The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

The dollar fell and MUFG Bank said Fed Governor Christopher Waller would be the more dollar-supportive choice to become the central bank’s next chief compared with some other potential candidates.

US President Donald Trump announced his intention to nominate Stephen Miran, Chair of the White House Council of Economic ...

US President Trump has appointed economist Stephen Miran to the Federal Reserve Board for a short-term role lasting until January 2026. A staunch advocate of tariffs and rate cuts, Miran’s nomination ...