WASHINGTON, DC - MAY 22: Chairman of the Federal Reserve Kevin Warsh (L) embraces his wife Jane Lauder as U.S. Supreme Court Associate Justice Clarence Thomas (R) looks on after being sworn as the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC. Warsh succeeds Jerome Powell, who served as Chair for eight years. (Photo by Roberto Schmidt/Getty Images)