DOJ drops criminal probe of Fed Chair Jerome Powell
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The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.
Kevin Warsh, President Trump's nominee to lead the Federal Reserve, told lawmakers this week that inflation should be viewed through a different framework and the Fed's own analysis of price changes needs to be reformed.
Asked by Semafor Thursday if someone outside the Justice Department could get the answers he sought, the president said they could.
Sens. Elizabeth Warren and Dick Durbin, in a letter obtained first by CNBC, question Jeanine Pirro's mention of reopening a probe of Fed Chair Jerome Powell.
Three weeks from today will mark Jerome Powell's final day as Fed chair and, potentially, open the door for President Donald Trump's nominee, Kevin Warsh, to succeed him. It may also mark a shift in fortune for the Dow Jones Industrial Average (DJINDICES: ^DJI),
Market expectations for Federal Reserve rate decisions are unlikely to change dramatically even if Kevin Warsh is confirmed as the central bank’s next chair, according to a new analysis from SoFi released Thursday.
Fed chair nominee Kevin Warsh's confirmation hearing before the Senate Banking Committee will bring questions about interest rates and his personal wealth.
Kevin Warsh wants to retire the inflation gauge the Federal Reserve has relied on for two decades. Speaking at his Senate confirmation hearing on Tuesday, President Donald Trump‘s pick to replace Jerome Powell dismissed core personal consumption expenditures — the Fed’s preferred measure of underlying price pressure — as a “rough swag as to what was going on” with prices.