Latest Political News on Fox News

GOP senator vows to block Trump's Fed chair pick unless Powell probe is dropped

Sen. Thom Tillis said he will block Trump's Federal Reserve nominee until the DOJ ends its criminal probe of Jerome Powell over a building renovation controversy....

Trump confirms what Tulsi Gabbard was doing at Georgia election center

President Donald Trump said Director of National Intelligence Tulsi Gabbard was in Georgia at an election facility seeking to "keep the election safe."...

Federal judge backs away from threat to hold ICE leader in contempt

Acting ICE director avoids contempt hearing as judge releases scathing criticism of agency's alleged widespread violations of court orders....

Trump and GOP eye midterm convention cities in high-stakes bid to hold House, Senate

Trump likes Nevada or Texas for possibly hosting GOP's first midterm convention, sources tell Fox News. Historic "Trump-a-palooza" aims to boost Republican chances....

Pete Buttigieg, other Democrats endorse Amy Klobuchar for Minnesota governor

Biden-era Transportation Secretary Pete Buttigieg and other Democratic figures have endorsed gubernatorial candidate Sen. Amy Klobuchar for governor of Minnesota....

US Top News and Analysis

Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell

President Trump on Friday named Kevin Warsh to succeed Jerome Powell as Fed chair, ending an odyssey that has seen unprecedented turmoil around the central bank....

Trump finally makes his Fed chair pick — What Kevin Warsh means for investors

Investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates. ...

Ford to record $600 million pretax pension charge in fourth quarter

Ford will report a pretax charge of $600 million in its fourth quarter results due to adjustments to employee pension plans and other postretirement benefits....

Stocks fall as investors weigh latest earnings, Warsh Fed chair pick; S&P 500 on pace for January gain: Live updates

On Friday morning, President Donald Trump named former Fed Governor Kevin Warsh his replacement pick to take over the U.S. central bank....

Former CNN anchor Don Lemon arrested by feds over Minnesota activities, lawyer says

Lemon's "constitutionally protected work in Minneapolis was no different than what he has always done," his lawyer, Abbe Lowell, said....

NYT > U.S. > Politics

Who Is Kevin Warsh, Trump’s Pick to Lead the Fed?

The president’s choice to lead the Federal Reserve is a financier and former governor of the central bank....

California Crypto Billionaires Plan to Spend Tens of Millions on Moderate Candidates

Chris Larsen and Tim Draper, two outspoken Silicon Valley leaders, are planning to spend tens of millions of dollars to elect moderate state lawmakers this year....

Trump Repeats Claims Against Alex Pretti, Casting Slain Nurse as ‘Agitator’

After videos resurfaced showing a confrontation between Mr. Pretti and federal agents 11 days before officers fatally shot him, President Trump again sought to cast blame on him....

Trump Picks Kevin Warsh as Next Fed Chair

If confirmed by the Senate, Kevin M. Warsh, a former governor at the central bank, will replace Jerome H. Powell, whose term as chair ends in May....

Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall

The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years....