Kevin Warsh is set to become the first Federal Reserve chair in nearly 40 years to be sworn in at the White House.
President Donald Trump will host a swearing-in ceremony for the incoming Fed chair on Friday, according to a White House official.
The event marks a departure from tradition, as recent Fed chairs have typically taken their oath at the central bank’s headquarters in Washington, D.C.
Warsh will be sworn in by a yet-to-be-announced official, bringing the ceremony directly into the political spotlight.
The decision underscores the close ties between the Trump administration and the incoming Fed leader.
Warsh, a former Fed governor, has been a vocal supporter of the president’s economic policies.
His appointment is expected to signal a shift in the central bank’s approach to monetary policy and regulation.
The ceremony is scheduled to take place at the White House, with details still being finalized by staff.
This move highlights the administration’s desire to project influence over the Fed’s direction.
