Kevin Warsh was officially sworn in as the Chair of the Federal Reserve on May 22, signaling a pivotal shift toward a “reform-oriented” strategy for the U.S. central bank. Standing alongside President Donald Trump in Washington, D.C., Warsh pledged to overhaul institutional frameworks while maintaining the Fed’s dual mandate of ensuring price stability and maximizing…
The Trump administration has officially committed $1 billion in federal funding to International Business Machines Corp. (IBM) to establish a specialized foundry dedicated to the production of quantum computing chips. This initiative, unveiled this week in the United States, represents a strategic pivot to secure domestic control over a critical technology sector that promises to…
President Trump has officially nominated Kevin M. Warsh to succeed Jerome H. Powell as Chair of the Federal Reserve, signaling a potential shift in monetary policy and institutional governance in Washington. This transition, set to occur as Powell’s term expires, places a vocal critic of current central bank operations at the helm of the world’s…