Fed holds rates steady amid dissents, Powell to stay
Digest more
Powell says he'll stay on Fed board
Digest more
Jerome Powell, the outgoing Fed chair, said months of legal pressure had left him "no choice" but to remain as a governor, a move that denies the White House a crucial seat on the board.
3hon MSN
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.
Claudia Sahm worked with Warsh when they were at the Fed but doesn’t know him personally. She told Fortune that his disrespect for Democrats was striking.
Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, is now firmly on track to assume one of the most powerful positions in the global economy — and could advance an agenda that aligns with Trump’s desire for lower rates.
FedEx and UPS plan to pass tariff refunds back to customers after a Supreme Court ruling struck down duties imposed under IEEPA.
The Federal Reserve is keeping interest rates paused. Here's what that may mean for mortgage interest rates.