Trump picks crypto friendly Kevin Warsh as new Fed chair

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US President Donald Trump has nominated Kevin Warsh, a former Fed governor known for his crypto-friendly views, to replace Jerome Powell as Federal Reserve chair, setting up a Senate confirmation fight.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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US President Donald Trump has nominated former Fed governor Kevin Warsh to replace Jerome Powell as Federal Reserve chair, setting up a Senate confirmation fight.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 30, 2026.
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