Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.

Trump will swear in Kevin Warsh, his hand-picked choice to lead the Federal Reserve, during a White House ceremony.

Kevin Warsh will be sworn in as the 17th Federal Reserve chair on Friday. His hawkish stance on inflation could create headwinds for crypto and risk assets.

Trump will host Kevin Warsh’s swearing-in as Federal Reserve chair as he replaces Jerome Powell during a volatile phase for the US economy.