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Federal savings program
Trump Accounts app launches for children’s investment accounts
Parents and guardians can use the new app to manage tax-preferred accounts for children, with a $1,000 federal contribution for eligible kids starting July 4
Federal Reserve
Warsh’s Fed independence stance draws concern over balance sheet
The Fed chair nominee says rate policy should be independent, but former officials told CNBC his comments on Treasury coordination leave important powers unclear
Federal Reserve
Warsh Signals Limits on Fed Independence in Swap-Line Questions
The Fed chair nominee told Senate Democrats that the central bank’s special deference is strongest in monetary policy, not necessarily in international finance