Warsh takes office, the FOMC changes leadership, now let's see how the interest rate path unfolds.

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CoinNetwork
CryptoWorld News reports that Wu Shuo has learned that the Federal Reserve's official announcement states that Kevin Warsh was sworn in on Friday as a member of the Federal Reserve Board of Governors and as Chairman of the Board. The Federal Open Market Committee (FOMC) also unanimously elected him as the committee chairman. Warsh was nominated by U.S. President Trump on March 4, 2026, and was confirmed by the Senate on May 12 and 13 respectively as a Federal Reserve Governor and Chairman of the Federal Reserve, with his term ending on May 21, 2030.
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