2026-05-23
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Kevin Warsh is sworn in as the new chair of the Federal Reserve.
Plus, U.S. intelligence warns that Russia and China are using Cuba to increase their spying on the U.S.
There's no question that the cooperation between the Cubans, the Chinese,
and Russians would be part of the explanation of the American people for why they continue to be tough on Cuba.
And Tulsi Gabbard becomes the latest Trump administration official to leave her post.
It's Friday, May 22nd.
I'm Alex Ossola for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
Warsh was sworn in today as the new chair of the Federal Reserve.
The ceremony was at the White House, making Warsh the first Fed chair to take the oath there in decades.
The last one was Alan Greenspan in 1987. Supreme Court Justice Clarence Thomas administered the oath.
That I will well and faithfully discharge.
And that I will well and faithfully discharge.
The duties of the office on which I'm about to enter.
The duties of the office upon which I'm about to enter.
So help me God.