Trump picks Kevin Warsh for Fed Chair
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Wall Street's foundational financial institution is rife with red flags, and the stock market could pay the price.
The top Democrat on the Senate Banking Committee, Elizabeth Warren of Massachusetts, said in a social-media post that Warsh, who served as a Fed governor during the global financial crisis, "cared mor
Wild swings that swept through financial markets overnight are calming a bit as Wall Street opens for trading. U.S. stocks are falling modestly early Monday following
Wall Street's relationship with the Trump administration is souring
Though the Fed is often viewed as a stabilizing force for Wall Street, it may represent the stock market's undoing in the new year.
The Federal Reserve on Wednesday gave little indication it's in a rush to ease monetary policy. Economists on the Street, however, remain hopeful.
Investors are watching the Federal Reserve’s first meeting of 2026, major tech earnings, and record winter storm impacts as power prices surge and flight cancellations mount nationwide.
By Sinéad Carew and Pranav Kashyap Jan 26 (Reuters) - The S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week.
Some Fed watchers say the choice of Warsh means it’s more likely that Powell will continue to stand in Trump’s way.