tldr; President Donald Trump has nominated Kevin Warsh as the next Federal Reserve Chair, replacing Jerome Powell when his term ends in May 2026. Warsh, a former Fed Governor, is known for his hawkish inflation views but has recently supported lower interest rates, aligning with Trump’s economic preferences. Markets reacted sharply, with gold and silver declining and Bitcoin dropping below $81,000. Warsh’s stance on cryptocurrency and monetary policy will be closely watched as he faces Senate confirmation hearings.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
ThreeTonChonker on
Gold and silver will no longer be propped up by Powell and his refusal to cut rates. Both are going to crash to pre 2023 numbers.
BTC will go on a bull run with all the liquidity.
Watch.
MarioWilson122 on
We can only hope now that he is in there, that he cuts rates way more frequently. Even that might not get us the bull run we want, but maybe it gives us a better chance.
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Warsh from the Epstein files?
tldr; President Donald Trump has nominated Kevin Warsh as the next Federal Reserve Chair, replacing Jerome Powell when his term ends in May 2026. Warsh, a former Fed Governor, is known for his hawkish inflation views but has recently supported lower interest rates, aligning with Trump’s economic preferences. Markets reacted sharply, with gold and silver declining and Bitcoin dropping below $81,000. Warsh’s stance on cryptocurrency and monetary policy will be closely watched as he faces Senate confirmation hearings.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Gold and silver will no longer be propped up by Powell and his refusal to cut rates. Both are going to crash to pre 2023 numbers.
BTC will go on a bull run with all the liquidity.
Watch.
We can only hope now that he is in there, that he cuts rates way more frequently. Even that might not get us the bull run we want, but maybe it gives us a better chance.