politics
Kevin Warsh sworn in as new Fed chair beside Trump at White House ceremony
Key takeaways
- Supreme Court Justice Clarence Thomas swore Warsh in during the Friday ceremony at the White House.
- Warsh, 56, returns to the Fed board after serving as a member from 2006 to 2011.
- A graduate of Stanford University and Harvard Law School, Warsh also worked at Morgan Stanley and served in various academic and advisory roles outside of his government service.
Why this matters: political developments that affect policy direction and public trust.
Supreme Court Justice Clarence Thomas swore Warsh in during the Friday ceremony at the White House. Warsh was confirmed last week by the Senate for a four-year term as Fed chair, largely along party lines.
Warsh, 56, returns to the Fed board after serving as a member from 2006 to 2011. He was nominated to the Fed by former President George W. Bush, whom he served as a White House economic adviser before becoming the youngest Fed board member in history.
A graduate of Stanford University and Harvard Law School, Warsh also worked at Morgan Stanley and served in various academic and advisory roles outside of his government service.
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