Kevin Warsh Confirmed as Fed Chair With Crypto Holdings on Record


The US Senate voted 54-45 on May 13 to confirm #KevinWarsh as the next chair of the #FederalReserve. Warsh will succeed Jerome Powell, whose term as chair officially ends on May 16. Powell has reportedly indicated he intends to remain on the Fed's board of governors until 2028.


The #Senate had #voted 51-45 on May 12 to confirm Warsh as a member of the #Fed's Board of Governors for a 14-year term. Warsh previously served on the same board from 2006 to 2011 under Presidents George W. Bush and Barack Obama, and earlier worked as a banker at Morgan Stanley.

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May 13, 2026 at 11:27 PM