US President Donald Trump joined by the new Chairman of the Federal Reserve Kevin Warsh (L), arrives in the East Room of the White House during a swearing in ceremony in Washington, DC on May 22, 2026. The US Senate confirmed Kevin Warsh as the new Federal Reserve Chairman on May 13 to lead a central bank whose independence is under attack and with inflation at a three-year high. (Photo by Aaron Schwartz / AFP via Getty Images)