US Treasury Secretary Bessent says he is confident Kevin Warsh will be Fed Chair on time
The comment from Treasury Secretary Bessent signifies strong political support for Kevin Warsh as Fed Chair, which could bolster market expectations for a smoother transition in leadership at the Fed.
US Treasury Secretary Bessent says Iran's neighbours more transparent now on Iran banking; US has requested that IRGC funds and those of leadership be frozen
White House Press Secretary says it is not true the US requested Iran ceasefire extension
US Treasury Secretary Bessent says he is confident Kevin Warsh will be Fed Chair on time
US Treasury Secretary Bessent says gasoline prices are up to how war talks go; can have USD 3 gasoline before September 20th; cheaper gasoline coming some time this summer
US Senator Warren asks for records on Kevin Warsh's role in the 2008 financial crisis
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- Senate banking republicans are aligned on Warsh.
This alignment among Senate banking republicans suggests that Warsh's confirmation may be relatively uncontroversial, impacting interest rate expectations and providing potential stability in fixed income markets. Watch for changes in USD valuations and the broader risk sentiment in response to this news.
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