{"id":72938,"date":"2026-05-22T23:06:53","date_gmt":"2026-05-22T23:06:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/kevin-warsh-takes-fed-chair-oath-as-fomc-gives-unanimous-backing\/"},"modified":"2026-05-22T23:06:53","modified_gmt":"2026-05-22T23:06:53","slug":"kevin-warsh-takes-fed-chair-oath-as-fomc-gives-unanimous-backing","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/kevin-warsh-takes-fed-chair-oath-as-fomc-gives-unanimous-backing\/","title":{"rendered":"Kevin Warsh Takes Fed Chair Oath as FOMC Gives Unanimous Backing"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Warsh officially became Fed chair after Powell\u2019s transition and unanimous FOMC leadership selection.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Senate confirmations secured Warsh\u2019s chair term through 2030 and Board service through 2040.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Crypto markets may track his bitcoin remarks linking BTC with monetary credibility and gold.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Warsh Takes Fed Oath After Powell Transition<\/h2>\n<p>Kevin Warsh took the <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/pressreleases\/other20260522a.htm\" target=\"_blank\" rel=\"noopener noreferrer\">oath of office<\/a> as chairman and a member of the Federal Reserve Board on May 22, completing the transition from Jerome Powell, whose chair term concluded on May 15. The Federal Reserve Board <a href=\"https:\/\/news.bitcoin.com\/powell-named-temporary-fed-chair-until-warsh-takes-oath\/\">named<\/a> Powell chair pro tempore pending Warsh\u2019s swearing-in. President Donald Trump nominated Warsh on March 4, and the Federal Open Market Committee (FOMC) selected him as its chairman on May 22, placing him at the head of the central bank\u2019s rate-setting panel.<\/p>\n<p>Warsh was confirmed by the United States Senate as a Board member on May 12. Senators confirmed him as chairman on May 13. His term as chairman runs through May 21, 2030, while his Board term extends through January 31, 2040. The Federal Reserve announced:<\/p>\n<blockquote>\n<p>\u201cKevin Warsh on Friday took the oath of office as chairman and a member of the Board of Governors of the Federal Reserve System.\u201d<\/p>\n<\/blockquote>\n<p>\u201cAlso on Friday, the Federal Open Market Committee unanimously selected Warsh as its chairman,\u201d the Fed said.<\/p>\n<p>He now leads the Federal Open Market Committee, the Federal Reserve panel responsible for setting benchmark U.S. interest rates and directing monetary policy operations. The role places him at the center of decisions involving borrowing costs, financial conditions, and the Fed\u2019s communication strategy.<\/p>\n<h2>Who Kevin Warsh Is and What He Has Said About <span>Bitcoin<\/span><\/h2>\n<p>Warsh previously served as a Federal Reserve governor from February 2006 until March 2011, a period that included the global financial crisis. He studied public policy, economics, and statistics at Stanford University, then earned a law degree from Harvard Law School. His career also included work at Morgan Stanley and in federal economic policy circles before his earlier Fed service.<\/p>\n<p> <span>Bitcoin<\/span> has appeared in his public remarks on monetary policy and financial markets. He has described <span>BTC<\/span> as an \u201c<a href=\"https:\/\/news.bitcoin.com\/fed-chair-nominee-kevin-warsh-calls-bitcoin-an-important-asset-for-policymakers\/\">important asset<\/a>\u201d that can help policymakers evaluate whether monetary authorities are making sound decisions. He also compared <span>bitcoin<\/span> with <span>gold<\/span> while discussing its potential long-term role in the financial system. Those comments give his <span>bitcoin<\/span> views a clear place in the public record as he begins his Fed chairmanship. Warsh stated:<\/p>\n<blockquote>\n<p>\u201c <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> might\u2026 serve as a sustainable store of value, like <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a>.\u201d<\/p>\n<\/blockquote>\n<p>\u201c <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> doesn\u2019t make me nervous \u2026 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> doesn\u2019t trouble me. I think of it as an important asset that can help inform policymakers when they\u2019re doing things right and wrong,\u201d he further shared.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/kevin-warsh-takes-fed-chair-oath-as-fomc-gives-unanimous-backing\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Warsh officially became Fed chair after Powell\u2019s transition and unanimous FOMC leadership selection. Senate confirmations secured Warsh\u2019s chair term through 2030 and Board service through 2040. Crypto markets may track his bitcoin remarks linking BTC with monetary credibility and gold. Warsh Takes Fed Oath After Powell [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":72939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72938"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72938"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72939"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}