Warsh, sworn in as the 17th Chair of the Federal Reserve on May 22, 2026, held his first FOMC meeting on June 17 and chose to keep interest rates unchanged. The federal funds target range sits at 3.5% to 3.75%.

A new sheriff with a crypto wallet

Warsh’s financial disclosures revealed personal holdings in digital assets valued between $100M and $200M, making him the first central bank leader in US history with a meaningful stake in crypto.

He has publicly called Bitcoin a “sustainable store of value.”

Warsh has also been critical of parts of the broader cryptocurrency landscape. He’s opposed retail central bank digital currencies while expressing support for private-sector stablecoin initiatives.