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Fed Chairman Warsh Seeks to Calm Elevated Inflation Concerns

28 August 2026 at 21:36
In a high-profile speech, Kevin M. Warsh said the Federal Reserve was chiefly responsible for taming inflation. If price increases do not return to the central bank’s target quickly, β€œwe have work to do,” he said.

Β© Natalie Behring/Getty Images

Kevin M. Warsh, the Federal Reserve chairman, left, used a closely watched speech in Jackson, Wyo., to assure the public that the central bank is committed to tackling inflation.

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.

Β© Anna Moneymaker/Getty Images

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