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(Photo credit: Instagram and agencies) Kevin Wersh is President Donald Trump’s choice for the next chairman of the US Federal Reserve. He is expected to replace current Fed chief Jerome Powell in May this year. Powell has been on the receiving end of Trump’s wrath for several months, drawing repeated verbal attacks for not cutting…
Who is Kevin Warsh? The person ready to lead the Federal Reserve amid economic uncertainty As the US approaches a potentially defining moment in global economic policy, former Federal Reserve Governor Kevin Wersh has emerged as the leading candidate to replace Jerome Powell as the next Federal Reserve Chairman, with President Donald Trump expected to…
Representative Image (AI) Asian stock markets rose on Tuesday, led by a strong rise in Japanese shares as investors bet on technology and AI-led growth. At the same time, uncertainty over the independence of the US Federal Reserve pushed up gold prices and put pressure on the dollar.Japan’s Nikkei index jumped 3.4% to a record…
Federal Reserve Chairman Jerome Powell said the US central bank has been threatened with criminal indictment by being sent a grand jury subpoena from the Justice Department, a dramatic escalation in the Trump administration’s attacks on the Fed. The criminal charges against the US Federal Reserve mark an escalation of President Donald Trump’s long-running dispute…
According to US Commerce Secretary Howard Lutnick, the India-US trade deal did not happen because Prime Minister Narendra Modi did not call US President Donald Trump. US Commerce Secretary Howard Lutnick (left) and Senator Lindsey Graham (center) and President Donald Trump speak to reporters aboard Air Force One on January 4, 2026. (Reuters) Speaking with…
