Trump Welcomes New Fed Chair Warsh During White

There was a momentous event at the People’s House on Friday.

Supreme Court Justice Clarence Thomas did the honors of swearing in the new Federal Reserve Chair Ken Warsh, during a ceremony on Friday morning that also included the attendance of Trump administration member, Federal Housing Finance Agency Director Bill Pulte, and President Donald Trump, at the White House.

Kevin Warsh is formally sworn in as the seventeenth Chairman of the Board of Governors of the Federal Reserve System pic.twitter.com/03LqMFNpvi

— Rapid Response 47 (@RapidResponse47) May 22, 2026

The president welcomed friends to the White House as he opened his remarks, and he set the bar high, predicting Warsh “will go down” in historical past as a great Federal Reserve chairman:

.@POTUS: “Today, I’m thrilled to welcome you to the White House… for the swearing-in of our new Chairman of the Federal Reserve Board of Governors, Kevin Warsh.

I expect he will go down as one of the truly great chairmen of the Federal Reserve that we’ve ever had.” pic.twitter.com/dVgzd0vrNX

— Rapid Response 47 (@RapidResponse47) May 22, 2026

Pres. Trump continued by sharing some particulars on Warsh’s background, that he had studied under financial giant Milton Friedman, and there also was a lighthearted quip about the latter’s familiarity with the WH as a senior advisor:

“No one in America is better prepared to lead the Federal Reserve than Kevin Warsh.”@POTUS highlights the unimaginable expertise of Kevin Warsh prior to his swearing-in as Chairman of the Federal Reserve Board of Governors. https://t.co/jUukfzxLY0 pic.twitter.com/l7mJ7SSJQ0

— Rapid Response 47 (@RapidResponse47) May 22, 2026

“He knows the White House very well, the president said. “He’s strolling through the White House, and he is pointing [out] issues to me that even I did not know.” But there was a severe second, as Trump famous Warsh had spent 15 years as a Fed governor, starting at age 35.

As we beforehand wrote, on May 13 got here the news Pres. Trump had hoped for, the announcement of Warsh’s affirmation by Senate, with Fed Chair Jerome Powell heading out the door later that same week. Readers would possibly recall some of the verbal tiffs between Trump and Powell on the rate of interest and the president’s tariffs insurance policies, and that until a few months in the past, the Fed chairman was under investigation by the Justice Department over the pricey renovations to the central bank’s headquarters.

Read More: It’s Official: We Have a New Fed Chair As Jerome Powell’s Long Farewell Finally Comes to an End

Federal Prosecutors Launch Criminal Investigation Into Fed Chair Jerome Powell

In his remarks Friday, Trump received in a last dig at the outgoing Powell’s tenure, and the Biden administration’s blowing up the U.S. financial system with hovering inflation charges:

“Unfortunately, in the eyes of many, the Fed lost its way in recent years,” says @POTUS at the swearing-in ceremony of Kevin Warsh.

“Kevin will restore confidence in the Fed… and among American all across the political spectrum.” pic.twitter.com/XwrxU6zlSN

— Rapid Response 47 (@RapidResponse47) May 22, 2026

Read More: ‘Too Late Powell’ Leaves Rates Unchanged Again As Trump’s Pick for Successor Passes Crucial Senate Test

Trump’s Fed Chair Pick Has Fun at Elizabeth Warren’s Expense at Confirmation Hearing

“Kevin will restore confidence in the Fed, which is so important, among Americans all across the political spectrum,” Trump added, saying that “people from all over the world…will be looking to [Warsh], probably and possibly more than anyone who has ever had your esteemed position.”

Trump acknowledged with care in how he spoke that Warsh shall be unbiased in his new position at the Federal Reserve: 

.@POTUS on incoming Fed Chair Kevin Warsh: “I want Kevin to be totally independent. I want him to be independent and just do a great job. Don’t look at me; don’t look at anybody. Just do your own thing — and do a great job.” pic.twitter.com/v4GVXrmIO3

— Rapid Response 47 (@RapidResponse47) May 22, 2026

Next, it was Warsh’s flip to communicate. During his remarks, as Playbook famous, Warsh confirmed he plans on putting out on his own, as he ought to, name-checking somebody who was seen as headstrong in the position – Alan Greenspan, who served 5 phrases under 4 presidents beginning in 1987 –  in his remarks:

There’s a new sheriff in city, Warsh made clear, auguring a “reform-oriented Federal Reserve.” Citing Alan Greenspan as a model, Warsh said the bank would deal with inflation and employment “with wisdom and clarity, independence” — there’s that phrase again — “and resolve.”

Warsh also said his obligation was to encompass his workplace with “the best people can do their life’s best work,” and focusing on “the national interest,” with a objective of “excellence” every day:

🚨 Fed Chair Kevin Warsh just delivered remarks full of HUMILITY at his swearing-in

HUGE step up from that egotistical ass Jerome Powell

“These duties are now mine, Mr. President, because of the TRUST you have placed in me. I accept them with gratitude and will strive every day… pic.twitter.com/Sf48GoqKy0

— Nick Sortor (@nicksortor) May 22, 2026

The new Fed chair acknowledged the “special moment” of the event, but said “after we leave this stage, the real work begins. So let’s begin that work. It’s an honor. Thank you, Mr. President,” closing his speech then shaking Trump’s hand.

You can watch Warsh’s full remarks after getting sworn-in below:

Kevin Warsh delivers remarks upon swearing in as Chairman of the Federal Reserve Board of Governors:

“While I’m not naive about the challenges we face, I believe… these years can bring unmatched prosperity that will raise living standards for Americans from all walks of life.” pic.twitter.com/DQzQc0ERDQ

— Rapid Response 47 (@RapidResponse47) May 22, 2026

Editor’s Note: Do you get pleasure from RedState’s conservative reporting that takes on the novel left and woke media? Support our work so that we are able to continue to deliver you the reality.

Join RedState VIP and use promo code FIGHT to obtain 60% off your membership.