Is Trump’s choice for US Fed chair a ‘chameleon’ or a ‘solid’ pick?
Experts vary in their views on Kevin Warsh, Trump’s nominee to replace Jerome Powell as head of the US central bank.
![The decision comes despite ongoing political pressure as US President Donald Trump has called for more aggressive interest rate cuts [File:Nathan Howard/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/01/2026-01-13T144147Z_2075403647_RC2C0JA6N16M_RTRMADP_3_USA-TRUMP-FED-POWELL-1769627465.jpg?resize=770%2C513&quality=80)
![Dimon said Trump’s proposed credit card interest rate caps would remove credit from 80 percent of Americans [Denis Balibouse/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/01/2026-01-21T131612Z_76809118_RC2O5JAJIBJG_RTRMADP_3_DAVOS-MEETING-JPMORGAN-1769022298.jpg?resize=770%2C513&quality=80)
![Powell’s term is slated to end in May. Last month, Trump said that he would not appoint anyone who disagrees with him to lead the central bank [File: Kevin Lamarque/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/01/2026-01-12T081104Z_1791278950_RC2VDIAAE42L_RTRMADP_3_USA-FED-POWELL-INVESTOR-1768238237.jpg?resize=770%2C513&quality=80)
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Germany hunts Christmas thieves after Ocean’s Eleven-style bank heist
Police are searching for suspects after thieves stole cash, gold and jewels worth up to $105m.
![A police handout photo shows a hole in the vault wall at Sparkasse bank after a robbery on December 29, 2025. Personal belongings visible in the image have been pixelated by police. [Gelsenkirchen Police/Reuters]](https://www.aljazeera.com/wp-content/uploads/2025/12/image-1767127889.jpg?resize=770%2C513&quality=80)
From: NewsFeed
Burglars nab tens of millions in property from German bank
Footage shows a hole in the vault of Sparkasse Bank in Gelsenkirchen, Germany, where thieves made off with valuables.
Published On 30 Dec 2025
Malaysia’s ex-PM Najib found guilty of money laundering, abuse of power
Najib sentenced to 15 years after High Court finds him guilty in trial related to 1MDB sovereign wealth fund scandal.
US unemployment hits highest level since 2021 as labour market cools
Unemployment rate rises to 4.6 percent as job cuts hit federal workers and manufacturing sector.
![162,000 federal workers took deferred buyouts which took effect in October which the White House attributes to the rise in claims [File: Mike Blake/Reuters]](https://www.aljazeera.com/wp-content/uploads/2025/12/2025-08-01T201411Z_916221448_RC2HYFA8T3E2_RTRMADP_3_USA-ECONOMY-1-1765900737.jpg?resize=770%2C513&quality=80)
From: NewsFeed
Ukraine peace talks intensify as EU debates use of frozen Russian assets
As Ukraine peace talks continue, Zelenskyy is meeting European and US officials in Berlin over security guarantees.
Published On 15 Dec 2025
US Federal Reserve cuts interest rates in final decision of the year
The central bank cut rates for the third time in 2025 as limited government data clouds economic outlook.
Bessent to push residency requirement for regional US Fed bank presidents
The move is another effort by the Trump administration to have more control over the US Federal Reserve.
Jamaica secures $6.7bn for hurricane recovery and reconstruction plan
Up to $3.6bn in government financing included, with major contributions from global financial institutions.
G20 fails to deliver on sovereign debt distress
Hopes that world leaders would use the G20 summit to tackle sovereign debt distress were dashed.
US Fed Governor Cook offers detailed defence in mortgage fraud case
Cook’s lawyer says the criminal referrals against her ‘fail on even the most cursory look at the facts’.
