US Federal Reserve appoints new chair

US Federal Reserve appoints Kevin Warsh as new chair. President Trump said he wanted Mr Warsh to be "totally independent". We examine what the appointment means for US interest rates. Presenter Vishala Sri-Pathma speaks to a Cuban economist after tensions rise between Cuba and the United States. And we are in Cannes to hear how AI is affecting the film industry.

(PHOTO CREDIT :U.S. President Donald Trump delivers remarks during the swearing-in ceremony for incoming Federal Reserve Chair Kevin Warsh in the East Room of the White House in Washington, D.C., U.S., May 22, 2026. REUTERS/Jonathan Ernst)