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Bloomberg News Now: Markets Slide, Gas Prices Surge, Warsh Grilled on Fed Independence
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April 21, 2026
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5:27Now PlayingKevin Warsh faced sharp questioning on Capitol Hill as senators pressed him on whether he would maintain the Federal Reserve’s independence. The U.S. is watching closely as Iran ceasefire talks hang in the balance, with Vice President J.D. Vance delaying a planned trip to Pakistan. President Trump signaled potential federal support for Spirit Aviation, sending shares soaring. Gas prices and oil benchmarks continue to climb as the Iran conflict drives market volatility. Plus, UnitedHealth posts a blowout quarter, Starbucks announces a Nashville headquarters move, and Virginia voters weigh a major redistricting referendum.
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