Kevin Warsh sworn in as Fed chair as Trump faces backlash over economy
May 22, 2026
Former Wall Street banker takes over amid growing concern over cost of living – and disapproval of Trump’s agendaUS politics live – latest updatesKevin Warsh has been sworn in as chair of the US Federal Reserve, tasked with steering the world’s largest economy as the Trump administration fac
es mounting pressure over Americans’ financial wellbeing.Warsh, handpicked by Donald Trump, takes charge of the powerful central bank as it comes under extraordinary pressure from the US president to cut interest rates, even as prices climb. Continue reading... ...read more read less