Warsh wins credibility with Fed rate hike: 5 takeaways

The Hill - Sep 17, 2026

While President Trump has not publicly criticized Federal Reserve Chair Kevin Warsh for the central bank hiking interest rates on Wednesday, the move was still the opposite of what the president wanted. “I’m relying on Kevin. But he’s got … a very tough board,” Trump told reporters in North Carolina on Wednesday, adding interest rates are “too high.”...

Read full article
More News
Peter Navarro says Fed's rate raise is 'a bad decision'
Peter Navarro says Fed's rate raise is 'a bad decision'
White House adviser Peter Navarro on Wednesday blasted the Federal Reserve's move to raise interest rates, calling it "a bad decision." The central bank’s Federal Open Market Committee (FOMC), led...
Sep 17, 2026See more
Hong Kong’s 5-year plan, policy continuity offer investors more stability, experts say
Hong Kong’s 5-year plan, policy continuity offer investors more stability, experts say
Longer-term vision and policies with continuity mapped out in Hong Kong’s inaugural five-year plan, along with the latest policy blueprint, offer investment opportunities and greater stability for investors, according to...
Sep 17, 2026See more
Federal judge limits immigration arrests without a warrant in Southern California
Federal judge limits immigration arrests without a warrant in Southern California
A Los Angeles federal judge has ordered immigration agents to stop making civil arrests without a warrant unless they first determine that a person is likely to escape before one...
Sep 16, 2026See more
Trump blames Fed board, not Warsh, for rate hikes
Trump blames Fed board, not Warsh, for rate hikes
President Trump on Wednesday praised Federal Reserve Chair Kevin Warsh, blaming the board instead for the interest rate increase. “I'm relying on Kevin, but he's got a very tough board,”...
Sep 16, 2026See more
LAUSD faces tough choices: Which schools to close, update or rebuild as enrollment dives
LAUSD faces tough choices: Which schools to close, update or rebuild as enrollment dives
As LAUSD enrollment drops, district officials face tough choices over school closures and how to prudently spend billions in voter-approved bond funds.
Sep 16, 2026See more
Trump donor Harold Hamm's oil company announces Venezuela deal
Trump donor Harold Hamm's oil company announces Venezuela deal
Trump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela. Continental signed a memorandum of understanding with Venezuela’s state-run oil company that would allow...
Sep 16, 2026See more
Dramatic recording could help answer why NBC4 helicopter crashed
Dramatic recording could help answer why NBC4 helicopter crashed
At a news conference Wednesday, federal transportation officials said the most critical information available so far has been video captured from the helicopter during its final, live broadcast moments before...
Sep 16, 2026See more
Warsh says Fed cares 'very much' about AI developments
Warsh says Fed cares 'very much' about AI developments
Federal Reserve Chair Kevin Warsh said Wednesday the central bank is keeping tabs on rapidly developing artificial intelligence (AI) models. “We care very much about what's happening in artificial intelligence,”...
Sep 16, 2026See more
Trump offers fiery response to Federal Reserve rate hike
Trump offers fiery response to Federal Reserve rate hike
President Trump offered a fiery response to the Federal Reserve’s decision to hike interest rates on Wednesday, demanding instead that rates be quickly and drastically lowered.  "Interest Rates in the...
Sep 16, 2026See more
Commentary: News helicopters are very L.A. It's a dangerous job
Commentary: News helicopters are very L.A. It's a dangerous job
Los Angeles and airborne reporting were always a match made, if not in heaven, then a quarter-mile or so closer to it than the rest of us earthbound beings.
Sep 16, 2026See more
La Opinión, the chronicler of Latino life in L.A., reflects on a century of change
La Opinión, the chronicler of Latino life in L.A., reflects on a century of change
The paper celebrated its centennial milestone by publishing a series of 100-word columns.
Sep 16, 2026See more
Takeaways From the Fed’s Decision to Raise Interest Rates
Takeaways From the Fed’s Decision to Raise Interest Rates
Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’
Sep 16, 2026See more
They were the 'eyes and ears in the sky.' NBC4 helicopter crew were SoCal news veterans
They were the 'eyes and ears in the sky.' NBC4 helicopter crew were SoCal news veterans
On Tuesday evening, KNBC reporter Eliana Moreno and pilot George Marciniw flew together for the last time, before their NBC4 news helicopter crashed in Chatsworth.
Sep 16, 2026See more
Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
Sep 16, 2026See more
Zuckerberg: AI companies incentivized toward safety
Zuckerberg: AI companies incentivized toward safety
Meta CEO Mark Zuckerberg on Tuesday argued that artificial intelligence (AI) companies are incentivized toward safety when it comes to the timing of crafting their models and that external pressure...
Sep 16, 2026See more
Fed hikes interest rates by quarter point
Fed hikes interest rates by quarter point
The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank's Federal Open Market Committee (FOMC), under Fed...
Sep 16, 2026See more
New evidence shows that you are only slightly hotter than a T. rex
New evidence shows that you are only slightly hotter than a T. rex
These cold-blooded killers were probably as warm-blooded as mammals, according to new research.
Sep 16, 2026See more
Recommended