Watch live: Trump to swear in Warsh as Federal Reserve chair
Summary
President Donald Trump will officially swear in Kevin Warsh as the new chair of the Federal Reserve in a White House ceremony. Warsh was confirmed by the Senate with a 54-45 vote to replace Jerome Powell.Key Facts
- President Trump will hold a ceremony to swear in Kevin Warsh as Federal Reserve chair.
- The event will take place at the White House.
- Kevin Warsh was confirmed by the Senate earlier this month.
- The confirmation vote was 54 in favor and 45 against.
- Warsh will replace Jerome Powell as the leader of the Federal Reserve.
- The Federal Reserve is the nation’s central bank, responsible for monetary policy.
- This role involves managing the country’s money supply and interest rates.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.