Trump Swears In Kevin Warsh As New Fed Chair; Promises ‘Reform-Oriented’ Central Bank

Key points

• Trump Swears In Kevin Warsh As New Fed Chair;
• Promises ‘Reform-Oriented’ Central Bank Published By, Last Updated: May 22, 2026, 23:15 IST Donald Trump swears in Kevin Warsh as new Federal Reserve chairman, replacing Jerome Powell, pledging reform, focus on inflation and growth, markets watch future rate moves.
• US President Donald Trump shakes hands with the new Chairman of the Federal Reserve Kevin Warsh (L) during a swearing in ceremony in the East Room of the White House in Washington.
• (Image: AFP) US President Donald Trump on Friday formally swore in Kevin Warsh as the new chairman of the Federal Reserve, replacing Jerome Powell whose term ended last week.
• The ceremony took place at the White House, with Supreme Court Justice Clarence Thomas administering the oath.