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Tomorrow's Testimony: Kevin Warsh To Walk Tightrope On Rates, Inflation And Fed Independence
Tomorrow's Testimony: Kevin Warsh To Walk Tightrope On Rates, Inflation And Fed Independence
President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, will appear before the Senate Banking Committee on Tuesday at 10AM ET in what is shaping up to be one of the most politically charged confirmation hearings in the central bank’s modern history.
Warsh, a former Fed governor who has spent years criticizing the institution as directionless and in need of “regime change," now has the chance to outline his vision for remaking the world’s most powerful...
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Twelve US F-22 Raptor fighter jets that departed the UK on Tuesday have arrived at an Israeli Air Force base in southern Israel, Ynet has reported, as the US continues its massive military buildup in the Middle East to prepare for a potential attack on Iran. The F-22s arrived in the UK last week, part […]
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New Ayatollah's First Message: Hormuz Strait Stays Closed, Warns 'More Fronts' Could Open
New Ayatollah's First Message: Hormuz Strait Stays Closed, Warns 'More Fronts' Could Open
Summary:
Bloomberg: Trump admin set to temporarily suspend Jones Act shipping rules to help cool rising oil prices.
Ayatollah Mojtaba in first public message says the closure of the Strait of Hormuz should be continued as a tool to pressure the enemy
Mojtaba vows to keep attacking US bases, and signals 'new fronts' could soon open
President Trump simultaneously says the US is stopping Iran "from having Nuclear weapons" and "destroying" the Middle East and "the World".
Shipping turmoil escalates as multiple vessels...
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