Trump wants new Fed chair to be 'totally independent'

The US president piled major pressure on Kevin Warsh's predecessor to cut interest rates.

Warsh to Be Sworn In as Fed Chief During White House Ceremony - Bloomberg.com

Warsh to Be Sworn In as Fed Chief During White House Ceremony  Bloomberg.com

Watch: Trump will swear in Kevin Warsh as Fed chair as he seeks interest rate cuts

Despite President Donald Trump's demands for lower interest rates, markets are betting the Fed will stay on hold through most, if not all, of 2026.

Warsh takes US Fed’s helm with inflation dilemma already unfolding

Kevin Warsh, whose broad criticism of current US ⁠Federal Reserve officials, playbook for rate cuts and ties to President Donald Trump elevated him past ⁠other contenders to lead the central bank, was sworn in as Fed leader on Friday at a pivotal moment for monetary policy and the American economy. Warsh, wearing a dark suit and tie and accompanied by his wife, Jane Lauder, heiress to the Estee Lauder fortune, was sworn in by Supreme Court Justice Clarence Thomas after a lengthy introduction ...

By Reuters

Warsh gets a much warmer Wall Street welcome as Fed chair than his recent predecessors

Wall Street greeted new Fed Chair Kevin Warsh with a rally, which has usually happened during leadership changes.

By Tomi Kilgore

Kevin Warsh sworn in as Fed chair. What may change at the central bank

Incoming Federal Reserve chair Kevin Warsh to be sworn in at the White House today

It is unusual for the chief of the Fed to be sworn in at the White House. The last central bank chief to do so was Alan Greenspan in 1987 under president Ronald Reagan

By AFP

Kevin Warsh controversies: Trump's Fed pick sworn in amid 'sock puppet' accusations and ethics concerns

Kevin Warsh was earlier accused  of being a “sock puppet” for Donald Trump during his Senate hearing.

US Fed chair says will be 'reform-oriented' at glitzy White House swearing-in

“Inflation can be lower, growth stronger, real take-home pay higher, and America can be more prosperous,” said US Federal Reserve Chair Kevin Warsh.

'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair

'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair Kevin Warsh, who’s promised the biggest shakeup in decades at the US central bank, is set to be sworn into office this morning at 1100ET in a White House ceremony as the 17th chair of the Federal Reserve. Warsh takes over at a tense moment for the economy and the central bank. Inflation has reaccelerated, driven by the impact of war in the Middle East on energy supplies. The Fed, meanwhile, has ...

By Tyler Durden