The Senate confirmed Warsh as head of the Federal Reserve with 54 votes for and 45 against.



Powell will step down this Friday but stay on the board until 2028.

Warsh served on the Fed under Bush and Obama, worked at Morgan Stanley, and called BTC important for regulatory policy.

$BTC
BTC2.44%
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BridgeSideEyes
· 59m ago
54:45 This vote count is not considered a landslide victory, and there are quite substantial disagreements within the party. On Friday, Powell hands over the baton—let’s see how Warsh can put the phrase “BTC is important” into policy.
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FoldedPrivateKey
· 1h ago
Warsh takes the stage, BTC enters the regulatory agenda, this signal is a bit interesting
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HotAirBalloonViewing
· 1h ago
Veteran investment bank background + cross-party Fed experience, the new chair's stance on crypto is much more nuanced than during Powell's era, and the market needs to reprice accordingly.
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