Summary
Kevin Warsh is sworn in as the 17th Federal Reserve chair at a White House ceremony. President Trump praises Warsh's credentials and promises independence, while touting economic achievements like stock market records and manufacturing resurgence. Warsh pledges a reform-oriented Fed focused on price stability and maximum employment.
- Kevin Warsh sworn in as Fed chair by Justice Clarence Thomas.
- Trump emphasizes Fed independence and Warsh's reform agenda.
- Trump highlights record stock market levels and economic growth.
- Trump credits tariffs for bringing back manufacturing and chip production.
- Warsh calls for a return to core Fed mandate and modernized data methods.
- No specific investment trades or asset calls are made during the ceremony.