🚨 BREAKING: WARSH TO BE FED CHAIR 🚨

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āš”ļø TRUMP ANNOUNCES TODAY (FRI AM)

šŸŽÆ Kevin Warsh CONFIRMED as pick

šŸ“Š Bloomberg, Reuters, FT all report it

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šŸ“ˆ PREDICTION MARKETS EXPLODED:

Polymarket: 92% → 95% overnight

Kalshi: 94% certainty

Total volume: $289M traded

This is HAPPENING.

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šŸ’„ WHO IS KEVIN WARSH?

āœ… Former Fed Governor (2006-2011)

āœ… Almost picked in 2017 (lost to Powell)

āœ… Trump's economic advisor

āœ… BITCOIN FRIENDLY šŸ”„

āœ… Historically inflation hawk

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šŸš€ 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.

āœ… More rate cuts likely

āœ… Pro-crypto stance

āœ… Trump-aligned policy

āœ… Fiscal restraint focus

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āš ļø MARKET REACTION:

USD: +0.26% (strengthening)

BTC: Dipped on uncertainty

Treasuries: Yields rising

Gold: Up on geopolitical risk

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šŸ”„ 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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ā° ANNOUNCEMENT: THIS MORNING

šŸ“ Official Trump statement expected

šŸŽÆ Powell's term ends: MAY 2026

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This changes EVERYTHING for:

šŸ”ø Fed independence

šŸ”ø Rate policy direction

šŸ”ø Crypto legitimacy

šŸ”ø Market volatility

#bitcoin #FederalReserve #crypto