⚡️ The White House expects a fast Senate confirmation for Kevin Warsh as the next Federal Reserve Chair
⚠️ Why it matters:
• Leadership change at the Fed = potential policy shift
• Warsh is seen as more hawkish on inflation
• Markets will reprice expectations around rates and liquidity
📊 What to watch:
• Rate path expectations
• Bond yields reaction
• Equity and crypto sensitivity to policy tone
Fed leadership = market direction
Big signal for macro ahead