Watch live: Trump to swear in Warsh as Federal Reserve chair |
Watch live: Trump to swear in Warsh as Federal Reserve chair
President Trump on Friday morning will swear-in Kevin Warsh as the next chair of the Federal Reserve during a ceremony at the White House.
The Senate confirmed Warsh to replace outgoing chair Jerome Powell to lead the nation’s central bank in a 54-45 vote earlier this month. He will now take on the tricky job of leading the Fed, where opinions among its board of governors are divided over cutting interest rates amid a volatile job market and as inflation rises.
Powell, who often........