Kevin Warsh takes over as Federal Reserve chair with a hawkish inflation-first agenda and plans to shrink the balance sheet. Here's what investors should expect.

Kevin Warsh takes over as Federal Reserve chair with a hawkish inflation-first agenda and plans to shrink the balance sheet. Here's what investors should expect.

Kevin Warsh will be sworn in as the 17th Federal Reserve chair on Friday. His hawkish stance on inflation could create headwinds for crypto and risk assets.