would have said I think Kevin would be a good pick. I wouldn’t say that today. Kevin has been incredibly dishonest.”

Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties are urging the Supreme Court to preserve the Federal Reserve’s political independence and allow Lisa Cook to remain as a central bank governor for now

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

The vote to confirm Stephen Miran was largely along party lines, 48-47.

Imagine being Jerome Powell this week. On Friday, August 22, the Federal Reserve chairman will step onto the stage at the Jackson Hole Economic Policy Symposium — the most closely watched monetary retreat in the world — with markets, politicians, and even building contractors staring him down.

Previous presidential visits to the Fed symbolized respect for its independence. Trump’s stop comes after repeated attacks on interest rate policy and a public clash over renovation costs, raising fresh concerns about political pressure on the central bank.

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.