Fed Chair nominee Warsh says monetary policy should remain independent, but Fed must 'stay in its lane'

European Central Bank President Christine Lagarde said two main factors around the Iran war are hampering efforts to map out a monetary-policy response.

Kevin Warsh, Donald Trump’s nominee to be the next chair of the Federal Reserve, vowed to protect the US central bank’s independence if he is confirmed to the role.

The cable-TV seller faces bankruptcy as TikTok Shop and other video platforms take over.