WRONG WRONG WRONG Warsh's swearing in Ceremony is not a signal of fealty to Trump
Opinionism infects journalism again...
There is some bad reporting going around trying to argue that the Warsh ceremony is scheduled to occur at the White House and that it represents a ‘break with tradition’ and suggests Warsh is choosing to bend the knee to Trump symbolically by taking the oath at the White House instead of at the Fed.
A Washington Post article described this as ‘breaking with tradition.’ Let’s look at that…
That is an interesting choice of words.
Five of these eight were sworn in at the Fed building. Burns, Miller, and Greenspan were sworn in at the White House. The tradition, if there is such a thing, is for Bernanke, Yellen, and Powell (three in a row). Breaking that string of three does not strike me as a statement of any sort.
Moreover, it is clear that this is not the nominee’s decision. It is the decision of the president who made the nomination.
Bernanke, Yellen, and Powell were sworn in by a member of the FOMC. Earlier, chairs were sworn in by the president himself or a Supreme Court justice. This is hardly a process that has been set in stone and is now being ‘violated.’
Washington Post Article
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