Kevin Warsh, during a Senate hearing, stated that digital assets have become a part of the U.S. financial system and expressed support for their integration to provide investors with more opportunities and protection. According to Odaily, this stance is seen as a signal of a potentially open policy towards the crypto industry if Warsh were to become the Federal Reserve Chair. Warsh has previously described Bitcoin as an important asset for policy-making.

However, Elizabeth Warren raised concerns during the hearing, highlighting potential risks in the crypto sector, such as 'sock puppet' accounts, and emphasized the need for increased regulation and prevention of misuse.