Kevin Warsh sworn in as Federal Reserve chair
Kevin Warsh was sworn in as the new chair of the Federal Reserve during a ceremony at the White House. The event was attended by President Trump and officiated by Supreme Court Justice Clarence Thomas. (sources: thehill, aljazeera, nbcnews, marketwatch, pbs)
Kevin Warsh officially took office as the chair of the Federal Reserve, succeeding the previous chair. His leadership comes at a time of heightened scrutiny regarding the central bank's independence.
- Warsh was sworn in by Supreme Court Justice Clarence Thomas.
- Trump emphasized the importance of Warsh's independence in his new role.
- Warsh's term begins amid ongoing discussions about interest rate policies.
Why it matters
Warsh's leadership will influence monetary policy decisions during a critical period for the U.S. economy.
↓ Why this is on ModernAction
4 bills on this issue are moving right now — and the most active one is Fed Integrity and Independence Act of 2025.
S2817 · 119th Congress
Fed Integrity and Independence Act of 2025
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About this bill
What S2817 actually does
This story is about Kevin Warsh sworn in as new Fed chair beside Trump at White House ceremony. This bill would bar Federal Reserve Board members from simultaneously holding other President-appointed positions.
If passed, it would:
- Bar Federal Reserve Board members from simultaneously holding other President-appointed positions (including on leave • Aim to reduce perceived conflicts/undue influence over monetary policy decisionmakers.
3 other bills moving on this issue
Take action on any of them individually.
This story is about Kevin Warsh sworn in as new Fed chair beside Trump at White House ceremony. This bill would A new Fed chair would shape (or be asked to shape) U.S. policy on a potential central bank digital currency and direct-to-consumer Fed accou.
If passed, it would
- Prohibit Federal Reserve banks from offering certain products/services directly to individuals and restrict • Limit use of a CBDC for monetary policy (per the bill’s official title.
This story is about Kevin Warsh sworn in as new Fed chair beside Trump at White House ceremony. This bill would A new Fed chair will operate within Congress’s statutory mandate; this bill would narrow that mandate by removing the “maximum employment” f.
If passed, it would
- Remove the Fed/FOMC’s statutory requirement to focus on “maximum employment,” leaving “stable prices • Shift how Congress expects the Fed to balance inflation vs. labor-market outcomes.
This story is about Kevin Warsh sworn in as new Fed chair beside Trump at White House ceremony. This bill would chair: Require the Comptroller General to complete an audit of the Fed Board and Reserve Banks within 12 months.
If passed, it would
- Require the Comptroller General to complete an audit of the Fed Board and Reserve Banks within 12 months • Require an audit report to Congress and remove certain statutory audit limitations.
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