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Fed nominee Warsh files financial disclosure in step towards confirmation

Fed nominee Warsh files financial disclosure in step towards confirmation

By Howard Schneider WASHINGTON, April 14 (Reuters) - Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to run the central bank, has submitted financial disclosures that are required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled
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Federal Reserve Nominee Kevin Warsh Advances Toward Senate Hearing

Federal Reserve Nominee Kevin Warsh Advances Toward Senate Hearing

Kevin Warsh, nominated by the Trump administration to be the next chair of the Federal Reserve, has submitted the necessary financial disclosures to the Senate, according to sources familiar with the matter. This submission is a critical step toward scheduling a Senate hearing, which had been delayed due to paperwork issues. Warsh, an economics fellow at the Hoover Institution and lecturer at Stanford, is married to Jane Lauder, an heir to the Estée Lauder fortune. The Senate Banking Committee is expected to receive Warsh's answers to their questionnaire soon, which will allow them to formally schedule the hearing, potentially as early as next week.
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Fed chief nominee Warsh clears one hurdle for Senate hearing, CNBC reports

Fed chief nominee Warsh clears one hurdle for Senate hearing, CNBC reports

April 13 (Reuters) - Federal Reserve chair nominee Kevin Warsh nL6N3YV0Q5 has submitted required paperwork to the U.S.
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Fed Chair Nominee Kevin Warsh Misinterprets Alan Greenspan's Monetary Strategy

Fed Chair Nominee Kevin Warsh Misinterprets Alan Greenspan's Monetary Strategy

Fed Chair Nominee Kevin Warsh Misinterprets Alan Greenspan's Monetary Strategy
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Fed Nominee Kevin Warsh Criticized for Misinterpreting Greenspan's Methods

Fed Nominee Kevin Warsh Criticized for Misinterpreting Greenspan's Methods

Kevin Warsh, nominated to be the next Federal Reserve chair, has been criticized for his interpretation of Alan Greenspan's monetary policy approach. Warsh argues that Greenspan relied on anecdotal evidence over data, a claim disputed by experts who emphasize Greenspan's deep data analysis. Greenspan's tenure is noted for recognizing productivity gains from technological advancements, which allowed for lower interest rates without triggering inflation. Warsh's reliance on anecdotes is seen as a misreading of Greenspan's methods, which were grounded in detailed economic data analysis.
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Bessent says Fed should 'wait and see' before lowering rates, Semafor reports

Bessent says Fed should 'wait and see' before lowering rates, Semafor reports

April 13 (Reuters) - The Federal Reserve should "wait and see" before deciding whether to lower interest rates amid the war in Iran, U.S. Treasury Secretary Scott Bessent told Semafor Editor-in-Chief Ben Smith on Monday.
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Federal Reserve Unlikely to Cut Interest Rates Amid Rising Inflation and Oil Prices

Federal Reserve Unlikely to Cut Interest Rates Amid Rising Inflation and Oil Prices

Federal Reserve Unlikely to Cut Interest Rates Amid Rising Inflation and Oil Prices
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Bond investors target steeper US yield curve on bets for slower growth, more debt issuance

Bond investors target steeper US yield curve on bets for slower growth, more debt issuance

By Gertrude Chavez-Dreyfuss NEW YORK, April 14 (Reuters) - Bond investors are doubling down on so-called "curve steepener" trades that are bullish on short-dated U.S.
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Fed nominee Warsh's holdings include SpaceX, Polymarket, crypto and AI

Fed nominee Warsh's holdings include SpaceX, Polymarket, crypto and AI

By Howard Schneider WASHINGTON, April 14 (Reuters) - Holdings in Elon Musk's SpaceX company and predictions platform Polymarket are among dozens of future-oriented assets that Federal Reserve chair nominee Kevin Warsh lists on a newly filed financial disclosure that shows dozens of apparently small
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Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations

Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations

By Stephen Culp NEW YORK, April 13 (Reuters) - Wall Street's main indexes rallied to close sharply higher on Monday as hopes for de-escalation in the Middle East helped investors look past the failed U.S.-Iran talks and focus on the start of first-quarter earnings season.
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Treasuries Decline as Inflation Concerns Impact Federal Reserve Rate Cut Expectations

Treasuries Decline as Inflation Concerns Impact Federal Reserve Rate Cut Expectations

Treasuries Decline as Inflation Concerns Impact Federal Reserve Rate Cut Expectations
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Anthropic's AI Model Claude Mythos Raises Concerns Among U.S. Banks and Officials

Anthropic's AI Model Claude Mythos Raises Concerns Among U.S. Banks and Officials

Anthropic's AI Model Claude Mythos Raises Concerns Among U.S. Banks and Officials