Warsh era begins. The new Fed chair is being sworn in.
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President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he’d like to see.
Ugandan President Yoweri Museveni has officially taken the oath of office during a presidential inauguration ceremony held in Kampala, marking the beginning of a new term in office.
Justice Clarence Thomas swore in Kevin Warsh as the Fed chair today, ushering in a new era for a central bank buffeted by economic cross-currents and Trump’s unpredictability. Declaration of independence: The chief political question for Warsh is how much Trump may squeeze him to lower interest rates.