The U.S. Federal Reserve (Fed) will hold a policy meeting this week, potentially the last for Jerome Powell as chairman.

Federal prosecutor Jeanine Pirro, overseeing the capital region, announced that the US Department of Justice has canceled its criminal investigation into Fed Chair Jerome Powell.

Kevin Warsh affirmed he made no promise to the president about cutting interest rates, stating he would only act in the economy's best interest.

Kevin Warsh affirms he will uphold the highest level of independence when the fed implements monetary policy.

The US President stated he would dismiss Jerome Powell if he did not leave the Federal Reserve Board of Governors after his term as Chair concludes.

According to recently released financial disclosures, Kevin Warsh possesses over 130 million USD, significantly exceeding the wealth of recent Fed chairs.

The US Federal Reserve (Fed) kept interest rates unchanged at its second policy meeting this year, as widely anticipated by the market.