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Warsh’s Big Test at Jackson Hole

Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.

© Evelyn Hockstein/Reuters

Investors are eagerly awaiting today’s speech by Kevin Warsh, the Fed chairman.

In Trump’s Washington, Ballooning National Debt Stirs Little Action

28 August 2026 at 00:15
The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed.

© Anna Moneymaker/Getty Images

A sign showing the national debt last week at a bus stop in Washington.

WATCH: Bessent announces new sanctions to block Iran's revenue streams

Iran's currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.

WATCH LIVE: Bessent expected to announce new round of Iran sanctions

Iran's currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade.

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