Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Key Points

Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building.
“This is about the largesse and the fact that he has systemically mismanaged the Fed,” Vought told CNBC.
The accusations represent another front on Trump’s ongoing campaign against Powell.

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Finance

Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard

May 2, 2026

ETF Edge Why Kevin Warsh’s arrival at the Fed may catch fixed-income investors off guard Published Sat, May 2 202610:23 AM EDT Krysta Escobar Source

Finance

Cautious optimism: Berkshire investors weigh future under new CEO Greg Abel

May 1, 2026

Key Points Berkshire Hathaway shareholders on Friday expressed confidence in CEO Greg Abel, Warren Buffett’s pick to lead the conglomerate. “Saturday begins the official pivot in Berkshire Hathaway,” said Robert Hagstrom, chief investment officer at EquityCompass Investment Management. “And the whole world is going to get to see it.” Source

Finance

Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

May 1, 2026

The Berkshire Hathaway Annual Shareholders Meeting kicks off in Omaha, NE on May 1, 2026. Yun Li | CNBC OMAHA, Nebraska — At the cavernous exhibit hall inside CHI Health Center Omaha, the annual “Berkshire Bazaar of Bargains” is still stocked with fan-favorite deals, just with a bit more breathing room this year. The 20,000-square-foot […]