Senate Banking Committee Democrats, led by Sens. Raphael Warnock and Elizabeth Warren, sent a letter to Federal Reserve Chair Kevin Warsh demanding worker representation on the Fed's AI task force on …
Federal Reserve Chair Kevin Warsh told the Senate Banking Committee on July 15 that the current wave of AI investment is not a bubble but capital expenditure that will expand the economy's productive …
Federal Reserve Chairman Kevin Warsh on Tuesday and Wednesday declined to specify how he would tackle inflation, telling lawmakers he wants to be "more circumspect" in communications, while colleagues…
Federal Reserve chairman Kevin Warsh told the Senate Banking Committee on Wednesday that AI-driven investment will not be inflationary because it will trigger a supply response, and he predicted AI wi…
Former President Donald Trump urged the U.S. Senate to pass the Clarity Act, warning that China could dominate financial technology and artificial intelligence if the U.S. fails to act. Trump's endors…
Nvidia CEO Jensen Huang told shareholders that national security takes priority over commercial opportunities, acknowledging the company's delicate position amid Senate scrutiny over chip exports to C…
Nvidia shares fell 6.2% to $205.10 on June 5, their steepest single-day drop this year, after a stronger-than-expected U.S. jobs report reduced the likelihood of Federal Reserve rate cuts and Senator …
Claudia Sahm, a former Federal Reserve economist and creator of the Sahm Rule recession indicator, has expressed serious concerns about Kevin Warsh’s potential policies as Fed chair, warning they coul…