The post Trump Nominates Pro-Bitcoin Kevin Warsh for Federal Reserve Chair appeared on BitcoinEthereumNews.com.

Key Notes Trump nominated Kevin Warsh for Fed Chair, odds on Polymarket hit 96%. BTC fell nearly 3% to $82,700, reacting to Warsh’s hawkish/anti-QE history. Warsh opposes retail CBDCs, favoring private stablecoins.
. President Donald Trump announced via Truth Social that he will nominate Kevin Warsh to replace Jerome Powell as Federal Reserve Chairman. The decision sets up a closely watched Senate confirmation process at a time when markets are highly sensitive to changes in monetary leadership. Warsh previously served at the Fed from 2006 to 2011 and later held senior roles in investment banking and policy advisory circles. This pushed a rapid shift in prediction markets that saw Warsh’s odds surge past BlackRock’s Rick Rieder overnight. Bitcoin BTC $82 907 24h volatility: 5.0% Market cap: $1.66 T Vol. 24h: $94.59 B traded lower on the news, falling to $82,700. Warsh’s Policy Record and Institutional Standing Trump described Warsh as a long-time acquaintance and praised his economic judgment, framing the pick as a move toward restoring discipline at the central bank. The nomination follows months of criticism from the administration toward the Fed’s handling of inflation, balance sheet expansion, and post-pandemic policy normalization. Powell’s term as chair expires in May, making Warsh’s confirmation timeline a near-term focus for investors. During his tenure at the Fed, Warsh played a role in crisis-era decision-making and later emerged as a vocal critic of prolonged ultra-loose monetary policy. He has repeatedly called for what he describes as a regime change at the central bank. He argues that extended asset purchases and large balance sheets distort markets and weaken policy credibility. Those views align with a more hawkish approach than the one associated with the Powell era. Warsh has also taken a more nuanced stance on digital assets, suggesting in past public remarks that Bitcoin…

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Filed under: News - @ January 30, 2026 3:28 pm