WASHINGTON, May 18 (Reuters) - U.S. President Donald Trump on Friday will swear in Kevin Warsh as the next chairman of the U.S. Federal Reserve, a White House official said on Monday.

The U.S. Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old lawyer and financier at the helm as the U.S. central bank grapples with intensifying inflation that may make it hard to push through the interest-rate cuts that President Donald Trump has demanded.

Warsh, Trump's pick for Fed chair, presumably brings a fresh start in relations between the Oval Office and the central bank after eight years of friction with the White House, a global pandemic, and the fight with high inflation.

Warsh will take the leadership baton from Fed Chair Jerome Powell.

Fox Business first reported the timing for the swearing-in ceremony, which will take place at the White House.