Politics

Trump Swears in New Federal Reserve Chair

Updated 2026-05-23 22:05 UTC 1 source Neutral

President Trump swore in Kevin Warsh as the new chair of the Federal Reserve during a White House ceremony. The confirmation vote was close, with a 54-45 margin. Senator Thom Tillis criticized the administration's $1.776 billion 'anti-weaponization' fund, calling it 'beyond the pale.'

Coverage timeline — 2 articles
The Hill
GOP Sen. Thom Tillis (N.C.) on Thursday slammed the Trump administration’s announcement of a $1.776 billion “anti-weaponization” fund, joining other Republican senators in criticizing it both privately and publicly.  The GOP senator called on his Republican colleagues to “speak up” to oppose this mo
2026-05-22 13:57 UTC
The Hill
President Trump on Friday morning will swear-in Kevin Warsh as the next chair of the Federal Reserve during a ceremony at the White House. The Senate confirmed Warsh to replace outgoing chair Jerome Powell to lead the nation's central bank in a 54-45 vote earlier this month. He will now take on the
2026-05-22 13:59 UTC
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