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Trump sends pro-Bitcoin Fed chair nomination to the Senate
π€AI Summary
President Trump has officially nominated Kevin Warsh, who has pro-Bitcoin views, to replace Jerome Powell as Federal Reserve Chair. The nomination has been sent to the Senate for confirmation after Trump announced his pick on social media on January 30th.
Key Takeaways
- βTrump officially nominated Kevin Warsh to replace Jerome Powell as Federal Reserve Chair.
- βWarsh is described as having pro-Bitcoin views, potentially signaling a shift in Fed policy toward cryptocurrency.
- βThe nomination has been sent to the Senate for confirmation proceedings.
- βTrump previously announced this pick via social media on January 30th.
- βThis represents a significant potential change in US monetary policy leadership.
Read Original βvia CoinTelegraph β Regulation
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