Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.The onus is on Kevin M. Warsh, President Trump’s pick to lead the Federal Reserve, to prove that he can run an institution under pressure.
Treasury Secretary Scott Bessent led the vetting process for the next Federal Reserve chair.
Kevin A. Hassett had been seen as the front-runner in the Fed race, but his deep ties to the president raised questions about his independence.President Trump has high expectations for Kevin A. Hassett.
Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.The U.S. stock market has plateaued in dollar terms since the start of the year and started to slide when measured in other currencies.
An internal memo changed the standard from whether people are unlikely to show up for hearings to whether they could leave the scene.Federal agents attempted to raid a home in Minneapolis earlier this week.
The term, used to describe war, poses dangers when applied to American political unrest.Protesters demonstrating against ICE agents in Minneapolis on Friday. Republicans and Trump administration officials have described slain protesters as insurgents or “domestic terrorists.”
In Fridley, a Minneapolis suburb, school officials are driving nervous teachers and buying families groceries. At dismissal, the superintendent patrols for federal agents.A child walks home from school in Fridley, Minn.
Gregory Bovino, the Border Patrol field leader, made disparaging remarks in reference to the U.S. attorney in Minnesota, an Orthodox Jew, people with knowledge of the phone call said.Gregory Bovino at a news conference in Minneapolis earlier this month.
Since President Trump made threats about Greenland, the continent’s leaders have debated the rapid deterioration of U.S. ties in policy papers and at dinner.European leaders on Monday at a summit in Hamburg, Germany. Although they are verbally pushing harder than ever against President Trump, they a
As Washington unsettles its partners, Beijing is reaping diplomatic gains, without backing down on human rights, trade or security.Prime Minister Keir Starmer of Britain in Shanghai on Friday. Mr. Starmer became the first British leader to visit China since 2018.
The announcement that the second family is expecting a fourth child has turned Ms. Vance into a symbol of success for proponents of conservative family values.Usha Vance, the eldest of two daughters of Indian immigrants, initially thought that she was more or less done growing her family after she h
Todd Blanche, the deputy attorney general, addressed reporters after the Justice Department released more Epstein files.
Deputy Attorney General Todd Blanche signaled that this would be the last major release of files related to Jeffrey Epstein.The Justice Department released millions of new pages related to the convicted sex offender Jeffrey Epstein.
The Emmy-winning actress was especially adept at playing women who had been cast off but maintained an inflated sense of self, always with a great comedic payoff.Catherine O’Hara in “Home Alone,” the movie in which many first saw her comic gifts.
Four actors discuss the evolution of their young clinician characters on “The Pitt.” In Season 2 they are a little older, a little wiser and still soaked in fake blood.
Letters from students living in fear.
Melania’s movie, not exactly boffo box office.
Let’s talk about the new and old shows we’ll be watching this winter.
A team hopes to place instruments in the waters beneath the colossal Thwaites Glacier, with the help of a drill that uses hot water to punch through ice.
A local health official said at least 26 people had been killed in the attacks, which the Israeli military said had targeted Hamas commanders. The opening of the border was seen as progress in the cease-fire.Palestinians mourning their loved ones after Israeli airstrikes in Gaza City on Saturday.
The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.In the distance is an oil refinery and thermal power station in Omsk, Russia, in 2023. The steep drop in oil revenue has sent Russia into a new era of sustained budget deficits, higher t
Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.Electricity rates have soared recently in most states.
Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included.
