đš New Fed Chair Alert: Kevin Warsh đš
President Trump has nominated Kevin Warsh to replace Jerome Powell as Fed Chair in May 2026.
TL;DR for your portfolio đ
đŠ Who is he?
âą Former Fed Governor
âą Wall Street insider
âą Trump wants him to cut interest rates
đ Market reaction
âą Gold & Silver: Dropped (stronger USD)
âą Bitcoin: Pulled back near $81k on âhawkishâ fears
đ Bullish for crypto long-term?
Many say YES: âą Rate cuts = cheaper money â BTC benefits
âą Warsh has called Bitcoin a âsustainable store of valueâ
âą Expected to focus on growth, not politics
đ Bottom line:
Warsh looks safe for Wall Street, but lower rates could be fuel for the next Bitcoin move.
đ Hidden gem for crypto or future risk?