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Federal Reserve chair Warsh touts ‘sea change’ in thinking at first hearing

Federal Reserve Chair Kevin Warsh on Tuesday touted his efforts to overhaul the central bank’s approach to inflation and the economy at his first congressional hearing as its leader. In testimony before the House Financial Services Committee, Warsh laid out the significant changes underway at the Fed meant to address the bank’s handling of inflation and…

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Hegseth blocks promotions of 4 Army officers with ties to sacked generals 

Defense Secretary Pete Hegseth blocked promotions of four Army officers picked for promotion to one-star rank, some of whom have ties to top Army generals the Pentagon chief ousted earlier…

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