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How Trump’s upcoming choice for the Federal Reserve leadership could impact your finances

How Trump's upcoming choice for the Federal Reserve leadership could impact your finances

Government’s Role in Economic Affordability No other entity affects Americans’ financial situations quite like the government. Most individuals don’t track every economic indicator, but they do keep an eye on their finances each month. The effect of governmental policies can be subtle. The Federal Reserve doesn’t set prices for everyday goods like groceries or cars, […]

Lummis Claims Federal Reserve Influenced Banks to Shut Customer Accounts Due to Political Opinions

Lummis Claims Federal Reserve Influenced Banks to Shut Customer Accounts Due to Political Opinions

Sen. Lummis Alleges Fed Pressures Banks Over Political Views Senator Cynthia Lummis has stated that her office has uncovered documentation indicating that the Federal Reserve has instructed bank examiners to coerce banks into closing accounts based on customers’ political beliefs, which contradicts public claims from Fed leadership denying such practices. “We have clear guidance from […]

Trump chooses Kevin Warsh to lead the Federal Reserve.

Trump chooses Kevin Warsh to lead the Federal Reserve.

Trump Nominates Kevin Warsh for Federal Reserve Chairman President Donald Trump has put forward Kevin Warsh as his nominee for the next Chairman of the Board of Governors of the Federal Reserve System. Warsh, who is well-known in the finance sector, was previously on the Federal Reserve Board from 2006 to 2011. Trump announced his […]

Trump names Kevin Warsh as his choice for the next Federal Reserve chair

Trump names Kevin Warsh as his choice for the next Federal Reserve chair

Trump Nominates Kevin Warsh as Fed Chair On Friday morning, President Trump announced his nomination of Kevin Warsh to succeed Jerome Powell as chairman of the Federal Reserve, expressing confidence that Warsh would become one of the great leaders of the Fed. The announcement came shortly after a report indicated that the president had made […]

Trump Chooses Warsh to Head the Federal Reserve

Trump Chooses Warsh to Head the Federal Reserve

Trump Announces Nomination of Kevin Warsh for Federal Reserve Chairman On Friday, President Donald Trump revealed his aim to nominate Kevin Warsh as the next chair of the Federal Reserve. This marks Warsh’s return to a prominent role after he left the position in 2017. “I’ve known Kevin for a long time, and I believe […]

Sen Thom Tillis plans to oppose Trump’s nominee for the Federal Reserve, Kevin Warsh, due to the Justice Department’s investigation of Powell.

Sen Thom Tillis plans to oppose Trump's nominee for the Federal Reserve, Kevin Warsh, due to the Justice Department's investigation of Powell.

Thom Tillis Opposes Trump’s Fed Chairman Nomination Amid Ongoing Investigation Senator Thom Tillis (R-N.C.) announced that he will block President Trump’s choice for the next Federal Reserve chairman until the administration wraps up its investigation into the current chairman, Jerome Powell. Tillis, who seems to be navigating a careful relationship with the Trump administration, expressed […]