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Trump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did

Will Weissert· ·3 min read · 0 reactions · 0 comments · 34 views
Trump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did
TL;DR · WeSearch summary

President Trump welcomed Kevin Warsh as the new Federal Reserve chair, emphasizing the importance of economic independence. Trump expressed confidence in Warsh's ability to stimulate the economy while maintaining the Fed's autonomy. The ceremony, held at the White House, raised questions about the Fed's independence amid Trump's previous criticisms of former chair Jerome Powell.

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Fortune · Will Weissert
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Original publisherFortune
Canonical URLhttps://fortune.com/2026/05/23/trump-on-new-fed-chair-kevin-warsh-do-your-own-thing-but-dont-lose-your-way-like-jerome-powell-did/
Publication timeSat, 23 May 2026 14:55:24 +0000
Retrieval time2026-05-23T15:17:27.191Z
Last seen2026-05-23T15:17:27.191Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
Clusterd-NErszU8TUW · 4 stories
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

President Donald Trump on Friday oversaw the White House swearing-in of the new Federal Reserve chair and said he would like Kevin Warsh’s help in stimulating the economy even as he tried to emphasize that the nation’s central bank would remain independent.Recommended Video Trump spent months criticizing Warsh’s predecessor, Jerome Powell, for being reluctant to cut interests rates, with the Republican president arguing that lower borrowing costs would provide an economic boost. By taking the unusual step of holding the ceremony in the East Room and not the Fed, Trump made clear his pleasure that Warsh is now in charge. The war with Iran has caused gas prices to spike, unsettled financial markets and driven inflation concerns across the economy.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.

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