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Kevin Warsh sworn in as Fed chair at White House – TON BOT

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Kevin Warsh sworn in as Fed chair at White House

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Kevin Warsh was sworn in as the 17th Federal Reserve chair on Friday at a White House ceremony, succeeding Jerome Powell. The Senate confirmed Warsh in a narrow 54-45 vote. Bitcoin traded near $77,400 as traders anticipated Warsh’s leadership transition ahead of his first FOMC meeting in June. Warsh is seen as the most crypto-literate Fed chair, with his policy instincts potentially affecting risk assets and liquidity conditions in the market. Warsh’s first policy decision will come amidst persistent inflation and high oil prices.

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