🚨 TRUMP'S FED PICK EMERGES: KEVIN WARSH SHAKES MARKETS!
Warsh is the dark horse candidate set to potentially replace Powell. His history shows hawkish tendencies but recent signals favor rate cuts. This is massive for risk assets.
• Warsh famously stated: "Inflation is a choice."
• He targets the $7T balance sheet as the inflation culprit.
• Proposes cutting rates WHILE shrinking the balance sheet—a highly controversial move.
• Favors a tight FED/Treasury coordination, aligning with Trump's vision.
Crypto Stance: Mixed Bag. He sees
$BTC as a potential store of value like gold, but hates its volatility for payments. BIGGEST FEAR: He backs CBDC development to fight China's digital yuan. Low rates are bullish, CBDC push is a direct threat to decentralized stablecoins. Watch this space.
#FEDPolicy #CryptoRisk #InterestRates #CBDC #WarshWatch 🔥