Kevin Warsh was officially sworn in as Federal Reserve Chair today at the White House, with President Trump presiding over the ceremony. The Senate confirmed Warsh 54-45 on May 13, capping a nomination process that began in January 2026. Warsh replaces Jerome Powell and becomes the first Fed chair in history with a declared pro-crypto stance — he holds more than $100 million in personal digital asset investments across over 30 projects, including Bitcoin and decentralized exchange dYdX.
Warsh has publicly stated that Bitcoin "does not make him nervous" and has pushed for treating digital assets as legitimate financial infrastructure. For an institution that spent years treating crypto like contraband, the regime change is structural, not cosmetic.
The immediate market question is what Warsh says next.
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