Kevin Warsh Sworn In as 17th Federal Reserve Chair

Kevin Warsh was sworn in as the 17th chair of the Fed, signaling the biggest shakeup in decades at the US central bank. The appointment comes at a tense moment for the economy and monetary policy, with potential implications for interest-rate settings and Fed governance. Supreme Court Justice Clarence Thomas administered the oath at the White House.

Analysis

Kevin Warsh was sworn in as the 17th chair of the Fed, signaling the biggest shakeup in decades at the US central bank. The appointment comes at a tense moment for the economy and monetary policy, with potential implications for interest-rate settings and Fed governance. Supreme Court Justice Clarence Thomas administered the oath at the White House.