Trump Nominates Kevin Warsh as Fed Chair

Donald Trump has officially nominated Kevin Warsh as the next Chairman of the Federal Reserve.
Warsh is known as a crypto-skeptic: he has repeatedly criticized Bitcoin and digital assets, warning about financial stability risks and the lack of clear regulation. He supports tighter monetary discipline and is not considered friendly to the crypto industry.
If confirmed by the Senate, Warsh is expected to officially take over as Fed Chair in 2026, marking a potentially tougher stance on both monetary policy and crypto markets.