Kevin Warsh officially becomes Fed Chairman with unanimous support from the FOMC

The US Federal Reserve is opening a new chapter at a time when markets are doubting the trajectory of rates and the strength of the dollar. Kevin Warsh officially took over as head of the Fed after unanimous support from the FOMC, an appointment already scrutinized well beyond Wall Street. The former governor of the central bank has indeed distinguished himself by rare statements on bitcoin, which he considers as an asset capable of becoming “a lasting store of value, like gold”.

Kevin Warsh officially takes charge of the Fed

Kevin Warsh is now installed at the head of the American central bank. Former Fed Governor took an oath Thursday before being unanimously designated by the Federal Open Market Committee (FOMC) as chairman of its monetary policy committee.

This appointment marks a major transition for the American monetary institution, while the markets remain suspended on the next decisions on interest rates and inflation.

Here is some important elements linked to this appointment:

• Kevin Warsh was officially sworn in on May 22, 2026 as Chairman of the US Federal Reserve;
• The FOMC unanimously validated his nomination;
• His term as president runs until May 21, 2030;
• Its headquarters at Board of Governors must continue until January 31, 2040;
• Jerome Powell leaves the presidency of the Fed, but remains a member of the Board until 2028;
• Warsh promised to lead a reform-oriented Federal Reserve upon taking office;
• Donald Trump has said he wants a completely independent president.

This appointment comes in a particularly sensitive economic climate. Kevin Warsh already knows the inner workings of the Fed having served as governor between 2006 and 2011, at the heart of the global financial crisis. His return to the head of the institution places an experienced profile, while investors await the next monetary decisions from the American central bank.

Warsh's statements on bitcoin reignite the monetary debate

If markets first monitor the trajectory of rates, another dimension of this nomination is already attracting the attention of the crypto ecosystem. Kevin Warsh had previously spoken publicly about bitcoin in terms rarely used by a Fed executive. In his remarks, he explained that “Bitcoin could become a sustainable store of value, like gold”. He also said: “bitcoin doesn’t worry me…bitcoin doesn’t bother me”. These statements contrast with the historically more cautious, even hostile, positions adopted by several American monetary officials in recent years.

Warsh also mentioned the potential role of BTC as an indicator of confidence in the American currency and in the credibility of monetary policies. This approach is already fueling discussions among certain institutional investors, who see in its arrival a possible change of tone between the Fed and the crypto industry. However, nothing indicates a shift by the central bank towards a position favorable to cryptos. No concrete measures have been announced in this area and the Fed officially maintains a cautious line on cryptos.

Kevin Warsh's next public interventions will now be analyzed well beyond the American bond market. Every comment about inflation, falling rates, the dollar or alternative assets could have immediate repercussions on bitcoin and the entire crypto sector. The simple fact that a Fed president has already compared BTC to gold is already enough to change the framework of the American monetary debate.