‘Be Totally Independent’: Trump Swears in His Fed Chair Pick
President Donald Trump swore in Kevin Warsh as the new chair of the Federal Reserve, emphasizing the importance of independence in the role. Trump criticized the previous chair, Jerome Powell, for not cutting interest rates and expressed confidence that Warsh would restore respect to the Fed. Warsh committed to leading a reform-oriented Federal Reserve focused on economic growth and stability.
- ▪Trump emphasized that he wants Warsh to be totally independent in his role as Fed chair.
- ▪Warsh aims to modernize data collection methods and reform the Fed's practices.
- ▪Trump criticized Powell for failing to cut interest rates and for the Fed's distraction from its core mission.
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Home – Donald Trump News – ‘Be Totally Independent’: Trump Swears in His Fed Chair Pick news ‘Be Totally Independent’: Trump Swears in His Fed Chair Pick Elizabeth Troutman Mitchell • May 22, 2026 Print Kevin Warsh and Donald Trump. (Anna Moneymaker/Getty Images) (function(){var t=document.querySelector(".wp-block-kadence-dynamichtml"),s=document.currentScript.previousElementSibling;if(t&&s){if("prepend"==="before_element")t.parentNode.insertBefore(s,t);else if("prepend"==="after_element")t.parentNode.insertBefore(s,t.nextSibling);else if("prepend"==="prepend"||"prepend"==="inside_first_child")t.insertBefore(s,t.firstChild);else t.appendChild(s);}})(); President Donald Trump swore in his pick to chair the Federal Reserve, Kevin Warsh, on Friday, saying he wants him to be independent in…
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