Trump, Kevin Warsh and Fed
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Live updates: Trump names Kevin Warsh as Fed chair nominee; Senate discusses government funding deal
Get live updates and the latest news as Trump names his Fed chair nominee and strikes a deal with Senate Democrats ahead of a government shutdown deadline.
Trump's nomination of Kevin Warsh as Federal Reserve chair sparked a divide among lawmakers on Friday, as Republicans praised his experience and Democrats questioned his independence.
President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a pick likely to result in sharp changes to the powerful agency that could bring it closer to the White House and reduce its longtime independence from day-to-day politics.
Warsh is seen as a comparatively moderate figure and notably more cautious about deploying heavy monetary stimulus despite his preference for lower rates.
Trump congratulated McCormick on Truth Social Monday.
Some in the White House have claimed Trump has near-superhuman abilities
The latest release from the Epstein files contains an alleged email exchange between Ghislaine Maxwell and Melania Trump.
A key Republican lawmaker likes Kevin Warsh, President Donald Trump's pick to head the Federal Reserve—but is threatening to block his appointment anyway.
The President called on Democrats to cooperate with immigration enforcement officials in light of recent fatal shootings by federal agents.