The US Senate has confirmed Bitcoin supporter Kevin Worth as the new head of the Fed. What this means for cryptocurrency

5/14/2026, 10:55 AMЕвгения Слив

Kevin Warsh is the new US Federal Reserve Chairman, with a vote of 54 for and 45 against in the Senate. The term of Fed Chairman-in-Office Jerome Powell will expire on May 15, after which Worth will officially take office for a four-year tenure. At the same time, he became a member of the Regulatory Board for 14 years. On Worth’s shoulders - serving on the Board from 2006 to 2011 and managing Morgan Stanley.

Warsh makes no secret of his positive attitude towards digital currencies. He has repeatedly said that Bitcoin is an "important asset" that can help policymakers analyze the economic situation. It follows from the open financial documents that the official invested in crypto projects dYdX, Lighter, Polychain Capital, Dapper Labs, and also owns the tokens Solana and Optimism.

Among the new chairman’s main tasks are interest-rate management and monetary policy. It is on these issues that Powell and President Trump have often disagreed.

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