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Crypto-friendly Kevin Warsh advances toward Fed chair as Senate panel approves nomination

Crypto Briefing
Kevin Warsh's nomination for Fed chair advanced after a narrow Senate Banking Committee approval.

Summary

Kevin Warsh has moved closer to becoming the Federal Reserve chair after the Senate Banking Committee approved his nomination with a close 13-11 vote. The full Senate is anticipated to consider the nomination soon, as the deadline to appoint a new Fed chair before Jerome Powell's term ends in mid-May approaches. This is a developing story.

(Source:Crypto Briefing)