Bessent says core inflation is going down, Fed will need to cut rates - Reuters

Bessent says core inflation is going down, Fed will need to cut rates  Reuters

Trump’s Fed Pick Warsh Discloses Vast Wealth Ahead of Confirmation Hearing

Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.

By Colby Smith, Tony Romm and Steven Rich

Fed Nominee Kevin Warsh Details More Than $100 Million in Financial Holdings - WSJ

Fed Nominee Kevin Warsh Details More Than $100 Million in Financial Holdings  WSJ

Kevin Warsh is very rich, or possibly very, very rich

In the Fed with the bread

Trump’s pick for Fed chair could be the richest in modern times

Kevin Warsh’s financial disclosures reveal a fortune well in excess of $100 million, making him probably the wealthiest Fed chair nominee in decades.

By Andrew Ackerman

Trump pick to lead Federal Reserve has assets worth over $100m, disclosures indicate

Kevin Warsh, seeking to replace Fed chair, Jerome Powell, had to file financial disclosures for Senate approval Kevin Warsh, the former Federal Reserve governor chosen by Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100m. The document is required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled hearing. Continue reading...

By Reuters

Fed nominee Warsh’s financial disclosures point to assets well over $100m

Warsh's financial disclosures will almost certainly be a focus of his upcoming confirmation hearing next week.

Treasury Secretary Bessent now says it's OK for the Fed to wait to lower rates amid oil surge

Bessent has previously said the Fed should hasten cutting interest rates, calling reductions "the only ingredient missing" for stronger economic growth.

Kevin Warsh’s hearing is set for next week. What to watch as Trump’s pick for Fed chair faces Senate spotlight.

Senate Banking Committee Chair Tim Scott said Tuesday that his panel will hold a hearing next week to consider President Donald Trump’s nominee for Federal Reserve chief, Kevin Warsh, and predicted that the Senate will confirm Warsh “in the next several weeks.”

By Victor Reklaitis

Inside the personal finances of Kevin Warsh, Trump's pick to be the next Fed chair

New disclosures show that Kevin Warsh is worth well over $100 million and is invested in Polymarket. Tierney L. Cross/Bloomberg via Getty Images Kevin Warsh, Trump's pick to be the next Fed chair, filed his financial disclosure. It shows that he's worth well over $100 million and made millions in income. He would be one of the wealthiest Fed chairs in US history. The next Fed chair may be one of the wealthiest men to ever hold the job. Kevin Warsh, a financier and bank executive nominated b...

Kevin Warsh Could Become Richest Fed Chair Ever—Discloses Assets Worth Over $100 Million - Forbes

Kevin Warsh Could Become Richest Fed Chair Ever—Discloses Assets Worth Over $100 Million  Forbes

Fed Chair Nominee Kevin Warsh Discloses Vast Wealth, Investments in Polymarket and SpaceX

US Treasury’s Bessent says core inflation is going down, Fed will need to cut rates - The Straits Times

US Treasury’s Bessent says core inflation is going down, Fed will need to cut rates  The Straits Times

Trump admin wants new Fed chair in place 'as soon as possible'

“We want Kevin Warsh in as soon as possible,” said Scott Bessent, as US President Donald Trump’s choice faced pushback in the Senate.

Fed Chair nominee Warsh discloses assets of over $190M

Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million

Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million Trump's nominee for next Fed Chair, Kevin Warsh, disclosed assets with his wife, heiress Jane Lauder, that total at least $192 million, though - according to Bloomberg - "the actual figure for their holdings is certainly much higher", underscoring the extent of his close ties to Wall Street through personal investments and advisory positions. Warsh, who was chosen in January by President Donald Trump to succeed...

By Tyler Durden

Treasuries Steady as Traders Assess War’s Inflation Risks

Treasuries traded steadily after a reading of US wholesale prices last month rose less than anticipated, affirming wagers that the Federal Reserve will cut interest rates at least once this year even as the broader inflationary outlook remains murky amid the war in Iran.

By Carter Johnson, James Hirai