News
Trump Nominates Kevin Warsh to lead the US Federal Reserve
US President Donald Trump has announced Kevin Warsh as his choice to lead the US Federal Reserve when current chairman Jerome Powell’s four-year term comes to an end in May, a move that could usher in a new phase for American monetary policy amid heightened economic and political scrutiny.
Warsh, a former Federal Reserve governor, is no stranger to the institution or to speculation around its leadership. He previously served on the Fed’s board from 2006 to 2011 and was widely considered for the chairmanship during Trump’s first term in office. Known for his critical views of the central bank’s recent policy direction, Warsh is expected to favour a more accommodative stance, including support for lower interest rates in the near term.
The nomination comes at a sensitive moment for the Federal Reserve, as questions about its independence have intensified following Trump’s increasingly public criticism of Jerome Powell. The president has repeatedly expressed frustration that interest rates were not cut more aggressively, arguing that faster action would have better supported economic growth.
Those tensions deepened recently after federal prosecutors opened a criminal investigation into testimony Powell gave to the Senate concerning renovations to Federal Reserve buildings. The Department of Justice probe prompted a strong response from Powell, along with public messages of support from several former Fed chairs and prominent central bank leaders, underscoring the institutional significance of the moment.
Against this backdrop, Warsh’s re-emergence as a leading contender had been widely anticipated in recent weeks, as speculation mounted over who would eventually succeed Powell. Trump formally confirmed his choice on his Truth Social platform, praising Warsh in emphatic terms and saying he “will go down as one of the GREAT Fed Chairmen, maybe the best.”
If approved, Warsh would assume leadership of the world’s most influential central bank at a time of exceptional challenge and opportunity. Economists and financial markets are closely watching how the Fed navigates inflation concerns, growth prospects and political pressure, making the next chair’s approach particularly consequential.
Before taking office, however, Warsh must secure confirmation from the US Senate, a process that could involve extensive hearings and potentially lengthy delays. That scrutiny is likely to focus on his views about interest rates, financial regulation and the long-standing principle of central bank independence.
Even so, supporters argue that Warsh’s deep experience during periods of economic stress — including the global financial crisis — positions him well to guide the Fed through a complex environment.
News
Donald Trump to Address Nation on Iran War Amid Uncertainty Over Next Move
Donald Trump is set to deliver a high-stakes primetime address on the ongoing conflict with Iran, as global audiences await clarity on whether the war is nearing resolution or heading toward further escalation.
The speech comes at a pivotal moment, with the administration signalling that no major announcement may be forthcoming, even as speculation grows about a potential shift in strategy. Trump’s approach—often marked by unpredictability and limited disclosure beyond a close inner circle—has left both allies and adversaries uncertain about the next phase of the conflict.
Domestically, pressure is mounting. Public opinion in the United States has increasingly turned against prolonged military involvement. Recent polling indicates that a significant majority of Americans favour a swift conclusion to the war, even if key military objectives remain unmet.
Economic concerns are also intensifying, particularly with rising fuel prices. Petrol costs have surged past $4 per gallon, complicating a key political narrative for Trump, who previously highlighted lower energy prices as a measure of economic success.
According to Imran Bayoumi of the Atlantic Council, the combination of domestic opposition and economic strain presents a growing political challenge, especially with midterm elections on the horizon.
Trump’s messaging on the conflict’s trajectory has shifted repeatedly. He has moved from calls for Iran’s “unconditional surrender” to suggesting a possible negotiated outcome, and more recently indicated the war could conclude within “two to three weeks.” In a separate statement, he claimed Iran had sought a ceasefire, though he tied any consideration of that request to the reopening of the Strait of Hormuz.
The White House has indicated the address will highlight military achievements, including efforts to weaken Iran’s naval forces, missile systems, and nuclear capabilities.
As the speech approaches, attention remains focused on whether Trump will outline a clear endgame—or continue to keep the path forward deliberately ambiguous.
News
No Kings protests across the US rally against Donald Trump
Large-scale “No Kings” protests have erupted across the United States, with demonstrators rallying against policies introduced by President Donald Trump during his current term in office.
Organisers say the demonstrations—taking place in major cities including New York City, Washington, D.C., and Los Angeles—are aimed at opposing issues such as the war involving Iran, stricter federal immigration enforcement, and the rising cost of living.
Crowds have already gathered in Washington, where protesters marched in from nearby Arlington and assembled at landmarks including the Lincoln Memorial and the National Mall.
The rallies mark the third iteration of the “No Kings” movement, which organisers say has previously drawn millions nationwide. Demonstrators carried signs and effigies depicting Trump, Vice President JD Vance, and other administration figures, calling for their removal from office.
Organisers framed the protests as a response to what they describe as an expansion of presidential powers since Trump returned to the White House in January, including the use of executive orders and the deployment of National Guard troops to cities despite objections from some state leaders.
Trump allies have criticised the demonstrations, labelling them a “hate America rally” and alleging links between participants and far-left groups such as Antifa. Protest organisers, however, insist the events are peaceful in nature.
The protests also come amid heightened tensions following controversial incidents earlier this year, including the fatal shooting of two civilians by federal immigration agents in Minneapolis, which sparked widespread outrage.
Despite the criticism, Trump has defended his actions, arguing they are necessary to address national challenges. He has rejected claims that he is governing like a monarch, dismissing such accusations as exaggerated.
News
Israeli Strike in Lebanon Kills Journalists as Regional Tensions Escalate
An Israeli air strike in southern Lebanon has killed three journalists and a paramedic, according to local reports, intensifying concerns about the safety of media workers in conflict zones.
Among those killed was Ali Shoeib, a reporter for Al Manar TV, along with two journalists from Al Mayadin, identified as Fatima and Mohamed Fetoni. The strike reportedly hit a clearly marked press vehicle in the town of Jezzine, also wounding several other journalists.
Joseph Aoun condemned the attack, calling it a “blatant crime” and a violation of international law, which provides protections for journalists operating in war zones.
The Israel Defense Forces confirmed carrying out a strike that killed Shoeib but alleged he was a member of Hezbollah posing as a journalist—an accusation that has not been independently verified.
The incident follows another recent strike in which Lebanese presenter Mohammad Sherri and his wife were killed, adding to growing allegations that journalists are being targeted in the conflict. Israel has consistently denied deliberately targeting civilians or media personnel.
According to reports, more than 1,100 civilians—including children and paramedics—have been killed in Israeli air strikes across Lebanon since the escalation began.
The developments come amid broader regional tensions involving Iran and its allies, with fears mounting that the conflict could widen further across the Middle East.
-
General1 week agoEx-Taiwan presidential Candidate sentenced to 17 years for corruption
-
News1 week agoFerdinand Marcos Promises Oil Supply as Philippines Declares Energy Emergency
-
Sports1 week agoFans Group Files Complaint Against FIFA Over ‘Excessive’ World Cup Ticket Prices
-
Entertainment1 week agoBTS Comeback Concert on Netflix Draws 18.4 Million Global Viewers
-
News1 week agoDozens of Bodies, Mostly Infants, Found in Mass Grave in Kenya
-
Sports7 days agoWoods charged with driving under the influence after crash
-
News6 days agoIsraeli Strike in Lebanon Kills Journalists as Regional Tensions Escalate
-
Entertainment1 week agoWoman Accused of Shooting at Rihanna’s Home Pleads Not Guilty
