Gold, Silver Rate Today LIVE: Gold prices slumped more than 12% to slump below $5,000 an ounce in its biggest daily decline since the early 1980s. Silver prices crashed more than 36%, a record intraday decline, as the selloff swept through the broader metals markets. The gold and silver prices’ crash was triggered by a…
President Donald Trump on Friday said that his nominee for the next Federal Reserve chairman, Kevin Warsh, is eager to lower interest rates, a key goal the US leader has long advocated. “He certainly wants to cut rates. I’ve been watching him for a long time,” Trump said at the White House. However, he added…
United States President Donald Trump, on Friday, 30 January 2026, nominated his longtime ally and former Federal Reserve governor, Kevin Warsh, to succeed Chairman Jerome Powell as the next Chairman of the US central bank amid the federal administration’s plea to cut the interest rates of the economy. “I am pleased to announce that I…
US President Donald Trump has announced Kevin M Warsh as the new Chair of the Federal Reserve, replacing incumbent Jerome H Powell. In a post on Truth Social, Trump declared his choice for the top central banking role. “I am pleased to announce that I am nominating Kevin Warsh to be the Chairman of the…
US President Donald Trump, on Friday, nominated longtime ally Kevin Warsh to replace Jerome Powell as US Fed chief, whose tenure at helm ends in May 2026. However, Warsh can only assume power as the new Chair after the Senate approves the POTUS’ nomination. Trump’s nomination of Kevin Warsh culminates a month-long search for Powell’s…
US President Donald Trump said he is nominating Kevin Warsh as the next Chairman of the Federal Reserve, replacing Jerome Powell, according to a statement he posted on Truth Social. “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed…
United States President Donald Trump, on 29 January, told reporters that he will announce his candidate to replace outgoing Federal Reserve Chair Jerome Powell on Friday morning (today, local time), as per a Reuters report. Speaking to reporters at the Kennedy Center, where he was with his wife, Melania Trump, to watch the First Lady’s…
