Crypto-Friendly Kevin Warsh Confirmed as Fed Chair to Replace Jerome Powell

The bond market's shift highlights the fragility of monetary policy assumptions amid volatile energy prices, impacting global financial stability. The post Bond market abandons Kevin Warsh trade as oil prices surge past $105 appeared first on Crypto Briefing.

Kevin Warsh’s confirmation as Federal Reserve chairman drew split reactions from lawmakers over inflation, affordability, and central bank independence. The Senate confirmed him in a 54-45 vote, with only one Democrat voting in favor. Kevin Warsh Confirmation Draws Split Reaction on Fed Independence Kevin Warsh was confirmed as chairman of the Federal Reserve Board of […]

The post Kevin Warsh confirmed as Fed chair amid pressure over rates and Fed independence appeared on BitcoinEthereumNews.com. The U.S. Senate confirmed Kevin Warsh as the next Federal Reserve chair in a narrow 54–45 vote on 13 May, placing the former Fed governor at the center of mounting political and market pressure over interest rates, inflation, and central bank independence. The confirmation marked one of the closest margins for a Fed chair in decades and followed a separate 51–45 vote confirming Warsh to the Federal Reserve Board one day earlier. Warsh will now take over leadership of the U.S. central bank as markets closely watch whether the Fed maintains its current inflation-focused stance or shifts toward faster rate cuts under pressure from President Donald Trump and Republican allies. The confirmation also arrives during heightened uncertainty around energy prices, inflation persistence, and slowing economic growth. Markets focus on Fed independence concerns Much of the de

The post Tokenized Treasuries hit $15B record as Bitcoin stalls appeared on BitcoinEthereumNews.com. Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Summary Total value locked in tokenized Treasuries surpassed the previous mid-April peak of $15.10 billion, with rwa.xyz data confirming the $15.35 billion record on May 13. April’s US CPI came in at 3.8% annually, sharply raising the probability of a Federal Reserve rate hike and weakening the case for near-term cuts. Circle’s USYC and BlackRock’s BUIDL lead the sector, which has grown from $3.9 billion in early 2025 to exceed $15 billion in 16 months. Tokenized Treasuries reached $15.35 billion in total value locked on May 13, surpassing the previous mid-April peak of $15.10 billion, according to rwa.xyz data. The push came as markets began pricing in a higher probability of a Federal Reserve interest-rate increase, a sharp reversal from the rate-cut expectations th

With a vote split almost exclusively down party lines, it marks the most contentious Fed chair confirmation in history.

The post Kevin Warsh becomes Fed chair in 54-45 vote as central bank independence faces new test appeared on BitcoinEthereumNews.com. Kevin Warsh cleared the Senate on Wednesday and became the next Federal Reserve chair after a brutal 54-45 vote, handing Trump a new central bank chief while the inflation picture is getting uglier. Kevin is taking over Jerome Powell at the exact time when Trump wants low interest rates, despite the recent price readings offering little wiggle room for the Fed. Markets do not like these kind of situations because there is politics one way and high inflation on the other hand, along with a new Fed chief stepping into the middle of all this chaos. Kevin’s confirmation came after an election process that started way back in the summer of 2025, when the government began searching for a replacement for Jerome. The 56-year-old man is going to be the 11th Fed chair in the post-war era. However, his confirmation came almost entirely partisan because only Democra

Kevin Warsh wins Senate confirmation as Fed chair as inflation pressure complicates Trumps push for lower interest rates. The post Kevin Warsh wins Senate confirmation as Fed chair amid inflation pressure appeared first on Crypto Briefing.

Warsh's likely Fed Chair role signals potential shifts in U.S. monetary policy, impacting market expectations and economic strategies. The post Kevin Warsh confirmed as Fed Governor, likely next Fed Chair appeared first on Crypto Briefing.