CBS News
US · 10 mins ago
✦ 78◉ Centre
Kevin Warsh sworn in as new Fed chair, replacing Powell
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Quality 78/100
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◉ Centre ✓ Fair headline
Kevin Warsh has been sworn in as the new chair of the Federal Reserve, replacing Jerome Powell, and has pledged to maintain the Fed's independence by refusing to allow political pressure to influence monetary policy decisions.
Kevin Warsh sworn in as new Fed chair, replacing Powell
Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.
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