{"id":131178,"date":"2026-01-30T13:06:38","date_gmt":"2026-01-30T13:06:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=131178"},"modified":"2026-01-30T13:06:38","modified_gmt":"2026-01-30T13:06:38","slug":"trump-names-bitcoin-friendly-kevin-warsh-as-pick-for-federal-reserve-chair","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=131178","title":{"rendered":"Trump Names Bitcoin-Friendly Kevin Warsh as Pick for Federal Reserve Chair"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Trump Names Bitcoin-Friendly Kevin Warsh as Pick for Federal Reserve Chair<\/a><\/p>\n

<\/div>\n

President Donald Trump on Friday announced Kevin Warsh as his nominee to serve as chairman of the Federal Reserve<\/a>, confirming speculation that intensified overnight as prediction markets sharply shifted in Warsh\u2019s favor.<\/p>\n

\u201cI am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,\u201d Trump wrote<\/a> in a post on Truth Social, praising Warsh\u2019s background in monetary policy, finance, and government service. Trump added that Warsh would go down as \u201cone of the GREAT Fed Chairmen, maybe the best.\u201d<\/p>\n

Warsh, 55, previously served<\/a> as a member of the Federal Reserve\u2019s Board of Governors from 2006 to 2011 under Presidents George W. Bush and Barack Obama, becoming the youngest Fed governor in history at age 35. He also acted as the Fed\u2019s representative to the G-20 and oversaw internal operations as an administrative governor.<\/p>\n

Currently, Warsh is a Shepard Family Distinguished Visiting Fellow in Economics at the Hoover Institution and a lecturer<\/a> at Stanford Graduate School of Business. He is also a partner at Duquesne Family Office, working alongside billionaire investor Stanley Druckenmiller.<\/p>\n

By the time of the announcement, Polymarket traders priced Warsh\u2019s likelihood of being selected at roughly 95% late Thursday, up from about 39% earlier in the day, while Kalshi markets showed similar probabilities after Trump confirmed he would announce his decision Friday morning.<\/p>\n

If confirmed by the Senate, Kevin Warsh would replace current Fed Chair Jerome Powell, whose term is set to expire in May.\u00a0<\/p>\n

The nomination ends weeks of speculation, during which Trump\u2019s shortlist was widely believed to include National Economic Council Director Kevin Hassett, current Fed Governor Christopher Waller, and BlackRock fixed-income chief Rick Rieder.<\/p>\n

Kevin Warsh\u2019s bitcoin and crypto views<\/h2>\n

Warsh\u2019s nomination is drawing particular attention from digital asset markets due to his relatively crypto-friendly public comments. Speaking at the Hoover Institution\u2019s \u201cInflation Is a Choice\u201d event last July, Warsh rejected the idea that bitcoin threatens the Federal Reserve\u2019s control over monetary policy.<\/p>\n

\u201cBitcoin doesn\u2019t trouble me,\u201d Warsh said at the time. \u201cI think of it as an important asset that can help inform policymakers when they\u2019re doing things right and wrong. It is not a substitute for the dollar, but it can be a very good policeman for policy.\u201d<\/p>\n

\n

President Trump’s next FED Chair pick, Kevin Warsh on Bitcoin:<\/p>\n

\u201cI think of it as an important asset that can help inform policymakers when they are doing things right and wrong.\u201d<\/p>\n

\u201cIt can be a very good policeman for policy.\u201d<\/p>\n

\u201cIt’s the newest and coolest software that will\u2026 pic.twitter.com\/g9GS358rfg<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) January 30, 2026<\/a>\n<\/p><\/div>\n

He has also described bitcoin as a generational alternative to gold, remarking that \u201cif bitcoin never existed, gold would be rallying even more right now,\u201d while suggesting younger investors increasingly view bitcoin as \u201cthe new gold.\u201d<\/p>\n

Kevin Warsh has indirect ties to the crypto industry through early investments<\/a> in the algorithmic stablecoin project Basis and advisory roles with crypto index manager Bitwise. However, his views remain nuanced; he has previously expressed openness to central bank digital currency frameworks \u2014 a position that contrasts with Trump\u2019s firm opposition to a U.S. CBDC.<\/p>\n

\n

President Trump’s next FED Chair pick, Kevin Warsh:<\/p>\n

\u201cIf you\u2019re under 40, Bitcoin is your new gold.\u201d pic.twitter.com\/xngj4FFNxd<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) January 30, 2026<\/a>\n<\/p><\/div>\n

Despite his openness to bitcoin, Kevin Warsh is widely regarded as a monetary policy hawk. During his previous tenure at the Fed, he consistently emphasized inflation risks, even during periods of economic stress.<\/p>\n

Bloomberg Chief U.S. Economist Anna Wong recently summarized<\/a> the view bluntly: \u201cIf Trump wants someone easy on inflation, he got the wrong guy in Kevin Warsh.\u201d<\/p>\n

This post Trump Names Bitcoin-Friendly Kevin Warsh as Pick for Federal Reserve Chair<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Trump Names Bitcoin-Friendly Kevin Warsh as Pick for Federal Reserve Chair President Donald Trump on Friday announced Kevin Warsh as his nominee to serve as chairman of the Federal Reserve, confirming speculation that intensified overnight as prediction markets sharply shifted in Warsh\u2019s favor. \u201cI am pleased to announce that I am nominating Kevin […]<\/p>\n","protected":false},"author":0,"featured_media":131179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131178"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131178"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131179"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}