Renovation expenses for Federal Reserve headquarters reach $2.5 billion: OIG report exonerates Powell
A critical report from a watchdog group took aim at the Federal Reserve on Wednesday, criticizing its management of the costly renovation of its headquarters, derisively dubbed the ‘Palace of Versailles.’ However, the inquiry found no evidence of criminal misconduct by former Fed Chair Jerome Powell. The costly renovation, which ballooned to a staggering $2.5 […]
Drowning in the Scioto River in Powell, Ohio results in the deaths of 5 during a rescue effort
Efforts to save swimmers in distress at a river in Ohio ended tragically, with reports of five fatalities over the weekend, according to authorities. On Sunday evening, a group had gathered at the Scioto River in Powell, a suburb of Columbus. One person decided to take a swim, and that’s when things began to go […]
Jaxson Dart’s girlfriend, a swimsuit model, shows her patriotic side, while golfer Hailey Ostrom explores Lake Powell and Bigfoot.
There’s no smoke from Canadian wildfires in North Carolina—at least, none that I’ve noticed. I’m just getting through the usual summer heat. The humidity, usually in the mid to high 90s, hits me hard every time I step outside. No complaints, though. I’ve grown accustomed to it over the years. Really, it’s just a good […]
Denise Powell advised voters to read ‘fairy smut’ as a way to deal with Trump.
A Nebraska candidate, seen as pivotal for Democrats aiming to regain control of the House, has a peculiar way of coping with the challenges posed by President Trump. Dennis Powell, who secured the Democratic primary for Nebraska’s 2nd Congressional District on May 13, advised supporters of a women’s PAC to take a step back and […]
Peter Navarro: Powell and his Federal Reserve colleagues might restrict Warsh and impact growth negatively
Kevin Warsh Appointed as Federal Reserve Chairman Kevin Warsh has taken over the role of Federal Reserve Chairman, while the outgoing chairman, Jerome Powell, remains on the board of directors. This isn’t typical; usually, departing chairmen exit the board to avoid influencing their successor. This presents a clear risk: Powell might act as a sort […]
Powell for Now? Fed Names Powell Acting Chair Despite Warsh’s Confirmation
Jerome Powell Remains Federal Reserve Interim Chairman Jerome Powell continues his role at the Federal Reserve as the board has voted to appoint him as interim chairman until Kevin Warsh officially takes over. This was conveyed in a brief press release stating that such a temporary measure is typical during chair transitions. Interestingly, the release […]
Jerome Powell is gone — and there are valid reasons. Here are four of his major mistakes.
Kevin Warsh, known for his contentious relationship with Wall Street during the 2008 financial crisis, has been approved for a 14-year term as the head of the Federal Reserve. He was confirmed on Wednesday to succeed Jerome Powell as chairman of the U.S. central bank. Powell’s tenure, which began with his appointment to the Federal […]
Denise Powell secures a heated Democratic House primary in the Nebraska district of retiring Rep. Don Bacon.
Dennis Powell Wins Democratic Primary for Nebraska House Seat Political activist Dennis Powell emerged victorious in the Nebraska Democratic primary on Wednesday, defeating retiring Rep. Don Bacon (R-Nebraska) in a closely watched contest for the U.S. House seat. The race, primarily between Powell and state Sen. John Kavanaugh, was declared a tight one about a […]
Kevin Warsh appointed as the new Fed chair, taking over from Jerome Powell, as inflation rises.
Kevin Warsh Confirmed as New Federal Reserve Chairman Amid Inflation Concerns Kevin Warsh was officially confirmed as the next chairman of the Federal Reserve on Wednesday, stepping into a role as inflation is intensifying, which presents significant challenges for the central bank. The Senate approved President Trump’s nomination with a vote of 54-45, making Warsh’s […]
Warsh gets the nod to take over from Powell as leader of the Federal Reserve — with backing from a Democrat
Kevin Warsh Approved as New Federal Reserve Chair On Wednesday, the U.S. Senate gave the green light to President Donald Trump’s choice to succeed Jerome Powell as chairman of the Federal Reserve Board. The vote, controlled by Republicans, confirmed lawyer and financier Kevin Warsh, who is now the wealthiest individual to hold this position, with […]