🎉 Trump nominates Kevin Warsh as Fed Chair — the first chairman to support Bitcoin

Trump officially announced: Kevin Warsh will become the Chair of the Federal Reserve System. "I am confident he will go down in history as one of the greatest Fed Chairs, possibly the best."

Warsh is the youngest Fed governor in history (appointed at 35 years old), worked at the Fed from 2006 to 2011, and was a partner of legendary investor Stanley Druckenmiller.

His views on Bitcoin:
• "Criticism of Bitcoin as a threat to the Fed may be incorrect. It doesn't undermine the system; it disciplines it."
• "If you're under 40, Bitcoin is your new gold."
• "Bitcoin is important as an indicator. It shows policymakers when they are acting correctly and when they are not."

For the first time in Fed history, a person who publicly supports Bitcoin and understands its value has led the institution. Warsh sees BTC not as a threat to the dollar but as a market mechanism to control policymakers. This fundamentally changes the US's main financial regulator's attitude towards crypto.