Gold and Silver fall as Trump’s choice for Fed Chair, Warsh, is seen as a way to maintain central bank independence.
Price Slides for Gold and Silver as Fed Chair Nomination Shifts Market Sentiment On July 13, 2022, Robin Kolbenbach, CEO of Algol Heraeus, showed one kilogram of silver and gold bars at the company’s factory in Mendrisio, Switzerland. Fast forward to today, and it appears that gold and silver prices have taken a tumble once […]
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 […]
Trump intends to appoint Kevin Warsh as the next chair of the Federal Reserve, according to sources.
Former Federal Reserve Board member Kevin Warsh is reportedly being nominated by President Trump to take over Jerome Powell’s position as Federal Reserve Chairman. Trump met with Warsh, who also teaches at Stanford University, on Thursday. Following their discussion, he called Warsh to offer him the role, and Warsh accepted, according to sources. Recently, Rick […]