Summary
Kevin Warsh is sworn in as Federal Reserve chair and delivers an address emphasizing reform, integrity, and the dual mandate. He expresses optimism about American prosperity under his leadership.
- Kevin Warsh is sworn in as Fed chairman.
- He thanks the President and others for the honor.
- Warsh pledges to lead a reform-oriented Federal Reserve.
- He references former Chair Alan Greenspan and his legacy.
- Warsh emphasizes the Fed's dual mandate of price stability and maximum employment.
- He expresses confidence in raising living standards for all Americans.
- No specific monetary policy or investment guidance is provided.