During the swearing-in of Kevin Warsh as the new Chairman FedPresident Donald Trump told him to be independent and make his own decisions. Trump said Warsh should not listen to him or anyone else and instead do what is best for the economy. Kevin Warsh takes over as Fed chairman as inflation remains high and … Read more
Kevin Warsh has been sworn in as chairman of the Federal Reserve for a four-year term, putting him in a key position to determine interest rates and guide the U.S. economy at a critical time. Kevin Warsh was confirmed by the Senate as Fed chairman on Wednesday (Reuters) However, his appointment earlier this month has … Read more
U.S. Treasury Secretary Scott Bessant and Fed Chairman Jerome Powell Emergency meeting with Wall Street executives washingtonwarns of significant cybersecurity risks associated with powerful new artificial intelligence models. The meeting focused on emerging technology risks. (Reuters/Bloomberg) A Bloomberg report described the talks as a response to concerns that Anthropic’s latest artificial intelligence model could “usher … Read more