Bessent says Powell doesn’t need to resign but should conduct internal review

Key Points

Treasury Secretary Scott Bessent on Tuesday asserted that Fed Chair Jerome Powell does not need to resign though also he also repeated his desire for a review of the central bank’s operations.
“There’s nothing that tells me that he should step down right now. He’s been a good public servant,” Bessent said.

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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 […]