Retraction. Starting in June 2026, The Fold published a storyline reporting that Iran's Supreme Leader Ali Khamenei was assassinated on February 28, that his son Mojtaba Khamenei was installed as his successor, and that a US-Iran war, ceasefire, and Doha diplomatic process followed — including in this article. We have found no independent, verifiable reporting supporting these specific claims. The storyline originated as an error in our automated drafting process: an early chapter generated these details without a real source, and later chapters treated the invented premise as established fact instead of catching the error. We do not have independent knowledge of Mr. Khamenei's actual status and are not asserting an alternative account — we are withdrawing our own reporting because we cannot stand behind it. See our corrections log.
Storyline 3 chapters

Federal Reserve

May 6 – May 22, 2026 Updated May 22

Every published chapter of The Fold's coverage of Federal Reserve, in one place — oldest to newest, updated as the story develops.

Market News

Fed holds rates for third meeting; Powell to stay on as governor after term ends

The Federal Open Market Committee voted 8-4 to keep rates at 3.5-3.75% in chair Jerome Powell's last meeting at the helm. Mr Powell said he will remain on the board after his term as chair ends on May 15.

National

Kevin Warsh set to take over Federal Reserve as Powell’s term ends

Kevin Warsh is preparing to assume the Federal Reserve chairmanship as Jerome Powell’s term concludes. Markets are pricing rising odds of a 2026 rate increase as the Iran conflict keeps oil prices and inflation elevated.

Market News Latest

Kevin Warsh sworn in as Fed chair as Trump urges him to "do your own thing"

Kevin Warsh took the oath of office from Supreme Court Justice Clarence Thomas at the White House on Friday, becoming the 17th chair of the Federal Reserve in the first such ceremony held at the executive mansion since Alan Greenspan in 1987.

The week's numbers, checked

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