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Crypto-Friendly Kevin Warsh Confirmed as Fed Chair to Replace Jerome Powell
DE
Decrypt Editorial(07:40 PM UTC)
1 min read
The U.S. Senate confirmed Kevin Warsh on Wednesday as the next chair of the Federal Reserve, clearing a pathway for him to take over the central bank’s reins.
Following months of tension marked by President Donald Trump’s pressure campaign against Fed Chair Jerome Powell, lawmakers voted 54-45 in favor of Warsh. A Department of Justice investigation into Powell, recently closed, had become a…
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