#JeRomePowell

Bond traders are hoping that the central bank's easing bias is replaced with a skewed view toward tightening.

The Senate voted 54 to 45 in favor of Warsh, with Republicans holding a slim majority and ensuring U.S. President Donald Trump's nominee to replace Jerome Powell was confirmed.

From CNBC: Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?

His swearing-in to the four-year Fed chair term and a concurrent 14-year term as a Fed governor approved by the Senate on Tuesday awaits final White House signatures on paperwork sent by the Senate.

He becomes Fed chair at a moment of resurgent inflation, public discontent with the economy and attacks on the central bank's independence.

The upper chamber voted to approve Warsh's nomination by a 51-45 vote, on a mostly party-line basis.

From CNBC: Surging gas prices are hitting lower income households harder, New York Fed study shows

From Nypost RSS Feed: Sen. Tim Scott ‘praying’ Jerome Powell leaves Fed this month — and hints chairman has an agenda by staying on

Federal Reserve Chair Jerome Powell has said he plans to remain a member of the Federal Reserve board after his term as chair expires this month.

Fed chair nominee Kevin Warsh is putting his own spin on the independence of monetary policy. Many former Fed officials aren't sold.

The U.S. attorney is expected to imminently appeal a ruling blocking her investigation of the Fed's cost overruns.

When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.

Fed chief Jerome Powell said he will remain as a governor on the central bank's board after his term as chair ends on May 15.

Powell said, “After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to ‌be determined.”

Fed chair nominee Kevin Warsh responded to Senate Banking about swap lines by saying the Fed isn't fully independent in matters of international finance.

The outgoing leader may be staying on in a lesser capacity, but he won't be a spoiler in Kevin Warsh's Fed.

From Nypost RSS Feed: Fed keeps interest rates steady in 11–1 vote in Jerome Powell’s last meeting as chairman

The Federal Reserve on Wednesday released its latest decision on interest rates.

From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's April interest rate decision may affect your wallet.