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EXPLAINED: 9 | Rare Historical Photos

Photos of the week | April 17-23, 2026

Another new member of Congress was sworn in, budget hearings dominated the Hill and a big redistricting referendum vote passed in Virginia this week. Here are images captured by CQ Roll Call photojournalists.

Roll Call

Fed chair nominee Warsh rejects 'Trump sock puppet' label at Senate hearing

Kevin Warsh, the nominee for Chair of the US Federal Reserve, declared he has not pledged to lower interest rates to secure his position despite public calls from US President Donald Trump for immediate monetary easing.

Euronews

S&P Futures Climb as Investors Cheer U.S.-Iran Ceasefire Extension, Tesla Earnings in Focus

June S&P 500 E-Mini futures (ESM26) are trending up +0.56% this morning as sentiment improved after U.S. President Donald Trump indefinitely extended the ceasefire with Iran.

Barchart

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Internet sleuths go crazy as NFL Hall of Famer Larry Fitzgerald sits behind Trump Fed Chair pick Kevin Warsh

Eagle-eyed fans spotted the former Arizona Cardinals wide receiver in an unexpected place

The Independent UK

Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

Kevin Warsh says ‘we need to take politics out of monetary policy’ as Elizabeth Warren calls him Trump’s ‘sock puppet’

The Guardian - US

Fed Chair Nominee Kevin Warsh Says Central Bank Will Remain 'Strictly Independent'

President Donald Trump's nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president's "sock puppet."

International Business Times

Warsh vows Fed independence; Democrats assert financial conflicts

Kevin Warsh, the nominee to be next chairman of the Federal Reserve, promised senators Tuesday that the central bank would maintain its independence from the White House under his leadership and that he would divest assets that raised conflict-of-interest concerns among Democrats. Warsh tried to reassure lawmakers at the Senate…

Roll Call

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Inside Kevin Warsh's opening statement: Inflation is a choice, independence is essential, and a couple of notable name drops

“I do not believe the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates.”

Fortune

Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates

Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liability

The Guardian - US

Kevin Warsh Fed Chair Nomination: Updates and Commentary

On May 13, the Senate confirmed Kevin Warsh as the next Fed chair.

Kiplinger

Fed chair nominee Warsh to field questions about Fed independence

Republicans and Democrats on the Senate Banking Committee appear poised to question Kevin Warsh, the nominee to be the next chairman of the Federal Reserve, on the central bank’s independence — but from different angles — during a hearing scheduled for Tuesday. Ranking member Elizabeth Warren is also expected to question…

Roll Call

How Trump’s repeated efforts to fire Federal Reserve Chair Powell harm the economy – and make battling inflation harder

President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence.

The Conversation

Trump Says He 'Will Have to Fire' Jerome Powell If He Stays at the Fed After His Term Expires

President Donald Trump said that he would fire Federal Reserve Chair Jerome Powell if he remained at the central bank after his term as chair expires next month.

International Business Times

Why Does The Fed Keep Threatening Rate Hikes? It’s Afraid of Its Own Secret Printing Press.

While the Federal Reserve uses hawkish rhetoric to scare the markets, its balance sheet tells a completely different story. The regulator is quietly injecting billions into short-term Treasury bills, running a hidden printing press to save the system from a liquidity vacuum.

Barchart

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Barchart

2% Inflation Is Holding the Federal Reserve Hostage: This Is What the Stock Market Desperately Needs to Keep Growing

If the Fed refuses to allow inflation to linger at 3%-4%, the stock market will become dehydrated and eventually stop growing altogether.

Reason

Federal Reserve: Without Tariffs, Inflation Would Have Dropped to Pre-Pandemic Levels During 2025

New study finds that tariffs were responsible for the "entirety of the excess inflation in the core goods category."

The Independent UK

Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war

Inflation probably rose to 3.4% in March compared with a year ago, economists estimate, which would be a sharp increase from February’s 2.4% increase

Kiplinger

March CPI Report: Iran War Lifts Inflation to a 2-Year High

The March CPI report, released Friday morning, showed spiking energy costs are boosting inflation. Here's what to know.

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The Conversation

Trump Fed pick Kevin Warsh could shake up the central bank with his ‘family fight’ model

Since President Donald Trump named Kevin Warsh as his choice for Federal Reserve chair on Jan. 30, 2026, financial markets have focused on one question: Is he still the inflation hawk he once was, or is he now more comfortable with the lower interest rates that the president has long…

International Business Times UK

Robert Kiyosaki Says US Boomers Face a Wave of Homelessness as Inflation to Wipe out Social Security

Robert Kiyosaki warns that US baby boomers face mass homelessness as hyperinflation threatens to liquidate Social Security. The Rich Dad Poor Dad author labels the Federal Reserve a 'criminal organisation' amid rising US stagflation risks. Financial experts fear the US-Iran war will drive oil prices higher despite efforts to open…

The Guardian - US

US treasury department demands retraction of story on increased oversight of Federal Reserve

Treasury department said Financial Times article about Scott Bessent’s views on Fed oversight was ‘manufactured’

International Business Times

DOJ Official Admits No Evidence Against Jerome Powell Found Prior to Launching Probe: Report

The Justice Department admitted to a federal judge that they had no evidence of criminal wrongdoing, but were investigating Fed Chair Jerome Powell anyway

Barchart

Let’s Get This Strait: Amid Hormuz Closure, Oil Prices Are the Only Macro Force That Matters

The most dangerous part of this storm is the disconnect between oil futures and physical oil.

The Independent UK

Prosecutor conceded lack of criminal evidence in Federal Reserve investigation, transcript shows

Newly released court records indicate the Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime before a judge quashed government subpoenas, dealing a severe blow to the probe

International Business Times UK

Ray Dalio Explains Why the US Economy is Headed For a 'Debt Death Spiral'

Billionaire Ray Dalio warns that the US economy has entered a terminal 'debt death spiral' as national debt surpasses $39 trillion. The hedge fund legend compares current inflation to the 1970s and suggests a 15 per cent gold allocation to protect against fiat currency devaluation. As the Federal Reserve faces…

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