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News
Republicans buy crypto more than Democrats, data shows — what's driving the divide
2+ mon, 3+ week ago (803+ words) Cryptocurrency adoption appears to have a political bent — and a significant gender divide. Republicans have adopted crypto with more gusto than Democrats in recent years, data shows, coinciding with President Donald Trump's ascent to the White House for a second…...
Kevin Warsh will not be the Fed 'chair.' His immediate predecessors were
3+ mon, 1+ day ago (280+ words) It's officially "Chairman" Kevin Warsh, not "chair." The Federal Reserve website now lists Warsh as "chairman," not "chair," reversing the past 12 years when his predecessors Janet Yellen and Jerome Powell both chose to be called "chair." Before Yellen, the term…...
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
3+ mon, 3+ week ago (231+ words) President Donald Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a ceremony Friday, a White House official told CNBC. The move will end a process that started in the summer of 2025 and culminated…...
Trump touted Palantir on Truth Social after buying the company's stock, records show
3+ mon, 4+ week ago (519+ words) President Donald Trump scooped up shares of artificial intelligence software maker Palantir weeks before he famously lauded the stock, with its ticker symbol, on his social media platform Truth Social, according to records released this week by the U.S. Office of…...
Bettors on Kalshi now see Warsh likely confirmed by mid-May after DOJ drops Powell probe
4+ mon, 2+ week ago (288+ words) Odds that Kevin Warsh will be confirmed as chairman of the Federal Reserve in less than a month from now surged on prediction markets platform Kalshi after the Department of Justice said Friday it was dropping its inquiry into current…...
Here's what to expect from Fed chair nominee Kevin Warsh's Senate hearing Tuesday
4+ mon, 3+ week ago (873+ words) Federal Reserve chair nominee Kevin Warsh travels to Capitol Hill on Tuesday to convince lawmakers he can carry out a presidential push for lower interest rates while remaining free of political constraints in setting policy. In a much-anticipated hearing before…...
Fed Chair nominee Warsh says monetary policy must remain independent, but Fed must 'stay in its lane"
4+ mon, 3+ week ago (316+ words) Federal Reserve chair nominee Kevin Warsh said Monday the central bank must be largely independent of political influence but also should stay focused on its primary goals. In remarks to be delivered Tuesday to the Senate Banking Committee, Warsh also…...
Pete Hegseth's broker attempted to make defense investments before Iran war: Financial Times
5+ mon, 1+ week ago (314+ words) A broker for U.S. Defense Secretary Pete Hegseth sought to make a large investment in major defense companies in the lead-up to the Iran war, according to the Financial Times. The Pentagon has dismissed the report. The Financial Times reported Tuesday…...
Anthropic's Dario Amodei to meet with White House about Mythos
4+ mon, 3+ week ago (483+ words) Anthropic CEO Dario Amodei is meeting with Susie Wiles, the White House chief of staff, on Friday to discuss the company's powerful new Mythos model that was announced earlier this month, CNBC confirmed, a thaw in the standoff between the…...
Kevin Warsh wants to lead a scandal-ridden Fed. His wealth is a complication
4+ mon, 3+ week ago (555+ words) Kevin Warsh's newly released financial disclosures shed light on the Federal Reserve chair nominee's vast wealth, but also raise questions about parts of his holdings that aren't fully revealed in the paperwork. That could be a challenge for Warsh as…...