00:00Newly sworn in U.S. Federal Reserve Chair Kevin Warsh has vowed to bring change in his capacity as head
00:06of the U.S.'s Central Bank.
00:08I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes both,
00:15escaping static frameworks and models, and upholding clear standards of integrity and performance.
00:25Warsh, a financier and attorney by trade, had been nominated by President Donald Trump to succeed Jerome Powell as Fed
00:32Chair.
00:32He had previously served on the Fed's Board of Governors in the late 2000s.
00:37Warsh's nomination comes after Trump and Powell clashed on interest rates, with Trump wanting them cut.
00:43Warsh's confirmation vote was the narrowest for Fed Chair in U.S. history.
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