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#kevinwarsh #federalreserve #interestrates Trump’s nominee to be the next Federal Reserve chairman was grilled by the Senate Banking Committee today. Warsh was grilled about his vast fortune about his relationship with President Trump and what he will do about interest rates. But his whole nomination is in limbo because one Republican is standing in the way. Here’s why.
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The Federal Reserve decided to hold interest rates steady for the seventh-consecutive month as concerns linger about fresh tariffs and inflation rates that continue to put pressure on U.S. households' finances.
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