Federal Reserve governor Stephen Miran resigned Tuesday from his position as chair of the Council of Economic Advisers, a White House official said.
3 minute read
The hedge fund manager is in the unusual position of having mentored two of the most powerful financial leaders in Washington.
Long Read
Kevin Warsh has said he supports the president’s desire to cut interest rates.
Long Read
Kevin Warsh is among the top three contenders for the next chair. He spoke with Barron’s about rates, inflation, Powell, and more.
Long Read
The president apparently moved up his timing after saying the pick would come next week.
3 minute read
There is no particular deadline by which the president must nominate a new chair to replace Jerome Powell at the Federal Reserve.
4 minute read
Wall Street is talking about the possibility of U.S. intervening in Japan’s currency crisis. Here is why the stock market cares so much.
4 minute read
Trump’s Greenland reversal wasn’t a capitulation to markets. The president often takes big risks—and only pulls back when geopolitics demand it.
Long Read
Stocks are up. The 10-year Treasury yield is down. Oil is cheap. Still, there’s one asset that shows how stressed Americans really are.
Long Read
Top Trump advisors are signaling an off-ramp to the criminal probe against Jerome Powell, while the president is nearing a choice for the next chair.
4 minute read
The odds that Kevin Warsh could be nominated to the job spiked to 60% on the betting market Polymarket following the president’s remark.
3 minute read
Oil prices rose after the president posted on social media that protests against the regime in Tehran should continue. “HELP IS ON THE WAY,” he said.
4 minute read
The president’s criticism of the Fed chair could very well trigger a selloff if enough investors decide the Fed’ isn’t independent anymore.
Long Read
The White House didn’t immediately respond to a request for comment.
4 minute read
We’re learning in real time just how easy it is for upbeat global financial markets to co-exist with a world in unprecedented turmoil.
Long Read
The U.S. conducted a “large scale strike” on Saturday.
Long Read
Scott Bessent has offered up candidates who share his vision of lower rates and cooperation with the White House. It could all backfire.
Long Read
“Kevin Warsh would make a great chairman,” the JPMorgan CEO said at a recent closed-door event.
2 minute read
Barron’s spoke with former colleagues of the leading candidate to replace Powell.
Long Read
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