Jerome Powell’s term as Fed Chair ends on May 15, paving way for Kevin Warsh’s potential takeover.
Senator John Fetterman plans to vote in favor of Warsh, potentially making it a bipartisan crossover.
Kevin Warsh, a former Fed Governor and Trump ally, brings a distinct monetary philosophy to the role.
A major leadership shift at the Federal Reserve is underway, and it could mark one of the most constructive moments for U.S. crypto policy in years.
On April 29, the Senate Banking Committee advanced the U.S. President Donald Trump’s nominee Kevin Warsh to replace Jerome Powell as Fed Chair in a 13-11 party-line vote. This was the first fully partisan committee vote on a Fed Chair nominee in the Senate Banking’s history,…
