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Senate Confirms Bitcoin Friendly Kevin Warsh As Fed Chair Ahead of Clarity Act Vote

Bitcoin Magazine
The U.S. Senate has confirmed Kevin Warsh as the new Federal Reserve Chair in a 54–45 vote.

Summary

The U.S. Senate confirmed Kevin Warsh as the 11th Federal Reserve Chair in a 54–45 vote, marking a significant win for President Donald Trump. Warsh, who previously served on the Board of Governors, is noted for his background in digital assets and his view of Bitcoin as an indicator of monetary credibility. He takes office during a period of economic uncertainty, with his first FOMC meeting scheduled for June, just ahead of an upcoming congressional vote on the Clarity Act.

(Source:Bitcoin Magazine)