Keep pulling the thread on Kevin Warsh.
In his testimony before the Senate Banking Committee, Federal Reserve nominee Kevin Warsh stated that President Trump never asked him to predetermine or commit to any interest rate decision.
Senator Tom Tillis will not advance Kevin Warsh's nomination out of the Senate Banking Committee until the Department of Justice's legal matter against Fed Chair Jerome Powell is resolved.
The Strait of Hormuz is currently blockaded by both the United States and Iran.
A planned diplomatic trip to Islamabad by U.S. Vice President J.D. Vance, Jared Kushner, and Steve Witkoff has been put on hold because Iran failed to respond to terms for peace negotiations.
President Trump has stated that it is highly unlikely he will extend the ceasefire with Iran, which is set to expire tomorrow evening, Washington time.
President Trump is scheduled to meet with Chairman Xi of China in mid-May.
It is widely expected that Federal Reserve nominee Kevin Warsh will be confirmed by the Senate.
President Trump has publicly pressured the Federal Reserve to lower interest rates.
As Fed Chair, Kevin Warsh may seek to eliminate the Federal Reserve's Summary of Economic Projections and the associated "dot plot" because he dislikes the forward guidance they provide.
Federal Reserve nominee Kevin Warsh has suggested using a different inflation measure for the Fed's target, such as a trimmed-mean calculation.
Kevin Warsh has indicated a desire to use more private sector data in the Federal Reserve's analysis, referencing the Billion Prices Project at Harvard.
The Federal Reserve's building construction project is currently estimated to cost $2.5 billion, a $600 million cost overrun from the original estimate of $1.9 billion.