White House submits nomination of Kevin Warsh for Fed chair to Senate

The White House has formally submitted the nomination of Kevin Warsh, an economist and former Federal Reserve governor, to the Senate for confirmation as the central bank's chair. President Donald Trump had previously announced Warsh as his selection in January. If confirmed, Warsh would be responsible for directing monetary policy, managing financial stability, influencing interest rates and inflation, and representing the US globally. The nomination now moves to Senate confirmation hearings. Notably, some observers, like Strategy Executive Chairman Michael Saylor, suggest Warsh might hold a pro-Bitcoin perspective, having previously called Bitcoin an informative tool for economic policy, though he favors regulated infrastructure and careful use of private stablecoins within the US regulatory framework.

(Source：Crypto Briefing)