Kevin Warsh sworn in as new federal reserve chair amid political pressure

By Al Jazeera English

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Kevin Warsh has officially been sworn in as the 17th chair of the US federal reserve, taking over from Jerome Powell in a politically sensitive transition. US president Donald Trump, who previously criticised Powell over interest rates, presided over the ceremony and stressed that Warsh should operate independently of political influence. The move comes as questions continue over the independence of the federal reserve and rising economic pressure linked to inflation and global energy costs. Al Jazeera’s White House correspondent Kimberly Halkett reports. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile

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