Fed holds interest rates steady
The Federal Reserve held interest rates steady Weds, April 29, 2026.
Federal Reserve Bank
Powell plans to remain on Fed board, cites legal actions by Trump administration
Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk.
Kevin Warsh is one step closer to top job at the Fed after Trump’s pick approved by Senate committee
he Senate Banking Committee voted on party lines Wednesday to approve Kevin Warsh as the next chair of the Federal Reserve to replace Jerome Powell, a longtime target of President Donald Trump’s insults for not cutting borrowing costs as far as the president wanted.
Justice Department drops criminal probe of Fed chair Powell
The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor.
Fed nominee pledges inflation fight even as Trump renews demands for rate cuts that could worsen it
Donald Trump’s nominee to lead the Federal Reserve pledged to fight inflation at a hearing Tuesday even as the president renewed his demands for interest rate cuts that could worsen it.
Trump’s Fed pick faces Senate hearing
Kevin Warsh’s confirmation hearing before the Senate Banking Committee is Tuesday, April 21, 2026.
Trump names former Federal Reserve official Warsh as the next Fed chair to replace Powell
President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer to the White House.
Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.
Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
Federal Reserve Chair Jerome Powellsaid Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.
Federal Reserve likely to cut rates, may signal just one more reduction next year
The Federal Reserve will almost certainly reduce its key interest rate Wednesday, but the bigger question for financial markets and the economy is what signals Chair Jerome Powell may send regarding the central bank’s next steps.
