[72007] Kevin Warsh sworn in as Federal Reserve Chairman at White House ceremony

Kevin Warsh sworn in as Fed Chair in historic White House ceremony

The American economy is entering a new era with the inauguration of Kevin Warsh, who was officially sworn in as Chairman of the Federal Reserve (Fed) after being appointed to the position by U.S. President Donald Trump. According to reports in Sputnik Türkiye, which is associated with pro-Russian positions and is sometimes critical of the U.S. administration, the ceremony took place at the White House, a move that set a historic precedent after 39 years.

The report notes that this is a departure from standard practice, as according to Sputnik Türkiye, "the last time a Fed chair was sworn in at the White House was in 1987, when Alan Greenspan did so." The channel emphasizes the importance of the ceremony and its symbolism in the Trump administration.

This news was also confirmed on the Sondakika Haber Gündem channel; the report states that Warsh entered his role immediately after his inauguration. Warsh's entry into the role is considered a key event in President Trump's economic policy, and the markets are closely monitoring the first steps he will take in his term.