Kevin Warsh took oath as US Federal Reserve chair on Friday, at a pivotal moment for monetary policy and the American economy. During his swearing-in ceremony, he said he will pursue a “reform-oriented” agenda under his leadership.
"To fulfill this mission, I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes, both escaping static frameworks and models, and upholding clear standards of integrity and performance," he said, minutes after being sworn in.