President Trump: ‘I would’ be disappointed if Kevin Warsh doesn’t cut rates right away

President Trump: 'I would' be disappointed if Kevin Warsh doesn't cut rates right away President Donald Trump joins 'Squawk Box' to discuss the latest on U.S.-Iran negotiations, whether a peace deal can be reached, state of the Strait of Hormuz blockade, the confirmation hearing of Fed ...

Trump, who knocked down the East Wing, complains that the Fed destroyed a beautiful building. Says Warsh complained about the HQ project. "I would have fixed that building for $25 mm," Trump says. www.cnbc.com/video/2026/0...

"It'll hurt them. It'll hurt them militarily" -- Joe Kernen gives Trump a chance to say he doesn't actually want to commit war crimes in Iran, but Trump doesn't really take it

Been there, done that: Capital gains indexing is still a bad idea | Brookings Elena Patel explains why recent proposals for the Treasury to index capital gains for inflation make for poor tax policy.

Elena Patel of @brookings.edu: Been there, done that: Indexing capital gains is still a bad idea www.brookings.edu/articles/bee...

Who Earns Economics PhDs, 2021–2024? Pathways, Mentoring, and Early Career Outcomes - Journal of Economics, Race, and Policy This article examines who earned doctoral degrees in economics from U.S. institutions between 2021 and 2024 and analyzes the structural and individual factors associated with entry, persistence, and e...

NOTED: Of the 5,481 PhDs in economics awarded in the US between 2021 and 2024, 65% went to folks who were neither US citizens nor permanent residents. link.springer.com/article/10.1...

Fed Governor Christopher Waller: Transforming the Fed’s operations for the 21st century | Brookings On April 21 Brookings will host Fed Gov. Waller to discuss the operations role of the Reserve banks and outline plans to modernize and improve its efficiency.

After you watch Warsh's confirmation hearing, turn to Fed Gov Christopher Waller @brookings.edu talking about his quest to modernize the Fed's operations. 2:30 PM EDT in-peson and live-streamed. www.brookings.edu/events/fed-g...

State officials agreed to pay Apple $22,000 for each qualifying full-time job created at HQ2 that offered an average annual salary of $150,000. (Positions are only eligible for the incentive payout if filled by a new hire rather than an existing employee transferred to the site.

Opinion | Jerome Powell Stood Up to Trump. Will the Next Guy?

My take: A successful central banker, the adage goes, moves interest rates the right way at the right time and looks like he knows what he is doing. If Kevin Warsh is confirmed, he will be judged by those tests and by one more: the Powell Standard. www.nytimes.com/2026/04/21/o...

All three of the cabinet secretaries who have left during Trump's second term are women: Bondi, Noem, Chavez-DeRemer

Labor Secretary Lori Chavez-DeRemer Has Resigned A Labor Department spokesperson did not immediately respond to a request for comment.

Labor Secretary is out. Who's next to go?
www.notus.org/trump-white-...

Opinion | The Town That Reveals All of Trump’s Bad Economic Ideas

My friend and former colleague Bob Davis returns to Hickory, NC, and finds signs of economic revival -- but no thanks to Trump's policies. www.nytimes.com/2026/04/20/o...

Krisha Guha on Warsh opening statement: "Warsh is signaling his dislike of a particular type of Fed dovishness that has been prevalent in recent years, but at the same time potentially opening the door to a different type of dovishness."

Warsh opening statement for tomorrow's confirmation hearing
www.politico.com/f/?id=000001...

Jon Faust: Only one Fed Chairman has ever dissented from an FOMC vote: Marriner Eccles did so three times in the late 1930s. krieger.jhu.edu/financial-ec...

Next day for SCOTUS opinions is Wednesday so no ruling in the Lisa Cook case before Kevin Warsh's Tuesday confirmation hearing.

Hassett: "Kevin Warsh is going to be the Fed Chair, and when he's Fed Chair, then everybody who wants to find out about all the cost overruns and everything else that has been going on over the last couple weeks will be able to do so, because we got a Fed Chair there who people trust."

Iran Says Hormuz Strait Will Close Two Years for Renovations The Strait of Hormuz board, packed with cronies of Supreme Leader Mojtaba Khamenei, also approved a plan to put Khamenei’s name on the renovated waterway.

Borowtz (humor) open.substack.com/pub/borowitz...

When the projections were made in 2018, “No one had a crystal ball to predict how the tech industry and the economy would evolve over the next decade,” Amazon said. “Like other major tech companies, we’ve experienced more moderate growth in recent years due to industry-wide headwinds."

Amazon is behind on jobs promised for funding to build Virginia headquarters The company expected to be nearly halfway to its goal of 25,000 new jobs in the area by 2038. It has created a little more than 7,000.

Amazon promised a lot of new jobs in Virginia in exchange for public subsidies, but failed to hit its annual job growth mark for third year, ending 2025 with 73 fewer new positions vs 1,600 new jobs projected for the year under its incentive agreement with state wapo.st/3QOsNdS

In Fed Fight, Trump Faces the Senator With Nothing to Lose A Senate committee is weighing Trump’s choice for the next Federal Reserve chair this week, but there’s someone blocking his confirmation: North Carolina’s Sen. Thom Tillis.

Thom Tillis’s colleagues don’t see him backing down on his Fed blockade and aren’t trying to stop him

“If you’re asking me if I think that Tillis is bluffing, the short answer is no. Long answer is hell no,” said Sen. John Kennedy (R., La.)

For U.S. medical researchers, shrinking labs and bare budgets are the new reality The Trump administration has slashed the number of grants from the National Institutes of Health, with far fewer focused on women, cancer and mental health.

American science is shrinking.

A Post analysis found that, halfway through this fiscal year, the number of competitive grants awarded by the National Institutes of Health is down by more than half compared with the same period last year. https://wapo.st/3OgoHKV

Suspect there were trademark issues with that name

Father of funder of NOTUS/Star once owned the late Washington Star
en.wikipedia.org/wiki/The_Was...

U.S. Treasury’s Office of Financial Research Faces Cuts A Dodd-Frank agency tasked with monitoring systemic risk has repeatedly faced pressure and scrutiny from deregulators. Read more!

What's happening to the Treasury's Office of Financial Research, which was created by Dodd-Frank after the Global Financial Crisis? www.garp.org/risk-intelli...

Waller cites this note by Fed economists Seth Murray and Ivan Vidangos www.federalreserve.gov/econres/note...

Fed's Waller: The decline in immigration, combined with the continued aging of the population, means that very little or no net job creation is necessary to absorb new workers into employment. www.federalreserve.gov/newsevents/s...

The newsroom, which had about 45 people at the beginning of the year, will probably more than double to 95 journalists by the end of the year.

Politics News Site NOTUS to Become ‘The Star’

NOTUS, the Washington political news website with ambitious plans to fill a void it says was left by deep cuts at The Washington Post, will be renamed The Star and relaunch in the first week of June. www.nytimes.com/2026/04/16/b...

Prediction market (Kalshi) expects Warsh to be confirmed probably before June 1 and highly likely before August 1.
kalshi.com/markets/kxfe...

The "mathematics" of the Ukraine War YouTube video by Brookings Institution

Finland's president on why Ukraine is winning. Short video via @brookings.edu youtube.com/shorts/xNnI-...