Senate Confirms Kevin Warsh as Fed Governor, with Chair Vote Expected
Cointelegraph
The US Senate confirmed Kevin Warsh as a Federal Reserve governor, clearing the way for a vote on his appointment as Fed chair.Summary
The US Senate voted 51–45 to confirm Kevin Warsh as a Federal Reserve governor, a position he previously held between 2006 and 2011. Following this approval, the Senate moved toward a confirmation vote for Warsh to succeed Jerome Powell as chair of the central bank. While Warsh has previously expressed interest in Bitcoin as a transformative technology, his nomination has faced scrutiny from Democrats regarding his potential independence from the White House. This leadership transition occurs alongside upcoming legislative discussions regarding the Digital Asset Market Clarity Act (CLARITY).
(Source：Cointelegraph)