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.

Kevin Warsh, a former Fed governor with Solana and Polymarket investments, will be sworn in as Federal Reserve Chair on May 22 after a 54-45 Senate vote.

Rate hikes now loom as a possibility for Warsh's Fed, a sharp turn from the rate-cut environment that defined Trump's search for a new chair

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.

Kevin Warsh has taken the oath as the new US Federal Reserve chair. President Donald Trump stated his desire for Warsh to be fully independent. Trump urged the new chair to focus…