The White House rolled out the pomp and circumstance for Kevin Warsh on Thursday, hosting a swearing-in ceremony for the new Federal Reserve chair in the East Room. It was the first time a president held such a ceremony at the White House since Alan Greenspan’s back in 1987.
Supreme Court Justice Clarence Thomas officiated the event, and President Trump used the occasion to deliver remarks that struck an unexpectedly hands-off tone for a president who spent years publicly feuding with the Fed.
“I want Kevin to be totally independent. Don’t look at me, don’t look at anybody, just do your own thing and do a great job.”
Who is Kevin Warsh and why does it matter
Warsh, 56, is not a stranger to the Eccles Building. He served as a Fed governor from 2006 to 2011, a stretch that included the global financial crisis. He’s widely viewed as market-friendly.
