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27 minutes ago🛡️ The Senate has confirms Kevin Warsh as Federal Reserve Chair, a known #Bitcoin advocate, just one day before the Clarity Act vote.
🏛️ Warsh, a former Fed governor, is widely seen as friendlier to digital assets than his predecessor amid a pivotal week for U.S. crypto.#Bitcoin #BTC #KevinWarsh #Fed #Crypto #ClarityAct #FederalReserve #Web3 #Markets #USA
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3 hours, 52 minutes agoใครรู้ช่วยตอบด้วยนะคะ 🙏
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5 hours, 51 minutes agoSenate votes to confirm Trump-pick Kevin Warsh to succeed Jerome Powell as Fed ChairThe Senate voted to confirm President Donald Trump’s pick for Federal Reserve Chair Kevin Warsh, ushering in a crypto-friendly leader to the central bank.
On Wednesday, the Senate voted 54-45 for Warsh’s nomination, who will serve a term of four years. Current Federal Reserve Chair Jerome Powell’s term ends on Friday, but he reportedly has said he will remain on the Fed’s board until 2028.
On Tuesday, the Senate voted 51-45 to confirm Warsh as a member of the Fed’s Board of Governors for a 14-year term.
Warsh previously served on the Federal Reserve’s Board of Governors from 2006 to 2011 under Presidents George W. Bush and Barack Obama, and also worked as a banker at Morgan Stanley. Warsh had spoken a few times about crypto, calling bitcoin an “important asset that can help inform policymakers.”
Financial disclosures released during the nomination process revealed that Warsh holds investments tied to several crypto companies and projects, including decentralized derivatives exchange dYdX, decentralized exchange protocol Lighter, venture capital firm Polychain Capital, NFT company Dapper Labs, as well as direct exposure to native tokens for Solana and Optimism, among other holdings.
During an initial Senate Banking Committee hearing last month, Warsh faced extensive questioning about interest rates, an issue that became increasingly tense between Trump and Powell. Trump openly spoke out against Powell and tried to fire him and Federal Reserve Governor Lisa Cook last year.
The Department of Justice had opened a criminal investigation against Powell, alleging false statements regarding a renovation of the central bank’s headquarters. Last month, U.S. Attorney Jeanine Pirro said the DOJ was dropping the investigation and was instead referring the matter to the central bank’s inspector general.
#Fed #KevinWarsh #Bitcoin #Crypto #FederalReserve #Trump #BTC #Markets #Finance #Economy
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12 hours, 8 minutes agoBREAKING: 🇺🇸 Senate officially confirms pro-crypto Kevin Warsh as Federal Reserve Chair to replace Jerome Powell.#Fed #KevinWarsh #Bitcoin #Crypto #FederalReserve #BTC #Finance #Markets #Economy #USA
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Animalverse SocialFi
Animalverse SocialFi is a Web3 social media platform designed to connect users around the world with the influence of anireion algorithms, promoting equal access to information. The platform aims to create a decentralized environment where users can freely share and consume content and send crypto, which is fully consistent with the principles of blockchain technology.
