The coming ceremony underscores how the president has taken close interest in Warsh’s appointment.
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.
The ceremony for Kevin Warsh took place at the White House, in a break with recent tradition.
The new head of the Fed has a virtually impossible task of appeasing the president and Wall Street concerning interest rates.
Now-former Fed Chair Jerome Powell's second term ended on May 15. Following the swearing-in ceremony of President Donald Trump's handpicked successor, Kevin Warsh, on May 22, the ball is officially in ...