Current Fed Chair Jerome Powell has faced a barrage of criticism from Trump over his refusal to slash interest rates as much as the president wants.

Unlike in his first term, President Trump has been quietly buying corporate and municipal bonds since he returned to the White House in 2025. In March alone, Trump reportedly carried out 175 financial transactions,

Ideological divides are slowing the central bank’s decision-making and could pose a challenge for the president’s nominee to run the Federal Reserve, Kevin Warsh.

The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.

The Senate Banking Committee voted Wednesday to advance Kevin Warsh’s nomination to lead the Federal Reserve, just days after the Department of Justice (DOJ) said it was dropping its criminal probe

The Senate Banking Committee voted along party lines Wednesday to approve Kevin Warsh as the next chair of the Federal Reserve, positioning him to replace current chair Jerome Powell, a frequent target of criticism from President Donald Trump over interest rate policy.

President Trump's pick to lead the Federal Reserve went before a Senate committee today — but Kevin Warsh's confirmation could be held up by forces that are outside his control.

Powell says he will stay on as Federal Reserve Governor, even after chairmanship ends