President Donald Trump on Friday chose former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May, giving a frequent Fed critic a chance to put his idea of monetary policy "regime change" ​into practice at a moment when the White House has pushed for more control over the setting of interest rates.

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Reuters Business

Reuters Business

 

Trump picks former Fed official Warsh to run US central bank 

 

Wall Street futures cut losses as Trump nominates Warsh for Fed Chair 

 

Meta faces New Mexico trial over child-exploitation claims 

 

AmEx projects upbeat 2026 profit on steady spending by affluent customers 

 

Demand on largest US electric grid forecast close to winter record 

 

Morning Bid: How strong is too strong? 

 

China conditionally approves DeepSeek to buy Nvidia's H200 chips  - sources 

 

SpaceX in merger talks with other Musk companies ahead of IPO 

 

Markets brace for change at Fed as Trump set to name new chief 

 

Regeneron beats quarterly profit estimates on Dupixent strength 

 

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