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Last updated: 2026-04-29 12:22:37 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 Federal Communications Commission is clashing again with the media giant. It’s another warning about the costs of angering President Trump.
On Friday, the presidential personnel office sent termination notices to members of the National Science Board. This will undermine our public health ...
Utility bills are up as much as 40% in some regions, and companies shut off power to customers 13m times in 2025The US’s top utilities’ CEOs enjoy...
A federal judge has ordered the Justice Department to explain whether it intends to contest President Trump’s $10 billion lawsuit against the I.R.S....
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.
Kevin Warsh’s confirmation is all but assured after a Republican holdout dropped his block of the nomination.
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.
Teams should now be exempt from US federal taxes Many will still have to pay US state and city taxFifa is poised to secure a last-minute tax exemption...
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