Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates.
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank.
The decision to nominate Brett Matsumoto, a career government economist, came six months after the president fired the previous commissioner.
The world body warned it would run out of money by July and have to close its New York headquarters if countries, namely the United States, did not pay annual dues that amount to billions of dollars.
The New Shepard rocket from Blue Origin, which brought 92 people on trips to the edge of space, will cease flying for at least two years as the company prioritizes NASA contracts.
The president is demanding that the federal government pay him at least $10 billion over the unauthorized disclosure of his tax returns during his first term.
For more than 30 years, he drew fans for dispensing weekly produce punditry on a New York television station, building on a sales career that began when he was 5.
President Trump announced Kevin Warsh as his nominee to succeed Jerome H. Powell as chair of the Federal Reserve. Our reporter Colby Smith explains why the choice matters for the economy.
Ross Perot Jr.’s Hillwood is preparing its second billion-dollar master-planned community in Denton County.