Kevin Warsh sworn in as new Fed chair beside Trump at White House ceremony
Summary
Kevin Warsh was officially sworn in as the new Chair of the Federal Reserve during a White House ceremony. President Donald Trump attended the event, and Supreme Court Justice Clarence Thomas administered the oath.Key Facts
- Kevin Warsh began his role as Federal Reserve Chair on Friday.
- The ceremony took place at the White House.
- President Donald Trump was present at the swearing-in.
- Supreme Court Justice Clarence Thomas swore in Warsh.
- Warsh was confirmed as Chair by the Senate last week.
- The Federal Reserve leads the central banking system of the U.S.
- Warsh takes office during an important economic period for the country.
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