Fed Governor Stephen Miran, a major supporter of more interest-rate cuts, resigned in light of Kevin Warsh’s arrival as Chair replacing Jerome Powell.

Kevin Warsh, the U.S. Federal Reserve’s (Fed) incoming chair, has begun selling shares in Coupang Inc., the parent company of Coupang, where he previously served as a director. This move aligns with Fed ethics regulations prohibiting high-ranking officials,

The Federal Reserve said that outgoing Chair Jerome Powell would remain as its acting leader until Kevin Warsh, who was confirmed to a four-year term by the Senate this week, could be sworn in.

The new Fed chair believes inflation is linked to money. That will serve him well.

Kevin Warsh has been confirmed as the next chair of the Federal Reserve. Let's take a look at the economy he is inheriting. In short, he is staring down one of the most unique economic pictures in modern history.

By Howard Schneider WASHINGTON, May 15 (Reuters) - Incoming Federal Reserve chief Kevin Warsh's plans to shrink the U.S. central bank's "footprint" in financial markets could be constrained by rising federal debt and the potentially lost luster of U.