🚨 TRUMP'S FED PICK WARSH: HAWK TURNED DOVE? WHAT THIS MEANS FOR MARKETS!
Kevin Warsh, former youngest FED Governor, is back in the spotlight. His potential leadership signals massive shifts in monetary policy.
• Warsh historically seen as a Hawk, prioritizing inflation control over growth.
• Recently, he publicly supports interest rate cuts—a huge pivot.
• Famous stance: "Inflation is a choice," blaming the $7T balance sheet for liquidity overload.
• Controversial proposal: Cut rates WHILE shrinking the balance sheet.
His take on $BTC is mixed. Sees $BTC as a potential store of value like gold but doubts it as a mainstream payment method. He called crypto "software, not money."
The biggest wildcard: Warsh supports CBDC development to counter China's digital yuan. This could crush stablecoins and DeFi payment rails.
BUT, any move toward lower rates is generally positive fuel for risk assets like $BTC. Watch the liquidity moves closely.