PANews reported on May 22 that US President Trump and Federal Reserve Chair nominee Warsh entered the meeting room. President Trump stated that he expects Warsh to be a great Federal Reserve Chair, and that no one is better suited to lead the Fed than Warsh. He said Warsh has high respect for the Fed, which is the pillar of the global financial system. Warsh will lead the Fed starting today, and he hopes Warsh will perform his job independently and excellently. Warsh spoke about the necessity of restoring the Fed's credibility, stating that he will restore market confidence in the Fed. He said the world is watching Warsh, and the Fed will make independent decisions. Warsh will maintain the integrity of the Fed and hopes to curb inflation. He emphasized that economic growth does not necessarily mean inflation.
He also praised Justices Thomas and Kavanaugh.




