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Kevin Wash Sworn In as Federal Reserve Chair on May 22

GateNews

Monetary Policy Metals

2026-05-19 07:12:37

BTC-0.23%

According to Reuters, citing White House officials, Kevin Wash will be sworn in as Federal Reserve Chair on May 22 (U.S. Eastern Time) at a ceremony presided over by President Donald Trump at the White House.

Wash is the first Federal Reserve chair historically to express support for Bitcoin and digital assets. During his Senate confirmation hearing on April 21, he stated that digital assets are already part of the U.S. financial services industry structure, and previously described Bitcoin as "new gold" for generations under 40.

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