NEXT FED CHAIR: "Crypto Is ALREADY Part of the Fabric" of US Finance! Kevin Warsh Hearing Bombshell

Ajouté : 2026-05-05

[00:00:00]Crypto is now part of the US financial system and quantitative easing is essentially reverse Robin Hood economics, meaning that anytime the bank does quantitative easing, they steal from the poor to give to the rich. And these are not my words. This is Fed chair nominee Kevin Warsh. He is also incredibly pro-crypto. Let's hear this clip.

[00:00:23]>> believe that digital assets should be incorporated into our financial industry so Americans have new investment opportunities and consumer protections?

[00:00:30]>> Uh Senator, digital assets are already part of the fabric of our financial services industry in the United States, yes. Thanks, Mr. Warsh.

[00:00:36]And this is from the Senate confirmation hearing earlier today. And this is exactly why we don't have crypto market structure yet. Well, of course, because of the egregious predatory practices of the banks, but right now that entire committee, every single politician that's literally working on crypto market structure is paying attention and focus on the Fed. So, I'm going to go ahead and give you guys a quick recap of what happened today and who Kevin Warsh is and what to expect from this pro-crypto Fed chair. Another really cool thing that he said was that he is not going to be Trump's puppet. Now, Trump wants to lower inflation, okay? He wants to lower interest rates. But Kevin Warsh, he's kind of on the fence about it. Don't worry, I'll explain why. He's generally more hawkish on inflation, but growth-friendly Fed under Warsh, tightening on the balance sheet, potentially more dovish on rates if AI productivity delivers, and narrow focus on more core mandates. Now, this is fine and dandy. I don't care how they bring the cost of living down, the cost of goods and services, whatever that is.

[00:01:34]I don't care. It just needs to happen.

[00:01:36]And maybe this could be achieved without messing with interest rates. I mean, obviously, I want interest rates to go down so more people can afford the cost to borrow money, but at the same time, if people get access to more wealth, more money, they get access better products and services and they can afford the high cost. Now, Kevin Warsh is extremely strict when it comes to independence on monetary policy. And he wants to keep political pressure away from monetary policy, which is great, but at the same time, it's kind of intertwined, so it's going to be complex. He also wants to focus on price stability. He does criticize previous Fed choices, especially during the panorama, but ultimately, it is a Fed's choice, well, excuse me, job to control monetary policy, something that Powell gaslit us on. Another thing he said that I liked was that the Fed should avoid fiscal policy, social issues, or areas outside of its mandate. No heavy involvement in climate, equity, or non-mon policy non-mon policy matters.

[00:02:28]Non-monetary matters. So, everything is just money-focused, okay? And that's what it should be. Do your job. My taxpayer dollars are paying you a salary, do it. Because if I worked a 9-5, I would be fired. If I don't make good content, you guys don't watch it.

[00:02:40]There's repercussions. Make wise choices. So, basically, he is a long-term critic of the Fed's oversized balance sheet, which is currently around 6 to 7 trillion dollars from quantitative easing. Oh my god. And he does want to shrink it significantly, which is very, very good. And reduce heavy forward guidance and over-communication with markets. And work with the Treasury more closer to stop a lot of this red tape and overlapping and ridiculous behavior. And last but not least, he is pro-crypto.

[00:03:08]He's got about 100 million dollars invested in crypto and DeFi projects.

[00:03:14]Aave, Solana, Bitcoin, Lightning, etc. And again, he is very adamant that there's not going to be a CBDC, but I don't believe him on that. And again, all politicians or unelected or elected bureaucrats, they have their own best interests and egos they have to serve.

[00:03:29]But really, he's saying all the right things. Now, how does this impact crypto in a positive manner? Well, if there is more money available, more money around, it's going to drive liquidity into Bitcoin into crypto, primarily through a lot of these ETFs, because that's where the big money is right now is in traditional finance and stocks and bonds and all sorts of stuff. Right now, Bitcoin is technically in a bear market along with crypto, and we're only at a $2 trillion market cap. For reference here, gold and silver have a $41 trillion market cap. That's good news.

[00:03:56]And also, too, he wants to really utilize Bitcoin and crypto and blockchain technology and help the banks out in that aspect. Essentially, bringing everything full circle, aka tokenization, which again means more liquidity. Drop a comment your thoughts below.