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Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the central bank, a person familiar with the matter told CNBC. The two researchers are Paul Winfree, the author of the chapter on the Federal Reserve in the conservative policy blueprint "Project 2025," and Daniel Heil, a fellow at Stanford's Hoover Institution think tank, where Warsh held a position before joining the Fed. The two are "working as temporary contractors to support...

CNBC 7d ago

Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests

Another big jobs report in May has pretty much swept aside the possibility of interest rate cuts anytime soon — and in the process underscored the tricky policy path ahead for new Federal Reserve Chair Kevin Warsh. The chance of rate reductions already had been on life support heading into Friday's nonfarm payrolls report. But the unexpectedly strong gain of 172,000, compounded by sharp upward revisions for prior months, makes the case for policy easing even weaker, particularly considering...

CNBC 5d ago

Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’

Trump says ‘I’d pay’ anti-weaponization fund applicants ‘the kind of money they deserve’ 06:40 Now Playing Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’ 12:44 UP NEXT ‘I’m not going to defend someone with that kind of history’: Rep. Dingell on Graham Platner 09:53 Exclusive: Trump says Iran hasn't made a deal because ‘they’re strong’ and ‘proud’ 03:08 ‘YOLO caucus’ in Senate is ‘lighting fires’ but stopping short of ‘burning the whole house down’ 15:37

NBC News 3d ago

Kevin Warsh sworn in as Fed chair as Trump faces backlash over economy

Kevin Warsh has been sworn in as the chair of the US Federal Reserve, taking charge of the world's largest economy. He assumes this role as the Trump administration faces increasing criticism regarding the cost of living. The Federal Reserve is currently under pressure from the US president to reduce interest rates despite rising prices.

The Guardian UK 19d ago

Treasury Market Is Telling Kevin Warsh Rates Need to Be Higher

US Federal Reserve chairman Kevin Warsh Photographer: Al Drago/Bloomberg

Bloomberg Markets 1d ago

Kevin Warsh: Trump ally at the Federal Reserve?

Never before has a chair of the US Federal Reserve been so controversial. Who is Kevin Warsh? Can he preserve the Fed's independence, or will he become Donald Trump's puppet?

Deutsche Welle 18d ago

Warsh’s Fed Debut a Key Risk for FX Markets, Morgan Stanley Says

Kevin Warsh Photographer: Yuri Gripas/Abaca

Bloomberg Markets 7d ago

KKR’s McVey Says Fed’s Warsh to ‘Do No Harm’ at June Meeting

KKR’s McVey Says Fed’s Warsh to ‘Do No Harm’ at June Meeting Henry McVey, balance sheet CIO and head of global asset and macro allocation at KKR, discusses his expectations for the upcoming Federal Reserve decision and offers insight into the firm’s midyear outlook.

Bloomberg Technology 9h ago

Warsh set to revamp Federal Reserve’s signalling to Wall Street

Former top officials say central bank chair is keen to roll back forward guidance on rates

Financial Times 7d ago