central-bank

2 briefs

power 2026-04-29

Kevin Warsh Clears the Senate. The Real Question Is What He Does First.

With confirmation odds at 98.9%, the debate about who chairs the Fed is over. The debate about whether the Fed can still function independently has just started.

power 2026-04-18

Trump's Last Move on the Fed

Powell's term ends May 15. Trump says he will fire him if he stays on. Markets are pricing a 78% chance Powell is gone by June 30. What they are not pricing is what comes after.