Warsh is replacing Jerome Powell as head of the central bank after the Senate confirmed the Trump appointee in a 54-45 vote last week.

Incoming Federal Reserve chair Kevin Warsh will be sworn in at the White House on Friday, taking the reins of the US central bank as it faces unprecedented pressure from President…

Get live updates and the latest news as Trump swears in Kevin Warsh as the new Federal Reserve chairman and campaigns for Rep. Mike Lawler in New York.

United States · Monetary Policy · Latin America Key Facts —Ceremony: President Donald Trump will personally administer the oath of office to Kevin War

Warsh is replacing Jerome Powell as head of the central bank after the Senate confirmed the Trump appointee in a 54-45 vote last week.

The Senate confirmed Warsh last week in a largely party-line vote. A former top Fed official, Warsh will become chair at an unusually difficult time for the independent agency.

Despite President Donald Trump's demands for lower interest rates, markets are betting the Fed will stay on hold through most, if not all, of 2026.

President Donald Trump has overseen the White House swearing-in of the new Federal Reserve chair. Trump said Friday that he'd like Kevin Warsh’s help in stimulating the economy…

Warsh will lead the central bank at a time when its independence has come under scrutiny amid political pressure.

Inflation is rising and there is a consensus forming among economists that interest rates should not come down in the near future.

Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.

Former Wall Street banker takes over amid growing concern over cost of living and disapproval of Trump’s agenda

President Donald Trump has overseen the White House swearing-in of the new Federal Reserve chair. Trump said Friday that he'd like Kevin Warsh’s help in stimulating the economy…

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestylePresident Donald Trump on Friday oversaw the…

President Trump swore in Kevin Warsh on Friday as the Fed’s 17th Chair, succeeding Jerome Powell. During the ceremony, Trump emphasized that War...

Kevin Warsh was sworn in as Federal Reserve chair at a White House ceremony, with Trump urging independence. He inherits 3.8% inflation and tough rate decisions.

Kevin Warsh was sworn in as Fed chair on May 22, 2026, after a 54-45 Senate confirmation. Trump says Warsh will restore confidence and keep the Fed independent.

Kevin Warsh has officially assumed the role of US Federal Reserve chair, with President Trump emphasizing his independence and urging a focus on economic growth.