
{"id":164510,"date":"2026-05-12T17:52:49","date_gmt":"2026-05-12T17:52:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=164510"},"modified":"2026-05-12T17:52:49","modified_gmt":"2026-05-12T17:52:49","slug":"senate-confirms-bitcoin-friendly-kevin-warsh-to-fed-board-clearing-path-to-chairmanship","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=164510","title":{"rendered":"Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/senate-confirms-bitcoin-kevin-warsh\">Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship<\/a><\/p>\n<div><\/div>\n<p>President Donald Trump\u2019s push to install Kevin Warsh as the next chair of the Federal Reserve moved closer to completion Tuesday after the Senate <a href=\"https:\/\/www.reuters.com\/business\/fed-chair-nominee-warsh-clears-hurdle-path-senate-confirmation-2026-05-11\/\" target=\"_blank\" rel=\"noopener\">confirmed<\/a> him to the Fed\u2019s Board of Governors, a step that clears the path for a final vote on the chairmanship later this week.<\/p>\n<p>The Senate approved Warsh in a 51-45 vote that fell along party lines, with Sen. John Fetterman joining Republicans in support of the nominee. If confirmed as chair, Warsh would replace Jerome Powell, whose term leading the central bank ends Friday.<\/p>\n<p>Warsh\u2019s rise has drawn attention across financial markets and the Bitcoin industry because of his public support for bitcoin and his ties to crypto-related firms.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Warsh\u2019s consideration of bitcoin<\/h2>\n<p>Unlike past Fed leaders who treated digital assets with skepticism, Warsh has <a href=\"https:\/\/bitcoinmagazine.com\/news\/trump-names-kevin-warsh-as-pick-for-fed\">described<\/a> bitcoin as \u201can important asset\u201d and \u201ca very good policeman for policy,\u201d arguing that its price can reflect confidence in the Federal Reserve\u2019s handling of inflation and monetary policy.<\/p>\n<p>\u201cBitcoin doesn\u2019t trouble me,\u201d Warsh said during a Hoover Institution event last year, where he framed the asset as a signal of monetary credibility rather than a threat to the U.S. dollar.<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN:  Pro-Bitcoin Kevin Warsh officially confirmed as a Federal Reserve Governor. <a href=\"https:\/\/t.co\/37Vl4x4TPZ\">pic.twitter.com\/37Vl4x4TPZ<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/2054241689288507418?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 12, 2026<\/a>\n<\/p><\/div>\n<p>His confirmation follows financial disclosures showing Warsh <a href=\"https:\/\/bitcoinmagazine.com\/news\/kevin-warsh-stake-bitcoin-startup\">held an equity stake<\/a> in Flashnet, a Bitcoin payments startup focused on lightning-style transaction infrastructure for merchants and fintech companies. The disclosure marked one of the clearest links yet between a potential Federal Reserve chair and a company tied to Bitcoin adoption.<\/p>\n<p>Warsh has also maintained ties to the crypto sector through advisory work and investments connected to digital asset firms, including crypto index manager Bitwise and stablecoin project Basis.<\/p>\n<p>At the same time, Warsh remains known as an inflation hawk. During his earlier tenure as a Fed governor from 2006 to 2011, he warned about inflation risks and criticized loose monetary policy following the financial crisis.\u00a0<\/p>\n<p>Recent comments <a href=\"https:\/\/www.cnbc.com\/2026\/05\/12\/senate-confirms-kevin-warsh-as-fed-governor-clears-way-for-chair-vote.html\" target=\"_blank\" rel=\"noopener\">calling<\/a> for \u201cregime change\u201d at the Fed and signaling openness to lower interest rates have created debate among investors over how he would balance inflation concerns with pressure from the White House.<\/p>\n<p>Markets now face a Fed transition during a period of renewed inflation pressure, rising geopolitical tensions and uncertainty around future rate policy.\u00a0<\/p>\n<p>Bitcoin traders and crypto investors are watching closely to see whether Warsh\u2019s views on digital assets translate into a shift in tone from the nation\u2019s most powerful financial institution.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/senate-confirms-bitcoin-kevin-warsh\">Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Senate Confirms Bitcoin-Friendly Kevin Warsh to Fed Board, Clearing Path to Chairmanship President Donald Trump\u2019s push to install Kevin Warsh as the next chair of the Federal Reserve moved closer to completion Tuesday after the Senate confirmed him to the Fed\u2019s Board of Governors, a step that clears the path for a final [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":164511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-164510","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\/164510"}],"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=164510"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/164510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/164511"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=164510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=164510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=164510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}