Kevin Warsh will take the helm of the Federal Reserve amid substantial doubts about his independence, plans to reduce the balance sheet and ability to cut interest rates, according to the the latest CNBC Fed Survey. Just 50% of respondents believe Warsh w... See more
Federal Reserve Chair Jerome Powell is likely in his final weeks at the central bank helm and now faces a choice, following a Justice Department decision Friday, of whether he stays on at the institution. U.S. Attorney Jeanine Pirro announced in a social ... See more
President Donald Trump said Tuesday he was surprised by the resiliency of the stock market amid the Iran conflict and assumed the financial damage would be even worse. In a CNBC interview, the president said he anticipated the Dow Jones Industrial Average... See more
Federal Reserve chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints in setting policy. Follow CNBC's live coverage o... See more
Federal Reserve chair nominee Kevin Warsh said Monday the central bank must be largely independent of political influence but also should stay focused on its primary goals. In remarks to be delivered Tuesday to the Senate Banking Committee, Warsh also exp... See more
