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The Economic Times
The Economic Times
Business

US Fed chair Kevin Warsh says will be 'reform-oriented' at glitzy White House swearing-in

Kevin Warsh United States White House Donald Trump Jerome Powell Inflation US Federal Reserve White House Kevin Hassett Economy

New US Federal Reserve chair Kevin Warsh vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be "totally independent."

Trump has exerted unprecedented pressure on the central bank to reduce interest rates, attempting to fire a Fed governor and pursuing a criminal probe against Warsh's predecessor Jerome Powell.

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