Kevin Warsh takes oath as new Federal Reserve chair, replacing Powell; vows to lead a ‘reform-oriented’ central bank

May 22, 2026 - 09:45
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Kevin Warsh takes oath as new Federal Reserve chair, replacing Powell; vows to lead a ‘reform-oriented’ central bank
Kevin Warsh officially took the oath as the new chair of the Federal Reserve on Friday (local time) during a White House ceremony, succeeding Jerome Powell as head of the US central bank.

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