SENSEX
NIFTY
GOLD
USD/INR

Weather

image 15    C

Markets News

The Economic Times

Markets / The Economic Times

details

Trump confident in Fed nominee Warsh despite potential Senate hurdles

President Donald Trump backed Fed chair nominee Kevin Warsh, signalling confidence that he would support lower interest rates. However, the nomination could face delays as Republican Senator Thom Tillis threatens to stall any Fed pick until a Justice Department probe into Jerome Powell concludes, creating fresh uncertainty around the confirmation process.

2 Feb 2026 10:52 am