Prediction Markets Signal Kevin Warsh as Front‑Runner for Fed Chair Under Trump
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Trump Nominates Kevin Warsh to Lead the Fed as Powell Mounts a Public Defense of Staff
President Trump nominated former Fed governor Kevin Warsh to replace Jerome Powell as Fed chair; markets and prediction platforms priced in the move while Senator Thom Tillis said he would block confirmations until a Justice Department grand‑jury inquiry into Powell is resolved. Powell used a press appearance to stress the professionalism of Fed staff and said the central bank monitors transformative forces such as artificial intelligence, even as legal and procedural frictions raise the odds of a prolonged leadership fight.
Warsh tapped for Fed chair as crypto market reacts; Binance shifts $1B SAFU into bitcoin and SoFi posts $1B quarter
President Trump nominated Kevin Warsh as his choice for Federal Reserve chair, a pick markets had rapidly priced in via prediction markets. The week also saw Binance move a $1 billion SAFU reserve into bitcoin, SoFi report its first $1 billion revenue quarter while outlining growth targets, a DOJ forfeiture tied to Helix exceed $400 million, and Vitalik Buterin commit 16,384 ETH to open‑source security work — all against a backdrop of rising political and regulatory scrutiny that is reshaping liquidity and operational risk in crypto markets.



