Trump will host Kevin Warsh’s Fed chair swearing-in at the White House on Friday, May 22, after the Senate confirmed him 54-45 on May 13. It breaks recent Fed tradition: chairs are usually sworn in at the Fed, and the last White House ceremony for a Fed chief was Alan Greenspan under Reagan in 1987. For crypto, the “pro-Bitcoin” label matters less than liquidity: Trump wants lower rates, Warsh pledged independence but has criticized Powell-era policy, and Powell stays on the Fed board through 2028.

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