Jerome Powell
Fed Governor Miran submits resignation, throws support behind Warsh as new chair
Key Points Fed Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his spot on the central bank board when or just before new Chair Kevin Warsh takes his seat. Miran has advocated for lower rates, voting against the three quarter-percentage-point reductions the FOMC approved in 2025. This year, he […]
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Warsh’s confirmation, Trump-Xi meeting, Cisco earnings and more in Morning Squawk
1. You’re hired Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images The Senate confirmed Kevin Warsh as the next chair of the Federal […]
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Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, taking over the central bank at a time when […]
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Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
Kevin Warsh, nominee for chairman of the Federal Reserve, is sworn in to his Senate Banking, Housing and Urban Affairs Committee confirmation hearing in Dirksen building on Tuesday, April 21, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images It has taken eight and a half years, but on Wednesday President Donald Trump finally […]
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Senate confirms Kevin Warsh as Fed governor, clears way for chair vote
Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors. The upper chamber voted to approve Warsh’s nomination by a 51-45 vote, on a mostly party-line basis. Only Sen. John Fetterman, D-Pa., crossed lines to vote for President […]
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Global week ahead: Crude diplomacy casts shadow over Trump-Xi summit
Waitforlight | Moment | Getty Images China has quietly amassed the world’s largest stockpile of crude oil. This is no mean feat for a country that is also the globe’s biggest importer of energy. It brings a fresh dynamic to Beijing’s relations with the United States, as Premier Xi Jinping prepares to host President Donald […]
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The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they’re getting harder and harder to find. Friday’s jobs report for April provided the latest evidence that the central bank’s larger concern isn’t a flagging labor market but rather a cost of living that is getting increasingly harder for […]
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CNBC Daily Open: Leadership challenge swirls around Starmer
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. It’s a tough time to go to the polls. That’s what U.K. […]
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OpenAI rolls out new model for cybersecurity teams a month after Anthropic’s Mythos debut
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images OpenAI on Thursday announced that GPT-5.5-Cyber, a variation of its latest artificial intelligence model, is rolling out in a limited preview capacity to vetted cybersecurity teams, a month after rival Anthropic captivated investors and […]
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CNBC Daily Open: Iran reviews ‘one-page peace plan’
This photo taken on April 20, 2026 shows a national flag of Iran hanging on a building damaged by the U.S.-Israeli attacks in Tehran, Iran. Shadati | Xinhua News Agency | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A one-page document has […]
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