Kevin Warsh Sworn In As Trump's Fed Chair

Warsh was sworn in as Federal Reserve chair, beginning a four-year term and replacing Powell, whose term ended earlier this month. He was also confirmed last week to a 14-year Fed governor term. The leadership change is a market-wide Fed event with potential implications for monetary policy and rates.

Analysis

Warsh was sworn in as Federal Reserve chair, beginning a four-year term and replacing Powell, whose term ended earlier this month. He was also confirmed last week to a 14-year Fed governor term. The leadership change is a market-wide Fed event with potential implications for monetary policy and rates.