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Jerome Powell

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Gavin Newsom

‘Trying to find a crime’: Trump rival Newsom says he is being investigated by Justice Department

The Democratic governor of California and possible presidential candidate said federal agents had knocked on the doors of his family members, friends and former employees “demanding records”.

  • Michael Koziol

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Trump has made things very difficult for his new Fed chair.

Trump has handed his man a poisoned chalice

Donald Trump has finally got what he wanted, with Kevin Warsh taking over as head of the Federal Reserve. But the president’s actions will make it difficult for his hand-picked choice to deliver on his promise.

  • Stephen Bartholomeusz
US President Donald Trump.

‘Let it boom’: Trump finally gets his Fed pick, with uncharacteristic fanfare

Kevin Warsh is a Harvard-educated lawyer and former investment banker who has served on the Federal Reserve’s board before. But with higher inflation, rising consumer anxiety and rate expectations, will he be a hawk or a hack?

  • Michael Koziol
Kevin Warsh was on the Fed’s board when its first bout of quantitative easing began in response to the 2008 financial crisis, but has been a QE critic since leaving the board in 2011.

Trump’s man is set to make the president very angry

Kevin Warsh is getting ready to sit on one of the hottest seats in America. He just found out he won’t be able to deliver what Donald Trump expects from him.

  • Stephen Bartholomeusz
Jerome Powell’s decision to hang around rather than depart quietly will inevitably incense Trump, who has said he will fire Powell if he didn’t retire when his term as chair ended.

Trump will be furious as an old foe digs in his heels

Fed chair Jerome Powell has long been one of Donald Trump’s favourite targets. But he might have the last laugh after a historic move that will incense the president.

  • Stephen Bartholomeusz
Kevin Warsh as he testified during his nomination hearing.

No ‘sock puppet’? What to expect from Trump’s pick for the Fed chair

Kevin Warsh, the US president’s nominee to be the next chair of the Federal Reserve, faced a grilling at his nomination hearing in Congress. Here’s what we learned.

  • Stephen Bartholomeusz
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President Donald Trump and Federal Reserve chairman Jerome Powell have had a contentious relationship.

Trump can’t stop shooting himself in the foot

The US president’s attempts to bring the Federal Reserve Board under his control continue to undermine his ability to do just that.

  • Stephen Bartholomeusz
Jerome Powell and Donald Trump have a tempestuous relationship.

‘Nobody knows’: Trump has left an old foe in the dark

Federal Reserve chair Jerome Powell has effectively acknowledged that the central bank hasn’t a clue what the impact of the Iran war might mean for the US economy.

  • Stephen Bartholomeusz
Kevin Warsh has big plans for the Fed.

Trump’s new man could spark a financial meltdown

Donald Trump’s choice to lead the Federal Reserve has a big plan for the central bank. It comes with a lot of risk.

  • Stephen Bartholomeusz
In announcing his decision to choose Warsh, the president described him as “central casting”.

Trump’s hand-picked man may not do his bidding

On paper, the president’s choice to lead the Federal Reserve is an odd one.

  • Stephen Bartholomeusz