Dollar Remains High After Trump's Fed Nomination

The dollar slightly declined after US President Donald Trump announced his choice for the new Federal Reserve chair. The currency remained high following the news.

The dollar gave up some of its earlier gains on Friday but remained high after US President Donald Trump said he had chosen Jerome Powell to lead the Federal Reserve.

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2026-01-30T19:06:04+00:00

Rubio reacts to Panama court ruling on port contract

US Secretary of State Marco Rubio expressed support for the Supreme Court of Panama's ruling that deemed a concession contract with a China-linked company unconstitutional.

Politics Economy Country

2026-01-30T16:58:54+00:00

Trump Nominates New Head of the Federal Reserve

US President Donald Trump has nominated Kevin Warsh as the new head of the Federal Reserve, replacing Jerome Powell. Trump praised the candidate and expressed hope that he would lower interest rates. The nomination requires Senate approval, where Republicans hold the majority.

Economy Politics Country

2026-01-30T16:14:55+00:00

Trump nominates Warsh for Fed Chair

US President Donald Trump announced the nomination of Kevin Warsh for Chairman of the Federal Reserve. Warsh will succeed Jerome Powell, whose term ends next May.