off-the-wire

Warsh elected chair of U.S. Fed's rate-setting committee

Kitco Media
By Reuters
Published:
Updated:
Reuters
Warsh elected chair of U.S. Fed's rate-setting committee teaser image

May 22 (Reuters) - The U.S. Federal ​Reserve on Friday ‌said Kevin Warsh had ​taken the ​oath of office as ⁠chairman ​and member of ​the Board of Governors, and that ​its ​interest-rate-setting Federal Open Market ‌Committee ⁠had unanimously selected him as its ​chairman.

Warsh ​earlier ⁠on Friday was sworn ​into office ​at ⁠the White House by ⁠President ​Donald Trump.

Reporting ​by Ann Saphir; Editing ​by Dan Burns

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