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8 stories related to this topic, newest first.
Fed Nominee Kevin Warsh Questions Dot Plot and Forward Guidance at Senate Banking Hearing
Kevin Warsh, nominated to replace Jerome Powell as U.S. Federal Reserve chair, outlined plans to reduce the central bank's forward guidance during an April 21, 2026, Senate hearing. He advocated for less communication on interest rate forecasts to avoid compounding errors. Market…
Judge Dismisses Patel Defamation Suit; Crypto Investor Sues Trump Venture
A federal judge in Texas dismissed FBI Director Kash Patel's defamation lawsuit against former FBI official Frank Figliuzzi over a comment about nightclubs. Separately, blockchain entrepreneur Justin Sun filed a lawsuit against World Liberty Financial, a crypto project cofounded…
Washington ExaminerAppeals Court Upholds Texas Law Requiring Ten Commandments in Public Schools
A federal appeals court ruled that Texas can require public schools to display the Ten Commandments in classrooms, overturning a lower court's block. The 9-8 decision found the law does not violate the First Amendment. Opponents plan to appeal to the Supreme Court.
SemaforKevin Warsh Testifies at Fed Chair Confirmation Hearing
Kevin M. Warsh, President Trump's pick for Federal Reserve chair, testified before a Senate panel, denying any deal on interest rates and emphasizing independence. He described AI as a major economic disruptor and opposed a central bank digital currency. Separately, Rep. Tim Burc…
Rep. Sheila Cherfilus-McCormick Resigns from US House Ahead of Ethics Committee Sanctions
Florida Democratic Rep. Sheila Cherfilus-McCormick resigned from Congress on April 21, 2026, just before the House Ethics Committee could recommend sanctions for multiple ethics violations. The resignation follows a federal indictment in November 2025 accusing her of stealing $5…
CnbcUS Stocks Close Lower as Nasdaq Ends 13-Day Streak Amid Rising US-Iran Tensions
US stock indexes fell on Monday, with the Nasdaq Composite snapping its 13-day winning streak due to escalating tensions between the US and Iran. Oil prices surged over 6% following the US seizure of an Iranian ship and warnings from Iran about shipping disruptions. Investors are…
crowdfundinsider.comWhite House Meets Anthropic CEO on AI Model Amid Security Concerns
White House officials held a productive meeting with Anthropic's CEO to discuss the company's new Mythos AI model, which excels in cybersecurity tasks. The talks follow tensions over government use of Anthropic's technology and a lawsuit against federal agencies. The model raises…
Washington ExaminerU.S. Attorney's Office Reassigns Prosecutor in Brennan Investigation
The lead federal prosecutor in Miami overseeing a criminal probe into whether former CIA Director John Brennan lied to Congress has been removed from the case. Maria Medetis Long informed involved parties she was off the matter after concluding insufficient evidence existed. The…