Expectations change regarding the upcoming Federal Reserve Chair #الفيدرالي 🔄🇺🇸

Immediately after the president's statement, the odds of Haskett winning the Federal Reserve Chairmanship dropped to a low of 16% on Bo.. Lee Mar.. Mark.

In contrast, Kevin Warsh has emerged as the leading candidate, with probabilities approaching 60%.

This shift could bring mixed news to the cryptocurrency sector. Compared to Haskett, Warsh adopts a more cautious and stringent approach toward digital currencies.

Although he has invested in early-stage startups in the digital currency space—such as the stablecoin project "Basis"—and views #البيتكوين as a potential store of value similar to gold, he generally classifies digital currencies as "software" rather than real money.

He also supported the issuance of a wholesale digital dollar by the U.S. Federal Reserve as a means to compete with the digital yuan, while opposing the issuance of a retail digital dollar for privacy reasons.

Overall, Warsh supports innovation in #blockchain and advocates for easing some banking restrictions related to cryptocurrencies, but his skepticism toward private cryptocurrencies could translate into stricter regulation compared to Haskett's endorsement.
#USDemocraticPartyBlueVault
$OP ‌
$OM ‌
$OG ‌