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Gold and silver prices plummeted early Friday morning following news that President Trump planned to nominate Kevin Warsh as the next chair of the Federal Reserve. Investors started selling off precious metals with gold falling by as much as 10%, dropping from $5,500 an ounce to around $5,136 per ounce. Meanwhile, silver nosedived by up […]
A digger sits at the construction site of the Federal Reserve headquarters, after U.S. President Donald Trump renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell over Powell’s management of renovations of the building, in Washington, D.C., U.S., January 12, 2026. Kevin Lamarque | Reuters ]]> The current moment feels like the […]
JPMorgan Chase CEO Jamie Dimon on Saturday confirmed he was not asked to be Federal Reserve chair, hours after President Trump disputed a report saying he offered Dimon the role. Earlier this week, the Wall Street Journal reported Trump offered to nominate Dimon for Fed chair, although the news outlet added the JPMorgan boss took the offer as a joke. Trump in […]
Former Federal Reserve Governor Kevin Warsh soared ahead of National Economic Council Director Kevin Hassett on prediction markets betting on the next Fed chair after President Trump on Friday hinted that Hassett might be out of the running. Trump did not reveal his final choice to replace Fed Chairman Jerome Powell, but said he would […]
Wall Street was rocked early Monday after federal prosecutors opened a criminal investigation into Federal Reserve Chair Jerome Powell — rattling investors and igniting fears of political interference at the central bank. Dow futures tumbled more than 350 points in premarket trading, with the blue-chip contract down 357 points, or 0.72%, while S&P 500 futures […]
This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. New Reading Rainbow Host Selected as National Library Week Honorary Chair Librarian and new Reading Rainbow host Mychal […]
SEC Chairman Paul Atkins ripped Joe Biden on Tuesday, accusing the former president’s administration of weaponizing financial rules to push his woke agenda as Wall Street’s new top cop vowed to “make IPOs great again”. The new head of the US Securities and Exchange Commission made a thinly veiled dig at disclosure red tape such […]
Citigroup CEO Jane Fraser was elected as chair of the board of directors, the bank said in a filing on Wednesday. Fraser replaces John Dugan, who has been chair since 2019 and will now become lead independent director. The board also granted a one-time equity award of $25 million that will vest fully within five years, to ensure “leadership […]
Daniel Ives, Wedbush Securities Scott Mlyn | CNBC Wedbush Securities’ Dan Ives is joining a new company focused on accumulating Worldcoin (WLD), the native token of the blockchain used in Open AI creator Sam Altman’s biometric identity verification startup, World. Eightco Holdings, a tiny company that currently trades on the Nasdaq under the ticker “OCTO,” […]
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC. Bill Pulte, the chair of US government-backed mortgage lenders Fannie Mae and Freddie Mac, […]
