Kevin Warsh says he still bears the scars of the “darkest days” of the 2008 financial crisis. Then newly appointed Federal Reserve Governor, Wersh served as a vital intermediary between …
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Fed
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Unlock the free White House Watch newsletter Your guide to what Trump’s second term means for Washington, business and the world The author is an FT contributing editor and director …
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The growing conflict between the White House and the US central bank could have far-reaching consequences.
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AI Business
Justice Department investigation against Jay Powell prompts Fed leaders to fend off Donald Trump’s attacks
The criminal investigation of Jay Powell by US prosecutors has prompted top Federal Reserve leaders to resist attacks from President Donald Trump and could push the chair to remain governor …
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The dollar weakened and Wall Street futures fell after US prosecutors launched a criminal investigation into Chairman Jay Powell.
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Investors expect global stock markets to continue rising in 2026, despite fears of an AI bubble bursting and concerns about chaos at the US central bank. Wall Street strategists broadly …