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Kevin Warsh sworn in as 17th Fed Chair after unanimous FOMC vote
Kevin Warsh officially took office as the Federal Reserve's 17th Chair following a unanimous Federal Open Market Committee vote. His appointment signals potential shifts in monetary policy amid inflation worries and debates on fiscal independence.
· just now
Fed's Kashkari Criticizes Crypto and Stablecoins, Praises AI Advancements
Fed's Neel Kashkari has sharply criticized cryptocurrencies and stablecoins, labeling them as 'utterly useless' and 'buzzword salad,' respectively. He instead praises artificial intelligence as a more promising technological frontier for the economy.
· 105d ago