US prices have risen at their fastest rate since May 2023, as the war in Iran continues to drive up energy prices and everyday costs for Americans. Prices rose 0.6% monthly, according to Consumer Price Index data released by the Bureau of Labor Statistics (BLS). The BLS also stated that near…
WASHINGTON — The U.S. Senate approved Kevin Warsh as chair of the Federal Reserve on Wednesday, putting the 56-year-old lawyer and financier at the helm as the U.S. central bank grapples with intensifying inflation that may make it hard to push through the interest-rate cuts President Donald Trump demanded.
Kevin Warsh, U.S. President Donald Trump's nominee to be next chair of the Federal Reserve, shakes hands with a person after testifying April 21 at a Senate Banking Committee confirmation hearing on Capitol Hill in Washington, D.C.
Kevin Warsh, U.S. President Donald Trump's nominee to be next chair of the Federal Reserve, leaves with his wife, Jane Lauder, after he testified April 21 at a Senate Banking Committee confirmation hearing on Capitol Hill in Washington, D.C.
Kevin Warsh, U.S. President Donald Trump's nominee to be next chair of the Federal Reserve, shakes hands with a person after testifying April 21 at a Senate Banking Committee confirmation hearing on Capitol Hill in Washington, D.C.
Kevin Warsh, U.S. President Donald Trump's nominee to be next chair of the Federal Reserve, leaves with his wife, Jane Lauder, after he testified April 21 at a Senate Banking Committee confirmation hearing on Capitol Hill in Washington, D.C.
