US Fed chair nominee Kevin Warsh says will not be a ‘puppet’ controlled by Trump

Kevin Warsh, President Trump’s nominee to chair the Federal Reserve, stated he would not serve as a “puppet” of the administration, emphasizing central bank independence. This signals a potential commitment to data-driven monetary policy rather than politically influenced rate decisions, affecting market perceptions of future policy credibility. The comment is likely to influence investor risk appetite and Treasury yield trajectories, with implications for rate-sensitive assets and the dollar. Markets are pricing in a lower probability of dovish policy shifts, reducing speculative long positions in equities and limiting downside in bond prices. Traders will watch the Senate confirmation hearing date and subsequent testimony for cues on policy continuity versus political alignment.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.