President Trump swears in Kevin Warsh as the new Federal Reserve chair — 5/22/2026

Summary

President Donald Trump swears in Kevin Warsh as the new Federal Reserve chair in a ceremony at the White House. Trump praises Warsh's credentials and independence, and highlights economic achievements including stock market records, manufacturing reshoring, and massive investment inflows. Warsh accepts the role, vowing to lead a reform-oriented Fed focused on price stability and maximum employment.

• President Trump swears in Kevin Warsh as Fed chair.
• Trump emphasizes Warsh's independence and qualifications.
• Trump cites stock market records and economic growth.
• Trump highlights $18 trillion in US investment over 11 months.
• Warsh pledges to return Fed to core mandate of price stability and employment.
• Ceremony includes remarks from Trump and Warsh, oath by Justice Clarence Thomas.