Post

Trump Officially Nominates Kevin Warsh as Fed Chair to Replace Jerome Powell President Trump announced on Friday that he is nominating former Federal Reserve Governor Kevin Warsh to serve as the next chairman of the Federal Reserve, replacing Jerome Powell who is set to leave the position in January. The nomination comes after weeks of speculation and rumors surrounding who would succeed Powell, who was appointed by Trump in 2018. Warsh, a longtime ally of Trump's, has been a vocal critic of the Fed's interest rate policies, particularly during his time on the Federal Reserve Board from 2006 to 2011. As chairman, Warsh is likely to bring a more hawkish approach to monetary policy, which could lead to higher interest rates and potentially slower economic growth. The nomination must be approved by the Senate, where Trump's fellow Republicans hold a slim majority. The confirmation process is expected to be contentious, with many Democrats already expressing opposition to Warsh's appointment. Warsh has been a vocal supporter of Trump's economic policies, including his signature tax cuts and trade deals. He has also been a frequent critic of the Fed's actions during the 2008 financial crisis, arguing that the central bank was too slow to respond and contributed to the severity of the downturn. Powell's departure from the Fed is expected to take place in January, when his term as chairman expires. Trump has not yet announced a nominee for vice chair, but it is likely that he will name someone who shares Warsh's views on monetary policy. The nomination comes at a time of great uncertainty for the global economy, with trade tensions and slowing growth in key markets such as China and Europe posing significant risks to the outlook. The Fed has already cut interest rates three times since July to...#China #Europe #Federal_Reserve #Jerome_Powell #Kevin_Warsh #Donald_Trump

Warsh Nominated for Fed Chair, Path to Confirmation Unclear President James Wilson announced on Thursday that he has nominated Federal Reserve Governor Lisa Warsh to take over as the central bank's chairperson, effective June 1. The move marks a significant shift in leadership at the Fed, which has been led by Jerome Powell since 2018. Warsh, who was appointed to the Fed's board of governors in 2020, has emerged as a top candidate for the role due to her expertise in monetary policy and international finance. However, her path to confirmation is unclear, with some lawmakers expressing concerns about her views on inflation and labor market policies. The nomination must be approved by the Senate, where Democrats hold a slim majority. The chamber's Democratic leader, Senator Rachel Martin, has vowed to give Warsh a fair hearing but also signaled that she will scrutinize the nominee's record and policy positions closely. Warsh's supporters point to her experience as a chief economist at the International Monetary Fund and her role in shaping the Fed's response to the 2020 financial crisis. They argue that her appointment would bring much-needed diversity and fresh perspectives to the central bank's leadership. On the other hand, some lawmakers have raised concerns about Warsh's views on inflation targeting, which they believe could lead to higher interest rates and slower economic growth. Others have questioned her commitment to labor market policies, particularly her support for the Fed's 2022 decision to raise interest rates despite warnings from economists that it could exacerbate income inequality. The nomination comes at a critical juncture for the US economy, which has been grappling with rising inflation and supply ...#Federal_Reserve #Jerome_Powell #International_Monetary_Fund #US_Economy #Lisa_Warsh #Rachel_Martin #Senate_Banking_Committee

Even Before He Reaches the Fed, Warsh's Path to Rate Cuts Is Getting Tougher Victoria McGrane and Alexandra Scaggs Federal Reserve nominee Kevin Warsh is facing a tough road ahead in his bid to join the central bank, with his path to rate cuts growing increasingly uncertain. The Senate Banking Committee is scheduled to vote on his nomination next week, but several committee members have expressed reservations about Warsh's views on monetary policy and his potential impact on interest rates. Warsh, a former Treasury Department official, has been criticized by some lawmakers for his perceived lack of experience in monetary policy and his possible bias towards inflation. His supporters argue that he would bring a fresh perspective to the Fed, but critics worry that he could be too quick to raise interest rates, potentially stifling economic growth. The nomination process comes at a critical time for the US economy, with the Federal Reserve considering whether to cut or hold steady interest rates as it weighs the impact of rising inflation and a slowing job market. Warsh's arrival would likely put additional pressure on Fed Chairman Ben Bernanke to explain his views on monetary policy and interest rates. Warsh has made some comments that have raised eyebrows among lawmakers, including his suggestion that the Fed should prioritize fighting inflation over promoting economic growth. This approach has been criticized by many economists who believe that low interest rates are essential for keeping the economy growing during times of uncertainty. The Senate Banking Committee is expected to vote on Warsh's nomination next week, with a full Senate vote likely to follow soon after. While some lawmakers have expressed re...#Inflation #Federal_Reserve #Kevin_Warsh #Treasury_Department #Ben_Bernanke #US_Economy #Interest_Rates #Monetary_Policy

Rock the Block Goes to Las Vegas With Celebrity Pairings for Season Seven Get ready for a star-studded season of Rock the Block! The popular HGTV show is taking its renovation magic to the Entertainment Capital of the World, Las Vegas, and pairing up with some A-list celebrities. In its seventh season, Rock the Block will bring together two celebrity teams to transform four rundown properties in Sin City's iconic neighborhoods. The show's format remains unchanged, as two teams of one professional contractor and one celebrity partner will be tasked with designing and building their own unique spaces within a limited timeframe. The catch? Each team will have only 12 days to complete the renovation, making it an even more challenging and thrilling experience for both the pros and the stars. This season's celebrity pairings are just as exciting as the locations. Country music superstar Keith Urban is teaming up with contractor Ty Pennington, while actress and comedian Christina Hendricks will be working alongside designer Mina Starsiak. With their unique perspectives and skills, these teams promise to bring some Vegas flair to their renovations. Throughout the season, viewers can expect to see a mix of modern and vintage designs, bold colors, and clever space-saving solutions as our celebrity duos tackle everything from mid-century modern homes to trendy poolside retreats. Will they be able to balance their creative visions with the constraints of the renovation timeline? Tune in to find out on Rock the Block's seventh season. The new season of Rock the Block premieres this fall, so mark your calendars and get ready to join the fun in Las Vegas!#Las_Vegas #Rock_the_Block #Keith_Urban #Ty_Pennington #Christina_Hendricks #Mina_Starsiak #HGTV #Sin_City

Star-Studded 'Rock the Block' Gets Premiere Date & Surprising Roster of Celebrity Judges Get ready for some serious home renovation magic as HGTV's hit competition series "Rock the Block" returns with an all-new season and an impressive lineup of celebrity judges. The show, which pits four talented designers against each other to create the ultimate outdoor space, will premiere on April 12th at 9:00 PM ET. But that's not all - this season brings together a diverse group of A-list celebrities who'll serve as guest judges throughout the competition. Among them are Academy Award-winning actress Octavia Spencer, Grammy-winning singer-songwriter Adam Levine, and Super Bowl champion quarterback Russell Wilson. Each judge will bring their unique perspective and expertise to the table, making for some fascinating critiques and surprising eliminations. As always, the four competing designers - Amy Brandt, Antonio Moran, Cortney McIntosh, and Shea McGee - will face off in challenges that test their creativity, skill, and attention to detail. From transforming small backyards into stunning oases to building elaborate outdoor kitchens and fire pits, these talented contestants will stop at nothing to impress the judges and win the coveted "Rock the Block" title. Throughout the season, viewers can expect plenty of drama, humor, and inspiration as our designers navigate the twists and turns of this high-stakes competition. With its unique blend of home design, celebrity flair, and friendly competition, "Rock the Block" is sure to captivate audiences once again. Don't miss the premiere on April 12th!#Octavia_Spencer #Adam_Levine #Russell_Wilson #Amy_Brandt #Antonio_Moran #Cortney_McIntosh #Shea_McGee

Rock the Block Is Back! The highly anticipated return of Rock the Block is finally here, and People has an exclusive first look at the star-studded cast in action. The trailer for the new season drops on Tuesday, and it's packed with excitement as the celebrities face off against each other to transform rundown properties into stunning masterpieces. This year's lineup boasts a diverse group of talented contestants, including former NFL quarterback Carson Palmer, actress Lacey Chabert, singer-songwriter Jessie James Decker, and Real Housewives of Atlanta star Kenya Moore. Together, they'll be working with a team of expert designers and contractors to give their properties a complete makeover. The trailer gives us a glimpse into the drama that's sure to unfold as the celebrities navigate the challenges and surprises that come with renovating a home. From tearful goodbyes to heated arguments, it's clear that this season will be filled with plenty of twists and turns. But despite the tension, there are also moments of pure joy and triumph as the contestants see their hard work pay off. And let's not forget the stunning before-and-after reveals that will leave viewers speechless. Rock the Block premieres on Tuesday, and if the trailer is any indication, it's going to be a wild ride. Don't miss out on the excitement – tune in to see which celebrity comes out on top!#NFL #Carson_Palmer #Lacey_Chabert #Jessie_James_Decker #Kenya_Moore #Rock_the_Block #Real_Housewives_of_Atlanta

Mario Day This Year Means Three New Switch Online + Expansion Pack Games In celebration of Mario's birthday, Nintendo has announced that three new games will be added to the Nintendo Switch Online + Expansion Pack library. The new titles include Crystal Shards, a unique puzzle game featuring the iconic plumber, as well as two classic NES titles: Wrecking Crew and Pinball. Crystal Shards is an innovative puzzle game where players must rotate and arrange crystals to create a path for Mario to reach the goal. This challenging yet addictive game will be a great addition to the Switch Online + Expansion Pack library, offering something new and exciting for fans of the Mario series. Wrecking Crew, originally released in 1985, is a classic platformer where Mario must navigate through various levels, destroying structures while avoiding obstacles and enemies. This game is a great representation of the early days of Mario gaming and will surely bring back nostalgic memories for many fans. Pinball, on the other hand, is an updated version of the original arcade game. In this game, players take control of Mario as he navigates through different pinball tables, trying to achieve high scores and unlock special features. This classic game is a great example of how Nintendo has been able to update and revitalize its older games for modern audiences. These new additions will be available starting on March 10, which marks the official birthday of Mario. To celebrate this special day, fans can enjoy these new titles along with the other NES and SNES games already available through the Switch Online + Expansion Pack service.#Nintendo #Wrecking_Crew #Mario #NES #SNES #Crystal_Shards #Pinball #March_10

Mario's 35th Anniversary: Three Retro Mario Titles Coming to Nintendo Switch Online on Mario Day Nintendo is celebrating Mario's 35th anniversary in style, announcing that three retro Mario titles will be added to its Nintendo Switch Online service starting March 10. The classic games are part of a special celebration honoring the iconic plumber, and they'll be available for subscribers to play and enjoy. The three new additions to the Nintendo Switch Online library are Super Mario Bros., Super Mario World, and Dr. Mario. These retro titles will join other classic games like Super Mario All-Stars, The Legend of Zelda, and Punch-Out!! that were already available on the service. Super Mario Bros. is a platforming classic that was released for the NES in 1985 and has been re-released several times since then. It's a must-play for any fan of the series or retro gaming in general. Super Mario World, which debuted on the SNES in 1990, is also an essential experience, introducing Yoshi as Mario's loyal dinosaur sidekick. Dr. Mario, released for the NES in 1990, is a puzzle game that challenges players to eliminate viruses by matching colored pills. It was a massive hit during its initial release and has remained popular over the years. These classic games will be available for download from the Nintendo Switch Online library starting March 10, giving fans of all ages a chance to play these retro titles on their modern gaming console.#Nintendo #Mario #NES #Yoshi #SNES #Super_Mario_Bros #Super_Mario_World #Dr_Mario

Nintendo Switch 2 + Mario Kart World Bundle Offer Announced Nintendo has announced an exciting offer for gamers, where they can claim 12 months of Nintendo Switch Online + Expansion Pack Individual Membership free with the purchase of a Nintendo Switch 2 + Mario Kart World Bundle. This incredible deal is available between March 10th and April 14th. The bundle includes the new Nintendo Switch 2 console, which offers improved battery life, a faster processor, and enhanced audio capabilities. The package also comes with Mario Kart World, the latest installment in the popular racing game series. The game features stunning visuals, new tracks, and a wide range of playable characters. As part of this special offer, customers who purchase the bundle will receive a 12-month subscription to Nintendo Switch Online + Expansion Pack Individual Membership. This premium service offers access to a growing library of NES and SNES games, as well as exclusive benefits like cloud saves and online multiplayer gaming. The offer is available for a limited time only, so gamers should act quickly to take advantage of this incredible deal. With the added bonus of 12 months of Nintendo Switch Online + Expansion Pack Individual Membership, customers can enjoy an unparalleled gaming experience without any extra cost. This remarkable bundle is sure to delight fans of Mario Kart and Nintendo in general. Don't miss out on this fantastic opportunity to elevate your gaming experience with the new Nintendo Switch 2 console and Mario Kart World game.#Nintendo #Mario_Kart #NES #Nintendo_Switch_2 #SNES

Tyler Glasnow to Start Against Team Mexico on Wednesday The United States Men's National Team has announced that left-handed pitcher Tyler Glasnow will take the mound for the opening game against Team Mexico in the 2023 World Baseball Classic. The highly anticipated matchup is set to take place this Wednesday at the Estadio de Beisbol Monterrey in Monterrey, Mexico. Glasnow, a key member of the Tampa Bay Rays' starting rotation, has been impressive on the mound thus far in his career, boasting a 3.48 ERA and striking out over 11 batters per nine innings pitched. His ability to induce ground balls at an alarming rate makes him a formidable opponent for any team. The U.S. squad is eager to get off on the right foot in this year's tournament, having finished as the bronze medalists in the previous edition of the World Baseball Classic. Manager Mark DeRosa and his coaching staff have been preparing Glasnow and the rest of the roster for a grueling schedule that includes matches against Japan, Canada, and Colombia before the knockout stage. Glasnow is expected to face off against Team Mexico's top prospect, right-handed pitcher Gilberto Jiménez, who has been making waves in the Mexican League with his 0.86 ERA and 12 strikeouts per nine innings pitched. The clash of styles between Glasnow's left-handed heat and Jiménez's right-handed velocity could make for an electrifying matchup. As the U.S. team prepares to take on Team Mexico, fans are eagerly anticipating a thrilling contest that will set the tone for the remainder of the tournament. With Glasnow slated to start, expectations are running high for a performance that will leave a lasting impression o...#Mexico #Canada #Japan #Tyler_Glasnow #Tampa_Bay_Rays #Mark_DeRosa #Gilberto_Jimenez #Estadio_de_Beisbol_Monterrey #World_Baseball_Classic #Colombia