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News list›Live markets: Bitcoin continues holding pattern near $77,000 as Kevin Warsh takes over at Fed

CoinDesk2026-05-22 13:24:04 HotBTC

Live markets: Bitcoin continues holding pattern near $77,000 as Kevin Warsh takes over at Fed

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Warsh promises reform at Fed Kevin Warsh has now been sworn in by President Trump as the chairman of the U.S. Federal Reserve, replacing Jerome Powell, who will continue at the Fed as a governor. "I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes, both escaping static frameworks and models, and upholding clear standards and integrity and performance today marks a return to an institution that I do in fact cherish," said Warsh in his remarks at the swearing-in ceremony. Bitcoin continues trading little-changed at just under $77,000, while stocks continue modestly higher, the Nasdaq ahead 0.5%.

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