Kevin Wershe becomes chairman of the Federal Reserve after a unanimous vote by the Federal Open Market Committee

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Kevin Warsh officially took office as chairman of the Federal Reserve, where he took the oath of office and was unanimously supported by the Federal Open Market Committee.

He began working in this position while the inflation rate is still high and the Federal Open Market Committee is facing internal divisions. The Federal Reserve kept interest rates at 3.50%-3.75% in its last meeting. The White House has become more critical of central bank policy.

تَبْنِ بناء التحميل على حوامش ديقة

pass Senate vote للمستحر بـ54–45 this month, which is the narrowest of the agreement in the history of the presidents of the United States. Nominate President Donald Trump for office on March 4, 2026. He will serve as president until May, 2030. He will serve in the House of Representatives until January 2040.

Kevin Warsh is sworn in as chairman and member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee unanimously selects Warsh as its chairman: https://t.co/IwPeodDfUw

– Federal Reserve (@federalreserve) May 22, 2026

He previously served as a security guard at the Federal Reserve from 2006 to 2011. During the 2008 crisis, he helped orchestrate the sale of Stearns to Morgan Chase Brothers, and the rescue of AIG. After leaving the council, he spent several years as a researcher at the Hofer Institute at the University of Stanford University in the private financial sector.

Jerome Powell will remain in the Federal Reserve Board after stepping down from the presidency since 2018.

Policy priorities and what is expected under his leadership

He pledged to be a “completely independent” president, confirming his rejection of all reasonable claims, confirming his rejection of the term defenses, and the cost of borrowing. He supports reducing the size of the federal reserve budget and reducing the institutional mandate. interest rates.

I revealed Financial disclosures related to cryptography and artificial intelligence Regarding personal shares in the project of stable currencies Basis and the manager of the assets of the currencies. However, he argued that bitcoin (btc) is so volatile that it cannot be lost.

with The US producer price index rose to 6% in Aprilwatching the markets closely The current federal interest rate freeze. The first meeting of the Federal Open Market Committee will be the first meeting of the Federal Open Market Committee.

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