Trump Names Bitcoin-Friendly Kevin Warsh as Pick for Federal Reserve Chair
President Donald Trump on Friday announced Kevin Warsh as his nominee to serve as chairman of the Federal Reserve
Despite his openness to bitcoin, Kevin Warsh is widely regarded as a monetary policy hawk. During his previous tenure at the Fed, he consistently emphasized inflation risks, even during periods of economic stress.
Bloomberg Chief U.S. Economist Anna Wong recently summarized the view bluntly: “If Trump wants someone easy on inflation, he got the wrong guy in Kevin Warsh.”
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