‘Relieved,’ ‘Enthusiastic,’ ‘Nervous’: Three Economists React to Trump’s Fed Pick

‘Relieved,’ ‘Enthusiastic,’ ‘Nervous’: Three Economists React to Trump’s Fed Pick ‘Relieved,’ ‘Enthusiastic,’ ‘Nervous’: Three Economists React to Trump’s Fed Pick

Questions remain about the Fed’s independence, the future path of interest rates and whether Kevin..
Trump Picks Kevin Warsh as Fed Chair Trump Picks Kevin Warsh as Fed Chair

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace..
Trump Is Expected to Announce Kevin Warsh as Fed Chair Trump Is Expected to Announce Kevin Warsh as Fed Chair

President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal..
Trump Expected to Announce Kevin Warsh as Fed Chair Trump Expected to Announce Kevin Warsh as Fed Chair

President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal..
The Message Behind Trump’s Lawsuit Against JPMorgan The Message Behind Trump’s Lawsuit Against JPMorgan

The president’s legal efforts against the Wall Street giant and Jamie Dimon, its chief executive,..
One Year In, Trump’s Attack on American Justice is Accelerating One Year In, Trump’s Attack on American Justice is Accelerating

One year into the president’s second term, America risks losing a central feature of our democracy: ..
How Wall Street Turned Its Back on Climate Change How Wall Street Turned Its Back on Climate Change

Six years after the financial industry pledged to use trillions to fight climate change and reshape ..
Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair

The blowback set off by the Justice Department’s criminal investigation into Jerome H. Powell, the..
Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes Affordability Big Plan for Fannie and Freddie I.P.O. in Flux as Trump Pushes Affordability

Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is ..
2026 May Be the Year of the Mega I.P.O. 2026 May Be the Year of the Mega I.P.O.

If SpaceX, OpenAI and Anthropic go public, they will unleash gushers of cash for Silicon Valley and ..
Banks Ready Battle Plans to Save Their Credit Card Businesses Banks Ready Battle Plans to Save Their Credit Card Businesses

“Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off ..
Fed Chair Responds to Inquiry on Building Renovations Fed Chair Responds to Inquiry on Building Renovations

Federal prosecutors opened an investigation into whether Jerome H. Powell, the Federal Reserve..
The Economy Made It Through 2025. The New Year Will Be Harder. The Economy Made It Through 2025. The New Year Will Be Harder.

The new year will pose numerous problems that won’t be so easily overcome.
Bank of Japan Raises Interest Rates to Highest Level in 30 Years Bank of Japan Raises Interest Rates to Highest Level in 30 Years

The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an..
Esto es lo que hay que saber sobre los orígenes de la fortuna de Epstein Esto es lo que hay que saber sobre los orígenes de la fortuna de Epstein

Una investigación del Times revela cómo el depredador sexual buscaba la compañía y protección de..
Executives at Subprime Auto Lender Are Charged With Fraud Executives at Subprime Auto Lender Are Charged With Fraud

Federal prosecutors filed criminal fraud charges against two top executives at Tricolor Auto, and..
Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry. Jobs Data Is Finally Back. But the Economic Picture Is Still Blurry.

November’s job report may be distorted as a result of the government shutdown, limiting how much it ..
Cooling Labor Market and Elevated Inflation Stoke Fed Divisions Cooling Labor Market and Elevated Inflation Stoke Fed Divisions

Fed officials explained their opposition to the central bank’s decision this week to cut interest..
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages,..
Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates

The chair of the central bank is dealing with internal divisions while being besieged by President..
Fed Pick Puts Pressure on Bessent to Deliver for Trump Fed Pick Puts Pressure on Bessent to Deliver for Trump

Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair,..
Market Volatility Underscores Epic Buildup of Global Risk Market Volatility Underscores Epic Buildup of Global Risk

Some experts see a dangerous combination of factors reminiscent of practices that led to previous..
December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show

The central bank’s decision to lower interest rates last month was more divisive than it first..
Poor Countries Got $1 Trillion From China. So Did Rich Ones. Poor Countries Got $1 Trillion From China. So Did Rich Ones.

Beijing has used loans to developing nations to expand its influence, but a new study says no..
With Ukraine’s Cash Running Low, Europe Lacks a Good Plan B With Ukraine’s Cash Running Low, Europe Lacks a Good Plan B

The European Union wants to finance Ukraine’s war efforts using a loan based on Russia’s frozen..
Book Review: ‘The History of Money,’ by David McWilliams Book Review: ‘The History of Money,’ by David McWilliams

Learned, lively and often irreverent, David McWilliams’s “The History of Money” is rich with..
Fed Governor Defends Call for Big Rate Cuts Fed Governor Defends Call for Big Rate Cuts

In a wide-ranging interview, Stephen I. Miran discussed why he thinks concerns about inflation are..
Outer Banks Homes Collapse Into Ocean in North Carolina Outer Banks Homes Collapse Into Ocean in North Carolina

Stormy weather, strong winds and erosion caused more homes to collapse into the sea along the Cape..
What to Watch at the Federal Reserve’s October Meeting What to Watch at the Federal Reserve’s October Meeting

The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even ..
Letitia James to Appear in Court as Battle Over Trump-Urged Prosecution Begins Letitia James to Appear in Court as Battle Over Trump-Urged Prosecution Begins

The New York attorney general, indicted by President Trump’s handpicked prosecutor in the Eastern..
Delta and United Are Leaving Other Airlines Behind Delta and United Are Leaving Other Airlines Behind

Delta Air Lines and United Airlines have accounted for most of the industry’s profits since 2022...
First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned

The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit..
Fed’s Independence in Jeopardy Despite Latest Lisa Cook Victory Fed’s Independence in Jeopardy Despite Latest Lisa Cook Victory

A Supreme Court order keeping Lisa Cook on the Federal Reserve Board for now is “a time to exhale..
Shutdown Puts a Divided Fed in a Perilous Position Shutdown Puts a Divided Fed in a Perilous Position

Some policymakers at the central bank are in a rush to lower interest rates after the Federal..
Wyden Presses JPMorgan Chief Dimon for Answers on Jeffrey Epstein Wyden Presses JPMorgan Chief Dimon for Answers on Jeffrey Epstein

Senator Ron Wyden, Democrat of Oregon, sent a list of questions to Jamie Dimon, head of the..
This Is About So Much More Than Lisa Cook This Is About So Much More Than Lisa Cook

Trump dreams of infinite presidential power.
Two Accused of Draining Accounts of Couple Who Disappeared From Mansion Two Accused of Draining Accounts of Couple Who Disappeared From Mansion

JuanJuan Zwang and Peishuan Fan came from China three years ago to live in a $3.9 million home on..
Is the Economy as Healthy as Trump Claims? Is the Economy as Healthy as Trump Claims?

As the Fed meets, we examine the nation’s economic health.
What to Watch at the Federal Reserve’s September Meeting What to Watch at the Federal Reserve’s September Meeting

The U.S. central bank is widely expected to cut interest rates for the first time this year,..
Federal Reserve to Meet Under Cloud of Trump’s Attacks Federal Reserve to Meet Under Cloud of Trump’s Attacks

Stephen Miran and Lisa Cook will both cast votes at the central bank’s meeting on Wednesday, where..
previous post