Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation.
The Afternoon WireMan fleeing immigration officers in Florida is struck and killed by tractor trailer, police saySpain shuts down France and Kylian Mbappé, advances to the World Cup final with a 2-0 victoryA look inside Christopher Nolan’s ‘The Odyssey’ by the numbersSubaru issues recall for 541,000 SUVs over label with incorrect weight ratingMystery bidder buys T.
rex nicknamed 'Gus' for a record $50 millionFatou, the world's oldest gorilla living in captivity, celebrates her 69th birthday at Berlin ZooWhat injured athletes can teach us about recovery and resilienceAt the Kaaba during Hajj, a photographer captures sense of unity and devotionNo relief from the heat as many US cities will see record overnight temperaturesAs cyclospora illnesses surge to a record, Michigan officials eye lettuce as a possible causeStudy shows a blood test can help identify healthy people at high risk for Alzheimer's diseaseAs gas plants rise to power AI, renewable energy allies are fighting for cleaner alternativesSupport for Israel isn't a high priority for younger Jewish Americans, an AP-NORC poll findsUS reimposes blockade and steps up strikes as Iran threatens to halt Mideast energy exportsTrump administration orders ICE to suspend most vehicle stops after 2 deadly shootingsICE should keep making traffic stops despite recent shootings, Trump saysSpain shuts down France and Kylian Mbappé, advances to the World Cup final with a 2-0 victoryA look inside Christopher Nolan’s ‘The Odyssey’ by the numbersSubaru issues recall for 541,000 SUVs over label with incorrect weight ratingMystery bidder buys T. rex nicknamed 'Gus' for a record $50 millionFatou, the world's oldest gorilla living in captivity, celebrates her 69th birthday at Berlin ZooWhat injured athletes can teach us about recovery and resilienceAt the Kaaba during Hajj, a photographer captures sense of unity and devotionNo relief from the heat as many US cities will see record overnight temperaturesAs cyclospora illnesses surge to a record, Michigan officials eye lettuce as a possible causeStudy shows a blood test can help identify healthy people at high risk for Alzheimer's diseaseAs gas plants rise to power AI, renewable energy allies are fighting for cleaner alternativesSupport for Israel isn't a high priority for younger Jewish Americans, an AP-NORC poll finds
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Fed Chair Kevin Warsh says central bank has 'no tolerance' for elevated inflationFed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps needed to preserve price stability.
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Fed Chairman Warsh questioned about independence from TrumpFederal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.
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Fed Chair Warsh Vows to 'Double Down' on Inflation Fight, Asserts Central Bank IndependenceIn congressional testimony, Federal Reserve Chairman Kevin Warsh pledged to bring inflation down to the 2% tarGet, calling the commitment unanimous. He addressed consumer pain from high prices, outlined plans to keep the Fed focused on its mandate, and discussed its independence amid political scrutiny.
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Elizabeth Warren attacks Fed chair Kevin Warsh in Senate hearing, floating corruption accusationsFed Chairman Kevin Warsh and Sen. Elizabeth Warren got into a heated altercation Wednesday during his testimony before Congress.
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