Photo: Jose Luis Magana/AP
Crypto-friendly Kevin Warsh advances toward Fed chair as Senate panel approves nomination
Kevin Warsh's approach to crypto could signal new regulatory clarity despite hawkish monetary policies.
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Add us on Google by Vivian Nguyen Apr. 29, 2026Kevin Warsh is one step closer to leading the Federal Reserve after the Senate Banking Committee approved his nomination in a narrow 13-11 vote on Wednesday.
The full Senate is expected to take up the matter in the coming days, as lawmakers race to install a new Fed chair before Jerome Powell’s term expires in mid-May.
This is a developing story. Please check back for further updates.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
