Kevin Warsh sworn in as Fed chair: 'I will lead reform-oriented Federal Reserve'
Kevin Warsh delivers an address after being sworn in as chairman of the Federal Reserve.
Market News
Fed's next move is going to be to tighten, says Lindsey Group CEO
CNBC's Kelly Evans discusses what monetary policy may look like under new Federal Reserve chair Kevin Warsh with Lawrence Lindsey of the Lindsey Group.
Former Kansas City Fed president on expectations for Kevin Warsh as new Fed chair
Thomas Hoenig, former Kansas City Fed president and former vice chairman of the FDIC, joins 'Squawk on the Street' to discuss his expectations for incoming Fed Chair Kevin Warsh and more.
First USMCA negotiations to focus on content rules, economic security, Greer says
U.S. Trade Representative Jamieson Greer said on Friday that the first round of formal negotiations to update the U.S.-Mexico-Canada trade agreement next week in Mexico City will focus on strengthening regional rules of origin and economic security provisions.
Good News Is Good News. The Market Has Passed the Earnings Test.
Solid earnings and a resilient economy could keep the rally going—even if the Fed starts thinking about interest rate hikes.
President Trump told his new Fed chair, Kevin Warsh, to ignore the political pressure during his swearing-in ceremony—and then the president laid out what he'd like to see
President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he'd like to see.
USTR Greer sees no immediate chip tariffs but says protection important for sector
U.S. Trade Representative Jamieson Greer said on Friday that there were no imminent U.S. tariffs expected to be imposed on semiconductors but that it was important to protect the sector with duties to facilitate reshoring of chip production.
A Look At The Balance Sheet New Fed Chair Warsh Will Inherit
Kevin Warsh has been sworn in as the 17th Chair of the Federal Reserve, with a mandate to lower interest rates and shrink the Fed's balance sheet. Warsh prioritizes reducing the Fed's $6.7 trillion balance sheet, especially long-term Treasuries and MBS, but must proceed gradually to avoid market disruptions.
ECONOMIC MESSAGE: Kevin Warsh promises 'energy and purpose' as Fed chair
Kevin Warsh delivers remarks after being sworn is as Federal Reserve Chairman. 00:00 Swearing-In Ceremony Introduction 00:26 Kevin Warsh Takes the Oath of Office 02:33 Remarks on Justice Clarence Thomas and Brett Kavanaugh 03:42 Acknowledgments of the Senate Banking Committee 04:15 Honoring the Legacy of Alan Greenspan 05:38 The Mandate: Price Stability and Maximum Employment 06:38 Vision for a Reform-Oriented Federal Reserve 07:15 Commitment to the National Interest
Stocks continue surging to record highs. Here's how to hedge
The rally back to records has made buying protection more affordable.
Apollo $2.04 Billion Takeover Proposal Propels Bodycote Share Gain
Heat treatment firm Bodycote said it received a 1.52 billion pound ($2.04 billion) takeover proposal from Apollo Global Management, and that the two were in talks, sending shares sharply higher.
Kevin Warsh sworn in as Federal Reserve chair; ‘I want him to be totally independent,' Trump says
President Donald Trump said at a White House ceremony Kevin Warsh would be “totally independent"
Stocks Finish Strong After Slow Start to the Week
Wall Street's week was marked by elevated Treasury yields, rising oil prices, and geopolitical concerns, with stocks struggling to maintain momentum at the start.
Are Equity Markets Underpricing The Oil Risk?
Are equity markets underestimating risks? Why we may be facing another major oil spike.
U.S. Energy Storage Expands to Support Growing Power Needs
The U.S. energy storage industry installed a record amount of capacity in the first quarter as utilities seek greater grid stability and lower costs amid rising demand for electricity.
Warsh Says He'll Lead a 'Reform-Oriented' Fed
Kevin Warsh says he'll lead a "reform-oriented" Federal Reserve and goals will be pursued with "independence and resolve." In the months leading up to his nomination, Warsh said the Fed was not lowering rates enough.
Bond Yields Are Heading Toward the Danger Zone. It's a Global Problem.
Government spending and inflation are sending long-term yields higher across the developed world. Will the 30-year Treasury yield 6% in a year?
Kevin Warsh Sworn In as 17th Federal Reserve Chair
Kevin Warsh was sworn into office as the 17th chair of the Fed, promising the biggest shakeup in decades at the US central bank, and takes over at a tense moment for the economy and the central bank. Supreme Court Justice Clarence Thomas administered the oath at the White House.
Traders Bet Warsh's Fed Will Hike Rates by December
Bond traders are fully pricing in an interest-rate hike by the Federal Reserve this year, a sign of conviction in the market that incoming Chair Kevin Warsh will need to move quickly to combat inflation. Traders boosted their bets for higher rates on Friday after Fed Governor Christopher Waller said he supports making clear the central bank's next interest-rate move is just as likely to be an increase as a cut.
Shein to buy apparel retailer Everlane
U.S. apparel brand Everlane said on Friday it had reached an agreement to be acquired by online retailer Shein, giving the fast-fashion company ownership of a brand known for sustainability and supply-chain transparency.
