Trump Sends Kevin Warsh, a Pro-Bitcoin Pick, to Senate for Fed Chair

The White House has sent Kevin Warsh’s nomination to the Senate to be chair of the Board of Governors of the Federal Reserve for a four-year term and as a Fed governor for 14 years. The president had announced Warsh as his pick on social media. Jerome Powell’s term as chair ends on May 15, while his term as a Fed governor ends on Jan.

31, 2028; although Trump has previously signaled threats to fire the Fed chair, Powell is expected to finish his term. Warsh served as a Fed governor under Presidents George W. Bush and Barack Obama from 2006 to 2011 and later became a Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institution.

He has made multiple public statements favoring Bitcoin adoption.

United States

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