Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship
Bitcoin Magazine
The Senate confirmed Kevin Warsh to the Federal Reserve Board, positioning him for a potential appointment as the next Fed chair.Summary
The U.S. Senate has confirmed Kevin Warsh to the Federal Reserve’s Board of Governors in a 51-45 party-line vote, moving him closer to potentially succeeding Jerome Powell as chair. Warsh is notable for his public support of Bitcoin, having previously described it as an important asset and a signal of monetary credibility. His background, which includes equity stakes in crypto-related startups, has drawn significant attention from investors eager to see if his leadership might alter the central bank's stance on digital assets.
(Source：Bitcoin Magazine)