Trump urges new Fed chair Kevin Warsh to maintain independence during swearing-in
President Trump urged new Federal Reserve chair Kevin Warsh to maintain independence during his swearing-in ceremony at the White House. Warsh, confirmed by a narrow Senate vote, replaces Jerome Powell amid rising inflation concerns. The ceremony's location marks a significant departure from tradition, emphasizing the ongoing tension between the White House and the Fed.
- ▪Kevin Warsh was sworn in as the new Federal Reserve chair at the White House, the first such ceremony since 1987.
- ▪He was confirmed by the Senate with a narrow 54-45 vote, indicating skepticism about his nomination.
- ▪April inflation reached 3.8%, the highest in three years, complicating Warsh's monetary policy decisions.
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Trump urges new Fed chair Kevin Warsh to maintain independence during swearing-in The first White House Fed swearing-in since Greenspan's era comes as inflation hits a three-year high of 3.8%. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); President Trump stood in the White House on May 22 and told his hand-picked Federal Reserve chair to ignore him.
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