The Fed’s new leadership and a reversal in rate-cut expectations: How Kevin Warsh is reshaping the macro-pricing logic of the crypto market
The transfer of power at the Federal Reserve has never been as theatrically charged as it has been in May 2026. When Kevin Wachs was confirmed by a narrow margin of 54 votes in favor and 45 against in the Senate, and then officially took the oath of office as the 17th chair of the Federal Reserve on May 22, the market’s pricing logic for rate cuts had already been completely rewritten. Wachs is not a traditional “outsider” to the Federal Reserve. He served as a Federal Reserve governor from 2006
BTC-0.89%
GateInstantTrends·05-25 09:25
