Trump Nominates Crypto-Friendly Kevin Warsh as Fed Chair, Signaling Potential Policy Shift
President Donald TRUMP has nominated former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as Chair of the U.S. Central Bank. The announcement, made via Trump's Truth Social platform on January 30, 2026, praises Warsh as "one of the GREAT Fed chairmen" and highlights his experience during the 2008 financial crisis.
Warsh's nomination carries particular significance for cryptocurrency markets, given his history of crypto-friendly rhetoric. At 55, he WOULD bring a combination of youth and crisis-tested expertise to the role. His confirmation battle in the Senate is expected to focus heavily on monetary policy direction and his past critiques of Fed operations.
The crypto industry watches closely as Warsh's potential leadership could redefine U.S. monetary policy at a critical juncture. His academic work at Stanford and Hoover Institution suggests a thoughtful approach to emerging financial technologies.
