Kevin Warsh sworn in as Federal Reserve chair; ‘I want him to be totally independent,’ Trump says
Kevin Warsh has been sworn in as the new chairman of the Federal Reserve, succeeding Jerome Powell. President Trump emphasized Warsh's independence during the swearing-in ceremony, despite ongoing inflation concerns. Warsh faces immediate challenges regarding interest rates and inflation as he takes over leadership of the central bank.
- ▪Kevin Warsh was sworn in as the Federal Reserve chair on May 22, 2026.
- ▪President Trump stated he wants Warsh to be totally independent in his role.
- ▪Warsh inherits a challenging economic environment with inflation above the Fed's target.
Opening excerpt (first ~120 words) tap to expand
Business Kevin Warsh sworn in as Federal Reserve chair; ‘I want him to be totally independent,’ Trump says By Ariel Zilber Published May 22, 2026, 1:28 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Kevin Warsh was sworn in Friday as the new chairman of the Federal Reserve, taking over leadership of the world’s most powerful central bank at a moment of rising inflation fears, market jitters and ongoing concerns about the entity’s independence. President Donald Trump said at a White House ceremony Warsh would be “totally independent” “I want Kevin to be totally independent,” he said.
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