The Senate Banking Committee voted on party lines to approve Kevin Warsh as the next chair of the Federal Reserve, to replace Jerome Powell, a long-time target of President Trump's insults for not cutting borrowing costs as far as the president ...
President Donald Trump's administration proposes cutting the Environmental Protection Agency's budget by roughly half, sparking heated congressional hearings this week.
Wednesday will likely be a momentous day for the future of the Federal Reserve as Chair Jerome Powell could signal he will stay with the Fed even as a Senate panel is expected to confirm his replacement.