LIVE: Trump participates in Kevin Warsh’s swearing-in ceremony — Friday 22 May 2026President Donald Trump presided over the swearing-in ceremony for Kevin Warsh as the new chairman of the Federal Reserve in a live event held at the White House. The ceremony highlighted the administration's direct role in shaping the leadership of the nation's central bank, which oversees interest rates and monetary policy affecting millions of American families, businesses, and financial markets from Wall Street to Main Street. Warsh, who previously served as a Federal Reserve governor, assumes the post amid ongoing economic pressures including persistent inflation and uncertainties from international trade policies. His background in investment banking and focus on market-driven solutions could steer the Fed toward approaches that prioritize lower regulatory burdens, potentially influencing everything from mortgage rates for U.S. homeowners to borrowing costs for small businesses nationwide. The move reflects broader efforts to align federal institutions with current administration priorities on economic growth and deregulation. As markets react in real time, analysts in Washington and across financial hubs like New York are watching closely for signals on how the new leadership might address domestic challenges such as employment trends and consumer spending in the months ahead.Watch the full video from Associated Press below.