Svmuureports that, according to the Wall Street Journal, White House officials revealed that Trump will preside over the swearing-in ceremony for incoming Federal Reserve Chairman Kevin Warsh at the White House on Friday. This ceremony highlights the high importance Trump places on this appointment. Powell, whom Trump nominated to lead the Fed during his first term in 2018, took his oath of office at the Federal Reserve, with Trump not in attendance. The last Fed chairman sworn in at the White House was Alan Greenspan, who took office in 1987. Subsequent ceremonies have all been held at the Federal Reserve. The last president to attend such a ceremony was George W. Bush, who was present at Ben Bernanke’s swearing-in in 2006. Later that same year, Warsh was sworn in as a Federal Reserve Governor by Vice President Dick Cheney at the Eisenhower Executive Office Building. This Friday’s swearing-in ceremony will mark the end of an unusually lengthy transition for the top leadership of the Federal Reserve. (Jinshi)