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The ceremony for Kevin Warsh took place at the White House, in a break with recent tradition.
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For only the 10th time in eight decades, a new Fed chair has been sworn in. Stocks are rising, as is historically typical, even if the last two swear-ins saw sharp selloffs.
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Trump Picked Warsh to Cut Rates. Markets Are Bracing for the Opposite. WSJWATCH LIVE: Kevin Warsh sworn in as chairman of the Federal Reserve PBSWarsh to Take Charge of Fed Facing Rising Inflation Threat The New York TimesLive updates: Trump to swear in Kevin Warsh as new Federal Reserve chair NBC News
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