Trump had settled on Warsh, according to people familiar with the matter, but added that the selection wasn’t final until a formal announcement was made. “The market perception is that Kevin Warsh would be the relatively more traditional and less dovish

A gauge of the dollar rose as much as 0.5%, making precious metals more expensive for most buyers. President Donald Trump is expected to name Warsh as his nomination for Fed chair, Bloomberg News reported.

President Donald Trump said Thursday he plans to announce his pick to lead the US central bank on Friday morning. The people, who requested anonymity to discuss matters not yet public, cautioned that the selection is not final until Trump makes a formal

President Donald Trump said he plans to announce his choice for chairman of the Federal Reserve on Friday morning, a long-awaited decision that could set up a showdown on whether the U.S. central bank preserves its independence from the White House and el

On the president’s short list for Fed chair: Fed governor Chris Waller, former Fed governor Kevin Warsh, BlackRock chief of fixed income Rick Rieder, and National Economic Council Director Kevin Hassett.

By Steve Holland and Bo Erickson WASHINGTON, Jan 29 (Reuters) - President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, as

Oil prices broke higher as geopolitical risk surged, with Brent topping $70 for the first time since mid-2025 on fears of U.S. strikes on Iran.

The license from the US Treasury Department covers a variety of activities that could accelerate Venezuelan crude flows, including exporting, selling, storing and refining the country’s oil. The move reflects the Trump administration’s desire to get Vene

Oil prices rallied Thursday, with the global benchmark finishing at its highest level since July, as tensions between the U.S. and Iran worsened — raising concerns over disruptions to the global flow of crude.

Michael G. Peterson says the country is racing toward $40 trillion in debt.

BlackRock executive Rick Rieder has emerged as a finalist on President Donald Trump’s shortlist for Fed chair in a decision that’s expected next week. Rieder is currently the favorite for the nomination on prediction-market platform Polymarket, with 38%

WASHINGTON, Jan 29 (Reuters) - The top Democrat on a U.S.

Prices on oil jumped on Thursday as the White House ratcheted up pressure on Iran over negotiations for a new nuclear deal.

While current mortgage rates are near three-year lows, they're still high enough to give buyers and sellers pause.

Trump's salvo followed the Fed's decision to keep borrowing costs level in its first meeting of 2026