FEDERAL RESERVE TRUMP RATE HIKES

May 22 2026POLITICS

Trump Picks New Fed Chair to Cool Inflation

President Donald Trump will officially install Kevin Warsh as the next chair of the Federal Reserve on Friday at the White House. Warsh, who is 56 years old, was approved by Congress in a vote that almost split along party lines on May 13. He will replace Jerome Powell, who will stay on the bo

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