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The Latest Breaking News from Kevin Warsh

‘I’m not very tauntable’: It’s a Fed Chair nightmare for Trump where one Republican’s ‘no’ could spell disaster for Kevin Warsh

Sen. Thom Tillis is making it crystal clear he’s not backing down in his standoff with the administration over Federal Reserve Chair Jerome Powell. The outgoing North Carolina Republican is blocking the confirmation of President Donald Trump’s Fed chair nominee, Kevin Warsh, until the Justice Department drops its investigation into…

The Mary Sue

Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh

The Guardian - US

Everyone was wondering what Trump wanted more: Warsh smoothly seated at the Fed, or for Powell to pay. We have our answer

Republican sources told Fortune it was unlikely Warsh himself would be the cause of any vote against his candidacy, while Democrat sources say there is little he could do to convince critics that he isn’t a puppet of the White House.

Fortune

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Trump news at a glance: president renews threats against federal reserve chair, pushes his replacement

Trump reiterated his claim that Powell is doing a ‘bad job’ as justice department continues with criminal investigation into Powell over renovations at the Fed’s headquarters – key US politics stories from 15 April at a glance

The Guardian - US

Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket

Ahead of Warsh’s confirmation hearing next week, he disclosed his financial holdings.

Fortune

Trump Says He 'Will Have to Fire' Jerome Powell If He Stays at the Fed After His Term Expires

President Donald Trump said that he would fire Federal Reserve Chair Jerome Powell if he remained at the central bank after his term as chair expires next month.

International Business Times

Trump threatens to fire Fed chair Jerome Powell amid pressure campaign

US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May

The Guardian - US

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Jeanine Pirro’s prosecutors showed up unannounced at Fed HQ but were denied access: report

Lawyers from U.S. attorney’s office turned away from central bank, which is currently undergoing extensive renovation work at considerable expense, to the fury of President Donald Trump

The Independent UK

Trump’s push to cut interest rates has echoes of ‘banana republic’, says Yellen

Former US Fed chair says lowering rates to reduce debt service cost can lead to inflation getting out of control

The Guardian - UK

House Democrats file six articles of impeachment against defense secretary Pete Hegseth – as it happened

This live blog is now closed.

The Guardian - US

Stocks Rally on a Push for Diplomacy to End US-Iran War

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.81%. June E-mini S&P futures (ESM26 ) rose +1.18%, and June E-mini Nasdaq futures...

Barchart

Stocks Rally on US-Iran Peace Hopes and Cooler PPI Growth

The S&P 500 Index ($SPX ) (SPY ) today is up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.98%. June E-mini S&P futures (ESM26 ) are up +0.73%, and June E-mini Nasdaq futures...

Barchart

Stocks Climb on US-Iran Peace Talk Optimism and a Favorable PPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. June E-mini S&P futures (ESM26 ) are up +0.49%, and June E-mini Nasdaq futures...

Barchart

Trump's war and rhetoric are drowning out the IMF's growth agenda

Also: All the news and watercooler chat from Fortune.

Fortune

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The Independent UK

One Republican can be a major thorn in Trump’s side and put the kibosh on his nominees to fill top jobs

ANALYSIS: Sen. Thom Tillis and Trump have clashed repeatedly. But, Eric Garcia writes, the North Carolina Republican has the ability to block some of Trump’s most important nominees

Axios

Judge rejects Department of Justice bid to reinstate Powell subpoenas

The government can appeal the decision, prolonging a standoff that could delay the confirmation of the Fed chair nominee.

The Conversation

Trump Fed pick Kevin Warsh could shake up the central bank with his ‘family fight’ model

Since President Donald Trump named Kevin Warsh as his choice for Federal Reserve chair on Jan. 30, 2026, financial markets have focused on one question: Is he still the inflation hawk he once was, or is he now more comfortable with the lower interest rates that the president has long…

Kiplinger

Jumbo CD vs High-Yield Savings: Which is the Best Place to Store $100k?

If you're looking to stash some cash away in a less risky venture, I'll break down two of the best accounts to consider.

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Fortune

The next time the Fed moves, it'll be to hike according to one economist—whether or not Trump gets his new Fed chair

"We see the next policy move as a hike with the most likely timing in 1H27," wrote David Doyle.

Fortune

Trump started a battle with Jerome Powell, but the Fed chairman is winning the war: He won't leave until probe is 'well and truly over'

"If my successor is not confirmed by the end of my term as chair, I would serve as chair until he is confirmed. That is what the law calls for."

International Business Times UK

Fed Keeps Rates Steady as Powell Warns Iran Oil Shock Could Boost Inflation in 2026

The Fed's decision to hold rates steady amid rising Iran oil prices impacts the economy. Explore the 2026 inflation forecast, FOMC divisions, and the effects of prolonged high borrowing costs on households.

The Independent UK

Fed leaves rates unchanged as Powell vows to stay on through DOJ probe

One Fed official dissented in favor of a quarter-point cut

Axios

Fed keeps rates on hold, Powell says he will remain in place until successor confirmed

The Iran war's oil shock is creating uncertainty for Fed policymakers.

Euronews

Federal Reserve could signal pause in rate cuts as Iran war stokes inflation

The Federal Reserve is expected to hold interest rates steady and may signal it will not cut rates at all this year as the Iran war complicates the central bank's inflation outlook.

The Independent UK

Federal Reserve could signal no interest rate cuts this year in wake of Iran war

Fed Chair Jerome Powell is almost certain to announce Wednesday that the central bank has kept its key rate unchanged for the second straight meeting at about 3.6%

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