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Last updated: 2026-04-29 12:22:50 ET
Pulse AI Brief
Updated Apr 29, 2026 11:05 AM ET
The Senate Banking Committee advanced Kevin Warsh's nomination as Federal Reserve chair on Wednesday, clearing a key procedural hurdle toward a full Senate vote. Warsh, a former Fed governor and investment banker, is positioned to succeed Jerome Powell, whose term as chair is concluding.
Warsh's advancement reduces policy uncertainty around Fed leadership. Markets are pricing in his hawkish inflation-fighting credentials, which could support the dollar and pressure rate-sensitive sectors like growth equities and REITs if he signals a more restrictive stance than Powell.
Warsh's nomination represents continuity on inflation vigilance but signals potential shifts in Fed communication style and regulatory philosophy. His banking background may influence the Fed's approach to financial stability and deregulation discussions.
The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
The comfortable new office chair from standing-desk pioneer Vari strikes a delicate balance between support and simplicity. Petite people might find it too roomy, though.
The Fed is expected to hold rates steady, at what's likely to be Jerome Powell's last meeting as chair — with Kevin Warsh looking set to replace him.
U.S. stocks rose on Wednesday, following Tuesday’s lower close. Futures of the major benchmark indices were higher. Investors will be closely watchi...
NPR's Steve Inskeep asks Democratic Sen. Elizabeth Warren of Massachusetts about the future of the Federal Reserve as a Senate committee prepares to vote on the nomination of Kevin Warsh as Fed chair.
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James Lawhead was arrested after forensic DNA analysis lead in decades-old killing of Cindy WannerSign up for the Breaking News US email to get newsle...
In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
A leftist podcaster grilled Democratic National Committee Chairman Ken Martin on Tuesday over his refusal to release the highly anticipated post-elect...
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