🚨 BREAKING: WARSH TO BE FED CHAIR 🚨
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⚡️ TRUMP ANNOUNCES TODAY (FRI AM)
🎯 Kevin Warsh CONFIRMED as pick
📊 Bloomberg, Reuters, FT all report it
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📈 PREDICTION MARKETS EXPLODED:
Polymarket: 92% → 95% overnight
Kalshi: 94% certainty
Total volume: $289M traded
This is HAPPENING.
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💥 WHO IS KEVIN WARSH?
✅ Former Fed Governor (2006-2011)
✅ Almost picked in 2017 (lost to Powell)
✅ Trump's economic advisor
✅ BITCOIN FRIENDLY 🔥
✅ Historically inflation hawk
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🚀 WHY CRYPTO CARES:
"Bitcoin could provide market
discipline" - Kevin Warsh (2024)
Unlike Powell who dismisses crypto,
Warsh sees BTC as legitimate pressure
on Fed monetary policy.
✅ More rate cuts likely
✅ Pro-crypto stance
✅ Trump-aligned policy
✅ Fiscal restraint focus
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⚠️ MARKET REACTION:
USD: +0.26% (strengthening)
BTC: Dipped on uncertainty
Treasuries: Yields rising
Gold: Up on geopolitical risk
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🔥 THE CHALLENGE:
Senate confirmation NOT guaranteed
⚡ Sen. Tillis threatening to block
⚡ Powell DOJ probe complicates things
⚡ 39% odds of 52-vote confirmation
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⏰ ANNOUNCEMENT: THIS MORNING
📍 Official Trump statement expected
🎯 Powell's term ends: MAY 2026
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This changes EVERYTHING for:
🔸 Fed independence
🔸 Rate policy direction
🔸 Crypto legitimacy
🔸 Market volatility