The U.S. President nominates crypto-friendly Kevin Wash as Federal Reserve Chair

SmartContractAuditor · 2026-01-30T12:27:13+00:00

The U.S. President has nominated Kevin Wash as the next Federal Reserve Chair. Wash previously served as a Federal Reserve Board member, supports cryptocurrencies, and has invested in related projects. Although he supports a central bank digital currency framework, he is considered hawkish on monetary policy. The nomination requires Senate confirmation.

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2026-01-30 12:27:13

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Odaily Planet Daily reports that the U.S. President posted on Truth Social announcing the nomination of Kevin Warsh as the next Federal Reserve Chair. Kevin Warsh is currently a researcher at the Hoover Institution and a lecturer at Stanford Graduate School of Business. He previously served as a Federal Reserve Board member from 2006 to 2011. Kevin Warsh has a friendly stance towards cryptocurrencies, having stated that Bitcoin is an important asset that can serve as a policy overseer and does not pose a systemic threat to managing the economy with Bitcoin. Additionally, Kevin Warsh has participated as an angel investor in algorithmic stablecoin project Basis and the crypto index management company Bitwise. Although he has expressed support for central bank digital currency frameworks, he is considered hawkish on monetary policy. The nomination still requires Senate confirmation to succeed Jerome Powell, whose term ends in May.

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