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kspress.com: https://kspress.com/news/2026/05/22/trump-says-kevin-warsh-will-be-%E2%80%98totally-independent%E2%80%99-as-he%E2%80%99s-sworn-in-as-fed-chair

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Saturday, May 23, 2026

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Trump says Kevin Warsh will be ‘totally independent’ as he’s sworn in as Fed chair | Kansas Press Association Menu About Newsfeed Advertising Marketplace Kansas Public Notices Contests & Convention Best Of Competitions Hall of Fame Become a Member Member Portal Search form Search this site Home Newsfeed Trump says Kevin Warsh will be ‘totally independent’ as he’s sworn in as Fed chair Posted May 22, 2026 Kevin Warsh, left, takes the oath of office from U.S. Supreme Court Associate Justice Clarence Thomas, right, as Warsh's wife Jane Lauder looks on during his swearing-in ceremony to be the new chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, D.C. (Photo by Anna Moneymaker/Getty Images) WASHINGTON — Kevin Warsh assumed his new role as chair
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Trump says Kevin Warsh will be ‘totally independent’ as he’s sworn in as Fed chair | Kansas Press Association Menu About Newsfeed Advertising Marketplace Kansas Public Notices Contests & Convention Best Of Competitions Hall of Fame Become a Member Member Portal Search form Search this site Home Newsfeed Trump says Kevin Warsh will be ‘totally independent’ as he’s sworn in as Fed chair Posted May 22, 2026 Kevin Warsh, left, takes the oath of office from U.S. Supreme Court Associate Justice Clarence Thomas, right, as Warsh's wife Jane Lauder looks on during his swearing-in ceremony to be the new chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, D.C. (Photo by Anna Moneymaker/Getty Images) WASHINGTON — Kevin Warsh assumed his new role as chair of the Federal Reserve Friday after a swearing-in ceremony in the White House East Room, where U.S. Supreme Court Justice Clarence Thomas delivered the oath of office. President Donald Trump said before a crowd of high-profile former and current lawmakers and officials that he wants Warsh, of Florida, to be “totally independent.” “I want him to be independent and just do a great job. Don’t look at me, don’t look at anybody, just do your own thing and do a great job,” Trump said. Warsh vowed to be a “reform-oriented” leader in brief remarks after he was sworn in as the 17th Fed chair by Thomas. Warsh’s wife, Jane Lauder, held a Bible for him. “Our mandate at the Fed is to promote price stability and maximum employment. When we pursue those aims with wisdom and clarity, independence and resolve, inflation can be lower, growth stronger, real take-home pay higher, and America can be more prosperous, and no less important, America’s place in the world more secure,” said Warsh, who previously served as a Fed board governor during the 2008 global financial crisis. Also at the ceremony was Supreme Court Justice Brett Kavanaugh, whom Warsh worked with at the White House during President George W. Bush’s administration. Trump attacks on Powell Warsh’s swearing-in ceremony caps Trump’s long campaign of public attacks on former Fed Chair Jerome Powell, appointed by the president during his first term in 2018. Trump ramped up threats over the past year to fire and replace Powell if he did not lower interest rates. With the November midterms less than six months away, Trump is increasingly facing economic headwinds as inflation hit its highest mark last month since 2023, and the president’s approval ratings on the cost of living continue to sag. Trump’s feud with Powell reached a boiling point in January when the Department of Justice opened a criminal probe into Powell and the central bank over the multibillion-dollar cost to renovate the Fed’s Washington, D.C., headquarters. After being subpoenaed, Powell issued a rare public video statement dismissing the investigation as a maneuver to weaken the Fed’s independence. Trump’s investigation into Powell marred his nomination o
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