Kevin Warsh Sworn In as First Pro-Crypto Chair

On May 22, 2026, Kevin Warsh was officially sworn in by President Trump as the Chair of the Federal Reserve.

Warsh, who secured Senate confirmation on May 13 with a 54-45 vote, arrives at the world’s most powerful central bank with a profile unlike any of his predecessors. A vocal advocate for digital assets, Warsh reportedly holds over $100 million in personal crypto investments, spanning more than 30 projects ranging from Bitcoin to decentralized exchange protocols.

His appointment is viewed as a massive regime change for an institution that historically treated cryptocurrency as a peripheral, if not problematic, risk. Warsh has publicly stated that Bitcoin “does not make him nervous” and has long argued for treating digital assets as a legitimate, foundational layer of the modern financial infrastructure.

Markets are now in a “wait-and-see” mode regarding his first policy statement on interest rates and the Fed’s balance sheet. While his reputation as an inflation hawk suggests he won’t be rushing to “open the liquidity taps,” his crypto-native perspective has the industry buzzing with optimism.

Investors are currently pricing in a “risk-on” outlook, hoping his leadership will provide the regulatory clarity needed to fully bridge Wall Street with the blockchain economy.

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