Kevin Warsh is sworn in as the 17th chair of the U.S. Federal Reserve in a White House ceremony, succeeding Jerome Powell. Multiple outlets report that President Donald Trump administers the oath, ending a transition that followed Trump’s nomination of Warsh in January. During early coverage of the inauguration, Trump tells Warsh to “do your own thing,” while other reporting emphasizes the expectation that the Fed chair will maintain independence from political influence to preserve the central bank’s credibility with the public and financial markets.

As Warsh begins his first period leading the Fed, coverage highlights the immediate policy environment he faces, including elevated inflation and uncertainty about whether interest rates may need to rise. Commentators referenced in reporting also frame Warsh’s opening meetings as a test of how he balances competing economic pressures while steering the Fed’s decisions at a critical time for the U.S. economy.

Taken together, the sources describe the formal start of Warsh’s term, the role of the White House ceremony in the transition, and the near-term economic and institutional pressures confronting him as chair.